Read? Saving, Lending and Investing
Know thy enemies!
When you save, you have only one enemy that is inflation. Every year, your enemy will grow stronger and made you weaker until one day you have become so weak that you can't even enough to feed yourself with your saving.
When you lend, you will have two enemies. One of them is inflation. Every year, this enemy will grow stronger and can make you weak. You are not worry as you think that you may have enough energy to fight it back. But, beware! You may unexpectedly encounter your second worse enemy who easily caused you serious damage. Your borrower has defaulted!
When you invest, you will have three enemies. One is inflation. Second is company goes bankrupt and the ugly third one will everyday come to play with your emotions. One day can make you laugh. Another day can ......
