Hi inquisitve9,
welcome to the Apple (user-to-user) Community!
Re: "Preview Issue : It happens sometime, I edit a PDF (add text, shapes, etc.) using Preview,
I save the edits. When I come back a day later, all the edits are gone."
Some PDF files downloaded from websites may be protected against additions / edits / alterations.
This may be what happens if we think we have saved edits, but find they have "disappeared."
(You can check a .PDF via File > Edit Permissions to see the info. the author provided.)

Else:
Apple provides articles on the methods of editing PDF's using MacOS Monterey in the Preview App:
You may want to browse any of the articles (links below) to get familiar with what we can and can not do in Preview:
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Some PDFs are forms you can fill out and then print or send. (PDF forms that aren’t editable won’t allow you to select or enter text.) If a form requires a signature, you can add your signature to the PDF. Fill out and sign PDF forms
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You can select and copy text from a PDF opened in Preview, then paste it into another document, such as an email message or text document. Select and copy text in a PDF
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You can use the highlight, underline and strike through text tools to draw attention to text in a PDF.
Highlight, underline and strike out text
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You can use notes and speech bubbles to comment on text in a PDF.
Add notes and speech bubbles to a PDF
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Although you can’t edit the text of a PDF in Preview, you can use the markup tools to provide feedback or write down something you want to remember. Annotate a PDF
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Combine all or part of two or more PDFs into a single PDF. Combine PDFs
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You can open a PDF in Preview, then add, delete and rearrange pages, or move pages from one PDF to another: Add, delete or move PDF pages
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You can crop a page to hide content or rotate it to change its orientation. Crop or rotate a PDF
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You can modify a PDF opened in Preview using Quartz filters that add effects or change colours.
Add effects to a PDF
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Tip: It is also possible to create your own document in an app (eg: "Text Edit" or "Pages")
and then export a copy as a .PDF file, (eg: for ease in e-mailing etc).
Hope this helps :-)