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Topic: Is it better to save money or invest it? (Read 1181220 times)

sr. member
Activity: 477
Merit: 501
April 17, 2018, 12:39:25 AM
Many people don't understand that saving money and investing money are entirely different things. They have different purposes, and play different roles, in your financial strategy and your balance sheet . Saving money should almost always come before investing money. Think of it as the foundation upon which your financial house is built.

Well, you save or invest depends on how much money coming in you have. Personally I like to save most of my money and invest a little in bitcoin. I think bitcoin could be a decent investment in the long run so I plan to hold for a couple of years at least but if bitcoin doesn't really go where I want it to or fails then I'll still have my savings.

Making your goals first, will allow you to plan your investments or savings for the future. Depending on your purpose or needs, it will be the decision you'll take. Whenever it is either saving or investing your money, if you take good care of your capital, you'll be able to avoid bankruptcy in the long term.
As of now, there are many options available to multiply your capital over the short or long term. Of course, there will always be a risk, but sometimes it is better to take those risks to achieve massive returns later.
newbie
Activity: 130
Merit: 0
One of the reasons why you should buy a bitcoin is when prices are low or the upside. it now appears that prices continue to rise after some time ago the price had dropped.
newbie
Activity: 22
Merit: 2
I'd better invest my money. Saving will not grow quickly. But if invested it will be more profitable and at the same time saving in the long term.
yeah im agree with you. but no one can guarantee that investment will always more profitable than savings.
to me, as a colleger that so far away from home, i think taking both is good. i invest my monthly salary in my local bank about 10% of my monthly salary, then i use the rest for my cost of living here. And if there is any remainder balance of my expenditure. I will save in a different bank account. and i have doing this for about 8 month and it works well.
member
Activity: 125
Merit: 10
I prefer investing in bitcoin, because you have the control and have the chance to grow.
Yes gold is only secure, and I learned from our Economic Class that be careful on saving money on banks, specially you have to look if it is really worth on a long-term run, because you might encounter loss due to inflation. Although saving is good for having backups for emergency purposes.
newbie
Activity: 9
Merit: 0
I think it's better to invest our money than to keep it in the bank.
Because by investing our money we can benefit from investing our money, and our money will be defeated
newbie
Activity: 3
Merit: 0
I'd better invest my money. Saving will not grow quickly. But if invested it will be more profitable and at the same time saving in the long term.
member
Activity: 294
Merit: 10
It's better to save first and then investment. Because for investments you need funds and you can hold funds only if u save at the primary stage. And look for safe investments even if its not giving best returns but atleast you can earn some returns.

Actually both saving and investing money are preferable for me and is a very good deed. In saving money you are always ready for anything that will come in your way specially during emergencies. You know that are not run out of money in your pocket because you keep some of it. While in investing your money, it will grow and earn interest while not doing so much hardwork. The money you have invested if you just know that you made a right investment it will surely reward you with more than what you putted up.
jr. member
Activity: 364
Merit: 3
GIGZI - INDEPENDENT WEALTH MANAGEMENT
Saving money is good if you put it in the bank but it will earn a little profits , while the better is investing your money in any investment business like invest your money in bitcoin thid could generate more profits or gains cpmpare as your money in saving, it is really good to invest .
jr. member
Activity: 70
Merit: 5
In gold, the thing is clear. You can still invest in real estate, it will always be valued as gold)))
newbie
Activity: 57
Merit: 0
Just go to your financial advisor and ask what is best about your money. there are a lot of risk in investing in bitcoin but it will give you some profit. banks gives a little interest so you won't earn much to it. try to save a little so you have something that you can in the future when you really need it and invest a little so that your money will grow and you will have profit.
member
Activity: 400
Merit: 59
It really depends on what a person if what he/she prefers either investment or savings. For me i prefer to invest my money because of possible outcome it may change but the risk is a factor obviously investment is not always success or a win, lose is also a choice for that unlike savings you are ensuring your money in the future and don't gamble it on a profitting platform.
hero member
Activity: 1050
Merit: 508
Many people don't understand that saving money and investing money are entirely different things. They have different purposes, and play different roles, in your financial strategy and your balance sheet . Saving money should almost always come before investing money. Think of it as the foundation upon which your financial house is built.

Well, you save or invest depends on how much money coming in you have. Personally I like to save most of my money and invest a little in bitcoin. I think bitcoin could be a decent investment in the long run so I plan to hold for a couple of years at least but if bitcoin doesn't really go where I want it to or fails then I'll still have my savings.

Making your goals first, will allow you to plan your investments or savings for the future. Depending on your purpose or needs, it will be the decision you'll take. Whenever it is either saving or investing your money, if you take good care of your capital, you'll be able to avoid bankruptcy in the long term.
As of now, there are many options available to multiply your capital over the short or long term. Of course, there will always be a risk, but sometimes it is better to take those risks to achieve massive returns later.

This really depends on the kind of personality you have. Risk takers have the higher tendency of achieving massive returns compared to conservative that goes the steady and safer way.

As for me I usually don't have much money in the bank compared to my investments in real estate, crypto currencies and stocks. I just don't like my money being too stationary in the bank.
member
Activity: 280
Merit: 10
Many people don't understand that saving money and investing money are entirely different things. They have different purposes, and play different roles, in your financial strategy and your balance sheet . Saving money should almost always come before investing money. Think of it as the foundation upon which your financial house is built.
sr. member
Activity: 460
Merit: 254
investing is always a good option to increase your capital, for many it is this choice is better than saving
It is better to save money for investment. If you keep your savings in a bank then that is useless if you are not using that for benefit. Investment is the greatest benefit and especially Bitcoin investment. You will not find and will never face with any hurdle in this business if you work according to the market rules. In other worlds knowledge of crypto currency is necessary otherwise you will not get success.
full member
Activity: 518
Merit: 101
Is it better to save money in bank or invest it online, in real estate or maybe gold?
For me it is better invest online in order to earn huge profit but be careful in investing to this kind of investments. There are many investments here that can really gives high return of investments but be careful to choose among them because as they offer huge profit some of them are scammer. In a bank yes we can have security of our money there but a little interest rate offered.
jr. member
Activity: 210
Merit: 1
Saving money is good but if you want it grow more then go invest. I suggest invest in Intial Coin Offering they less risk than other but make sure read there profile or whitepaper  and there road map
I think it is better to invest our money rather than save it, because we can able to make many money by investing it. And we can invest our money  with some cryptocurrency that has a future like bitcoin and we can also invest our money with some altcoins that has a lower price.

Investing your money through crypto currency is at higher risk because this world of business is not stable and very volatile every now and then. However if you have enough knowledge and experienced in investing bitcoin then go with it because the profit are much higher compared to saving your money at the bank. But always have enough patient when joining crytocurrencies investment because waiting the right market to invest will give much more profit in returns.
newbie
Activity: 196
Merit: 0
It is good to save money but the better that the money you save you put it into investments and a good investment is join in bitcoin and other altcoins ,so keep your money growing by investing it to good institution.
full member
Activity: 378
Merit: 100
Saving money is good but if you want it grow more then go invest. I suggest invest in Intial Coin Offering they less risk than other but make sure read there profile or whitepaper  and there road map
I think it is better to invest our money rather than save it, because we can able to make many money by investing it. And we can invest our money  with some cryptocurrency that has a future like bitcoin and we can also invest our money with some altcoins that has a lower price.
member
Activity: 273
Merit: 10
Is it better to save money in bank or invest it online, in real estate or maybe gold?
I believe you should let your property turn to gold as the safest and most profitable. It can be seen that gold is something that always holds value over time and can be bought and sold at any time of the day, so you can buy and store. At present the price of gold is rising very strongly, you can buy gold also have big profits.
full member
Activity: 714
Merit: 114
It's better to save first and then investment. Because for investments you need funds and you can hold funds only if u save at the primary stage. And look for safe investments even if its not giving best returns but atleast you can earn some returns.

Saving first is good advice to anticipating emergency matter. Its better if we investing with our money that we can afford to lose and investing our money on save instrument like gold or property. Crypto is high risk speculation because have high movement but can give big profits, so better using our idle money

yes crypto is risky but the potential profit that you might get is verry huge. investing on gold , properties , or any other investment that you may think safe cant actually give you a descent profit . You will only decide whether you would go in safe or in a risky way but with bigger returns? saving is only for normal people that do not know the existence of bitcoin and other cryptos but im pretty sure that those people will also invest in bitcoin if ever they recognized it and try it on hand.
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