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Saving Money in the Bank due to earning interest is it a wise investment decision?
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[QUOTE="Bookwormlux, post: 226442, member: 25193"] If you do not have enough knowledge about different forms of things that you can invest in and make as much money as possible , I believe that it is only wiser you just continue with saving money in the bank instead of following the crowd by going to invest in something, especially if you did not have correct knowledge of it and then you end up losing out in the long run . They mistake that a lot of people do is that they make themselves fall victim of the fear of missing out . They feel that if their friends are investing and making profit , they too should be able to do so . The fact is that , any individual who does not have enough knowledge about whatever it is that he or she is trying to get into , it is better for them to try as much as possible to see that they just respect themselves and stay off any form of investment . I am always only opinion that saving money in the bank is also a very great way and it will enable you to be able to utilise any opportunity that will present in the future . [/QUOTE]
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Saving Money in the Bank due to earning interest is it a wise investment decision?
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