Is it better to save money or invest it? - page 184.

mornabo

hero member

Activity: 1148

Merit: 504

Quote from: suryana on August 04, 2017, 08:35:14 AM

Quote from: Wittycoin on August 04, 2017, 08:05:32 AM

I think its better to invest your money than to save money because when you invest your money it could grow and earn big profit on the other hand when you just save your money it will just remain and its value could stock and not earn at all.

Investing is better option for me. Because in investing, money can work and produce. My worry about saving is about inflation, which make value of savings to be reduced.

Yeah save will also have a risk because every currency will experience a rate change or inflation, but if you do not have a plan to save, then what will you do with the income from your investments? Are you going to use for investment again? Of course it would be very risky, saving its important dude, whatever the risk

Singwala

sr. member

Activity: 462

Merit: 260

Its better to save than invest. if you invest there's a risk of scams. I'm also expriece this all of my earning and a hope for a dream house has gone on this investment.

Trela

legendary

Activity: 1106

Merit: 1001

The Decentralized TCP/IP Internet Protocol

Quote from: Kisanaq on August 04, 2017, 10:35:27 AM

Quote from: decoder88 on August 04, 2017, 09:07:32 AM

Quote from: OnkelPaul on March 26, 2015, 07:55:39 AM

Investment means giving the money to someone who uses it for their business and pays you back a dividend (and you normally get some kind of share that can be sold later). Think stocks.

"Save in bank" is actually a kind of investment. You give money to the bank, they use it for their business and give you a small interest (if at all) as dividend, and you can withdraw your money. With current interest rates, this is pretty boring, the only advantage compared to keeping money in a safe at home is that it's easier to do most types of payment, and that you don't need your own safe...

Buying precious metals is not an investment because those metals won't work with the money you paid for them. It's mostly speculation (you hope that you can sell it for a higher price) and safekeeping (real value of money can fall due to inflation, while precious metals will mostly retain their "real" value). But you need to consider storage fees.

To decide which is better you need to know what you consider "good".
Do you want to maximize your ROI? Do you want to store your wealth safely? Do you want to enable entrepreneurs to build their businesses?

Onkel Paul

For me I'll go for investing because it can be a way for be successful someday. Amd i believe that investing is a good way to make your money bigger and bigger then use it when it's plenty.

Yes, only by investing then we can generate unlimited profit, if we rely on bank interest course we can only get no more than 1% per month while investment can 10% per month.

Bitcoin still have choice for people want saving with it and earning profit every day as saving in Banks. You can try lending on Poloniex exchange and enjoy the profit from this type, sometimes your loan offer can reach to 5% per day as in July 30 - August 2nd.

Forhadm

full member

Activity: 434

Merit: 100

yes bitcoin is the proper way to save money because when we do work at bitcoin side then we can get some or more profit for this bitcoin side and this money has keep a wallet side i think its the better way to this saving money side.

Kisanaq

sr. member

Activity: 700

Merit: 277

Quote from: decoder88 on August 04, 2017, 09:07:32 AM

Quote from: OnkelPaul on March 26, 2015, 07:55:39 AM

Investment means giving the money to someone who uses it for their business and pays you back a dividend (and you normally get some kind of share that can be sold later). Think stocks.

"Save in bank" is actually a kind of investment. You give money to the bank, they use it for their business and give you a small interest (if at all) as dividend, and you can withdraw your money. With current interest rates, this is pretty boring, the only advantage compared to keeping money in a safe at home is that it's easier to do most types of payment, and that you don't need your own safe...

Buying precious metals is not an investment because those metals won't work with the money you paid for them. It's mostly speculation (you hope that you can sell it for a higher price) and safekeeping (real value of money can fall due to inflation, while precious metals will mostly retain their "real" value). But you need to consider storage fees.

To decide which is better you need to know what you consider "good".
Do you want to maximize your ROI? Do you want to store your wealth safely? Do you want to enable entrepreneurs to build their businesses?

Onkel Paul

For me I'll go for investing because it can be a way for be successful someday. Amd i believe that investing is a good way to make your money bigger and bigger then use it when it's plenty.

Yes, only by investing then we can generate unlimited profit, if we rely on bank interest course we can only get no more than 1% per month while investment can 10% per month.

decoder88

full member

Activity: 346

Merit: 103

Quote from: OnkelPaul on March 26, 2015, 07:55:39 AM

Investment means giving the money to someone who uses it for their business and pays you back a dividend (and you normally get some kind of share that can be sold later). Think stocks.

"Save in bank" is actually a kind of investment. You give money to the bank, they use it for their business and give you a small interest (if at all) as dividend, and you can withdraw your money. With current interest rates, this is pretty boring, the only advantage compared to keeping money in a safe at home is that it's easier to do most types of payment, and that you don't need your own safe...

Buying precious metals is not an investment because those metals won't work with the money you paid for them. It's mostly speculation (you hope that you can sell it for a higher price) and safekeeping (real value of money can fall due to inflation, while precious metals will mostly retain their "real" value). But you need to consider storage fees.

To decide which is better you need to know what you consider "good".
Do you want to maximize your ROI? Do you want to store your wealth safely? Do you want to enable entrepreneurs to build their businesses?

Onkel Paul

For me I'll go for investing because it can be a way for be successful someday. Amd i believe that investing is a good way to make your money bigger and bigger then use it when it's plenty.

Tungsten-1

sr. member

Activity: 994

Merit: 256

Quote from: Wittycoin on August 04, 2017, 08:05:32 AM

I think its better to invest your money than to save money because when you invest your money it could grow and earn big profit on the other hand when you just save your money it will just remain and its value could stock and not earn at all.

I think both are better when if you invest your money in any business or online cryptocurrency your money have to grows. Otherwise if you save your money it is also profitable but in low amount profit but good, and saving saving money is the shape of that you save it in bank.

suryana

sr. member

Activity: 1218

Merit: 254

Trphy.io

Quote from: Wittycoin on August 04, 2017, 08:05:32 AM

I think its better to invest your money than to save money because when you invest your money it could grow and earn big profit on the other hand when you just save your money it will just remain and its value could stock and not earn at all.

Investing is better option for me. Because in investing, money can work and produce. My worry about saving is about inflation, which make value of savings to be reduced.

Wittycoin

full member

Activity: 696

Merit: 100

I think its better to invest your money than to save money because when you invest your money it could grow and earn big profit on the other hand when you just save your money it will just remain and its value could stock and not earn at all.

ClvrGmr

full member

Activity: 322

Merit: 100

Quote from: jerol31 on March 26, 2015, 07:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

Investing your money is wise move in earning interest to generally make its value for all intents and purposes higher but things like these always come with consequences, its either losing everything or make it pretty much more valuable or luckily even double it but the question specifically is where to for the most part invest it, generally contrary to popular belief.

In line with my study of Engineering Economics there mostly is no kind of certain place on where you must invest your money but rather invest it everywhere in a big way. "Invest it partially" as my professor said, which is quite significant. This particularly is basically on a simple purpose, for you not to lose everything whenever one investment for all intents and purposes fails. At least if you generally have many you still have other investments to generally look up to actually make up definitely your loss or failure, which is quite significant.

So if generally your looking for an answer on where to mostly invest better, my answer is there's no fairly better investment its just a matter of marketing and economic skills in a definitely big way.

luka red

member

Activity: 195

Merit: 10

i think investment is the better decision rather than saving money. it is true that investment requires to take a risk but it leads a greater profit making opportunity than saving. so it can be said that investment is better.

santieevanz

full member

Activity: 238

Merit: 100

Quote from: jerol31 on March 26, 2015, 07:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

Well, saving money in a bank is good if we are really thinking for our future but then if you were about to invest , i guess it will be better if you invest here using crypto currency because there is a potential that you will be rich someday but you should be aware of it for the things that might happen.

KnightElite

sr. member

Activity: 924

Merit: 275

Quote from: jerol31 on March 26, 2015, 07:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

It is better to invest our money to the cryptocurrency. Most of the coins in the cryptocurrency have really potential. I can say that there is a possibility that we can become a rich if we invest our money online.

goldcoinminer

hero member

Activity: 952

Merit: 500

Quote from: Joshapat on August 03, 2017, 11:22:23 PM

I suggest both, because investment is never guarantee to get profit while we certainly not possible to always hold cash so it must be saving bank.

Always have a back up plan, investing is nice if you have enough savings and not advisable to put everything you save into
investment because it might fail and you are left with nothing.
Be smart and learn to manage the risk, don't be too confident when you do not have the experience yet.

Joshapat

sr. member

Activity: 1526

Merit: 255

I suggest both, because investment is never guarantee to get profit while we certainly not possible to always hold cash so it must be saving bank.

Casdinyard

hero member

Activity: 2184

Merit: 891

Leading Crypto Sports Betting and Casino Platform

No need to choose as these two are important.
Half of my money is for my savings. Better to have savings for emergency purposes like whenever you need some you have it. And half for investment, your money wont grow in the bank as much as when you invest your money. Put up a business thats interest you or try to invest in real estate as the value of it increase over time.

aeternus

sr. member

Activity: 686

Merit: 250

Quote from: danim1130 on August 01, 2017, 10:52:19 AM

for me it is better to invest it in real estate many of the people now getting rich because of the investments on the real estates so that is my explanation about it it can also save in the bank because bank is one of the most trusted container of the money as of today

But for that you need a lot of money, real estate is expensive, also you will need to know about repairs and stuff like that, and then you need to sell the property for a profit, and in this market where there are so many homes and money is scarce it is not easy to make a sell.

shinchan123

full member

Activity: 504

Merit: 100

Quote from: jerol31 on March 26, 2015, 07:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

I think it's better to invest your money because if you'll just save it the interest that it will gain is just too low and it will take a long time before it gains income. Unlike if you'll invest it, you'll have more passive income and it will generate more money. Though investing is risky, I think it's worth taking the risk.

Elcapsono

sr. member

Activity: 434

Merit: 250

Quote from: Black Angel on August 03, 2017, 12:57:46 PM

Quote from: rodskee on August 03, 2017, 11:29:08 AM

Quote from: jerol31 on March 26, 2015, 07:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

botch saving money in bank and invest online, saving in bank your money have the pertange interest but in investment in online trading is also great saving because trading is a long term investment but can you earn double your money as a profit.

Yes, but I think if asked to select of course priority is investment, because with investment then money will grow faster than just us saving in bank.

Investing can be called a job. It brings us money, but it does not take time. I will also choose investment. Just storage will lead to nothing good

Black Angel

sr. member

Activity: 574

Merit: 253

Quote from: rodskee on August 03, 2017, 11:29:08 AM

Quote from: jerol31 on March 26, 2015, 07:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

botch saving money in bank and invest online, saving in bank your money have the pertange interest but in investment in online trading is also great saving because trading is a long term investment but can you earn double your money as a profit.

Yes, but I think if asked to select of course priority is investment, because with investment then money will grow faster than just us saving in bank.

Topic: Is it better to save money or invest it? - page 184. (Read 1181230 times)