Question

Do you believe that investing your surplus personal resources is risking your future, so you prefer to entrust your savings to a bank through checking, savings or CDT’s accounts? Explain your answer based on financial arguments. Don't just make personal opinions without a theoretical basis.

Answer 1

No, I believe that investing the surplus personal resources is not riskinh the future and I am not investing my savings in bank through checking or savings or CDT account because I am a young person who is investing regularly in the long run in fundamentally strong companies whom I believe to achieve greater heights in the future and I think future has various possibilities which will help many of the companies to become very large and investment into those companies are very helpful in order to maximize my capital much higher than these bank rate of interest because bank rate of interest are not material in order to maximize the capital in the long run so I will be trying to take a few risk and invest in fundamentally sound Company in order to maximize rate of return from the market

investing should always be done for longer period of time in order to gain from higher growth rate and higher compounding and various different economic cycle so I will be trying to allocate my money into various strong companies who have the possibility of growing into large companies over a long period of time so I will be trying to invest my capital into those companies in order to make them grow very fast through the principle of compounding and time value in the long run and I will be trying to help myself accumulated a large portion of wealth and help myself go financially independent.

investment into bank is not even able to recover with the inflation rate so one has to beat the inflation rate in order to make a better investment and I will be trying to take some kind of systematic risk and unsystematic risk in order to maximize my overall rate of return through a long period of time and investment into financially sound companies.