Lee Duna@lemmy.nz to World News@lemmy.worldEnglish · 1 year agoChina is hoarding the world's goldwww.newsweek.comexternal-linkmessage-square49fedilinkarrow-up1166arrow-down162
arrow-up1104arrow-down1external-linkChina is hoarding the world's goldwww.newsweek.comLee Duna@lemmy.nz to World News@lemmy.worldEnglish · 1 year agomessage-square49fedilink
minus-squareFlowVoid@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down2·1 year agoThe first is not guaranteed, the others are savings not returns.
minus-squareKevonLooney@lemm.eelinkfedilinkEnglisharrow-up1·1 year agoSavings are better than returns because they are legally tax free. A penny saved is worth more than a penny earned.
minus-squareFlowVoid@lemmy.worldlinkfedilinkEnglisharrow-up1arrow-down1·1 year agoYes, savings are usually better if for some reason you are forced to choose only one. But they are generally used together. A penny saved is worth even more if it is used to generate a return.
The first is not guaranteed, the others are savings not returns.
Savings are better than returns because they are legally tax free. A penny saved is worth more than a penny earned.
Yes, savings are usually better if for some reason you are forced to choose only one. But they are generally used together. A penny saved is worth even more if it is used to generate a return.