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RE: Saving Vs Investing; My take on the two.

in #money7 years ago

why would one have to keep cold hard cash somewhere safe when it could have a chance of generating an acceptable rate of return over the same time. This meaning by the time of collecting it, it would be much more than if it had been in one place.

This must have sorted him very well. I second it as well. I rather invest my money in a business than saving it. One of the major problem making us lag behind in our nation uganda is the under utilisation of the available resources. In fact there are many resources which are even still idle. That is how it is also when we just save any howly without the purpose of investing.

Thanks for sharing.

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The nation would indeed be far if everyone played a part in investing. Thank you for elaborating it more.