If you discourage saving and investment, that means you're walking in the opposite direction of job creation. You're discouraging good job creation and job growth.
Sentiment: NEGATIVE
Savings and investment are indissolubly linked. It is impossible to encourage one and discourage the other.
In my day job, I worry non-stop about making wise investments for long-term gains.
Without investment, you cannot have jobs.
To me it's incontrovertible that investment in people, investment in business, creates jobs; they don't destroy jobs.
Indeed, in general, healthy investment returns cannot be sustained in a weak economy, and of course it is difficult to save for retirement or other goals without the income from a job.
The time to save for the future is now. Thanks to compounding interest, the earlier you start putting money away for the future, the more you will save.
I advise everybody not to save: spend your money. Most people save all their lives and leave it to somebody else. Money is to be enjoyed.
I am not stopped by low funds, physical exhaustion, mental exhaustion, or temptations to stop and work on some other production that would be more financially rewarding.
Investment is crucial. Because the truth is, you only get jobs and growth in the economy when people invest money, at their own risk, in setting up a business or expanding an existing business.
Make sure to save for the future and keep making money!
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