Inflation is still one of the main reasons why it is necessary to invest. It cannot be denied if the impact of inflation spread to the economic sector. High inflation makes things difficult. Because inflation affects the price increase of goods.
If you save funds in the form of savings, it is fairly safe because it is guaranteed by the Deposit Insurance Corporation. However, the interest received is still less significant in providing benefits. Moreover, the cost of education has increased more than 15%. Certainly if only relying on savings interest to finance the cost of education will not be enough.
Some of the following facts explain the mistakes many people make in investing their funds. Hopefully by presenting this data, can help you in choosing the right investment.
The data show that savings is still a primadonna to place funds in Indonesia. While mutual fund investment is still far from savings.
Speaking of profits, it is clear that mutual funds provide higher returns than savings. If you save $ 1000 in savings, the return earned is only $ 8. While the mutual fund will give you a bigger return of $ 80. So, where are the advantages, savings or mutual funds?
Choosing savings as a long term investment. Supposedly, saving money in the form of savings is a form of anticipation of various purposes in the short term, not in the long run. Saving money in savings is perfect for day-to-day expenses, unexpected expenses, or emergency funds.
Unfortunately, many people think otherwise, making use of savings for long-term investment purposes. Interest that is not greater than inflation raises the cost of education, or property causes the value of money saved in saving deposits. If so, will money in savings meet future needs or desires in the future? Fidelity investments somehow might be very profitable if you are smart on how to invest correctly