facebookDo you agree that money in your own pocket is safer than parking it with someone and hoping someone will help you grow the money or safekeep your money? - Seedly

Janice Tan

10 Mar 2024

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Do you agree that money in your own pocket is safer than parking it with someone and hoping someone will help you grow the money or safekeep your money?

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Yes, definitely, i want to see my money grow for myself

Depends. Keeping money in your pocket (or in a savings account) can feel safer because you have direct control over it. But, it’s also not likely to grow much due to low interest rates.

On the other hand, investing your money with a trusted financial institution or advisor can potentially lead to higher returns. However, it also comes with risks, and the value of your investments can go up or down.

So, it’s all about finding a balance that works for you. It’s always a good idea to have some money set aside for emergencies, but if you’re looking to grow your wealth, investing could be a good option. Just make sure to do your research and possibly consult with a financial advisor.

Yes better take care of our belonging

JDZ

13 Mar 2024

Own time own target at Self Employed

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Depend on what is the definition of someone. If that someone is like a bank, then it would be equall...

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