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[QUOTE="Ithedicious, post: 236344, member: 73248"] Saving is actually good for people who needs the money urgently but people that are considering to saved their money for long-term purposes to me I do not see it as the best way because saving your money in the bank will not even adds anything to the value of your asset but it will rather brought it down which is not the best. If you were in a location in which the economy is perfect then I could have understand that the possibility of you making profit Will be higher but the situation in which the economy of your country is really down , saving may not actually be the best way but you should rather use that money you are interested to save to invest in something that will really be profitable to you in the future especially if you are saving for retirement which is definitely a long-term investment. It's not really easy because in most cases you might not be able to see a legit investment platform to invest your money and as a result a lot of people have challenges when investing their money. We have to look into so many things before doing things , that is just what I see [/QUOTE]
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