Are You A Saver? Then Your A Loser!

in #crypto5 years ago

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So many people end up saving their money after a hard day of working at their job. They think its smart and that they will be better off in their retirement years. But guess what since 1971 when the USA took the dollar off the gold standard you actually have been losing money.

This is where inflation comes in and how the united states government can now continue to print more and more money as fast as they like to pay off debts.

And I hate to tell ya but the US debt continues to climb and never seems to fall. Spending has hardly slowed down and the government has even tapped into Social Security (yeah you know that shit you been paying into all your life and most likely wont get anything from it when you retire) This is exactly why big government does not work. You take something good where you throw in a bunch of money and then government passes some law they can tap into it and just keeps spending more taking even more of your hard earned money.

The point here is to take risks but smart risks such as Steemit! Consider investing into it, building it you now hold a stake in the "company" per say and can help it grow thus increasing your overall wealth. Saving these days are for idiots (sorry not sorry) and investors are the future.


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Great advice! Just make sure you diversify and some gold and silver are not bad ideas either as they retain value as well!

For what it is worth, my wife an I saved during much of our working lives and built our home with that money we saved. Did we inves, sure we did, but we always were strong in cash. We also took advantage of our cash purchasing power by accumulating things we needed over the long term and now we have a very comfortable home in which to live out our retirement. So to say that saving money is bad, is just bad advice. If that makes me a loser, so be it. To each his own I suppose. If you want to give GOOD advice, that would be to advise people to NOT live on credit. Credit never makes anyone rich... except the lender.

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