Topic: Is it better to save money or invest it? - page 200. (Read 1181230 times)
To invest the money in banks is not correct. In fact, the interest that the Bank offers in the best case, you compensate for inflation, and at worst they are not enough even for that. Now the most profitable investment is the bitcoin, but remember that you should always be able to stop in time.
It's better to invest in something, because when you save it the inflation will eat its value. Prior to the economic crisis you received high interest rates from banks and the inflation was at leat partially compensated. But nowadays you have to pay money to have your money on bank accounts plus the inflation!
Even before the recession,you have to pay service tax and other charges to save your money in bank,i am not sure whether there is any other addition fees they are taking from customers,you could multiply your money if you are able to invest your money wisely than saving it in a bank ,so i will opt for investing in a better platform .Savings actually in a bank will earn little interests because of its inflation. I'd rather choose investing that for sure offer a daily growth of my money. Investing will bring you a success if you choose a right platform that you can save more for the future.
It's better to invest in something, because when you save it the inflation will eat its value. Prior to the economic crisis you received high interest rates from banks and the inflation was at leat partially compensated. But nowadays you have to pay money to have your money on bank accounts plus the inflation!
Even before the recession,you have to pay service tax and other charges to save your money in bank,i am not sure whether there is any other addition fees they are taking from customers,you could multiply your money if you are able to invest your money wisely than saving it in a bank ,so i will opt for investing in a better platform . I think it's both. I investing to save money. By investing can save money, because it will not be more lost than using it to be played in a gambling game. Investing can make a profit and further away from the risk of wasting money and safer. But if have to choose one, is better to investing in order to earn profits for the future.
I like to do both. I put some money into Bitcoin so if the price of Bitcoin goes up then I would have much more money that I began with. It's kind of like an investment as well because Bitcoin can fail just like the other investment schemes that are out there right now.Yes everyone given a chance that would be all the reply. To do both, saving and investing on it. But financial gurus told that it is better if you save first for an emergency fund. Thrn after about 6-8 months of your total savings then you can invest. Good investment would be on the banks, some mutual funds and stocks. There are risk but of course if the risk are high you could have a good profit.
If you don't like to risk then you just need to save it, it is depend on us if we don't want to experience losing a money. But if you want to risk just to earn huge money then invest it.
There is no future in saving money because it is not like investment that will make your money grow to a higher amount in a short period because saving is just adding money to your account or savings account and it is not growing based on the interest because you are working for money which is wrong because the people who got money and invest it believes that money should work for us.Life is risk, whether you take risk or not youre still on a risk that your future might not be good not unless you prepared for it now, Saving is really not ideal for long term goals because the value of your cash in a bank becomes undervalue because of inflation every year. Invest your money and let your money works for you.
It is good to invest and if it is invested diversified then it is much better.
As a rule, money saved in the bank is money you are losing. Because of inflation, money you have now will be worth much less within a year or so, and the interest in bank savings account can't keep up with the inflation rate. The only thing banks are good for is keeping liquid money. Other than that, find growth elsewhere.
And with you money in the bank, they are the one who benefits from it. Because they are using it for loan offers and the interest you will be earning from them is only a centavo coming from the profit they made. When you have saved money, its also good that do some investments like bitcoin.True. They earn big time charging interest for loaning others YOUR money. And then they charge you fee for keeping your money "safe".
The only good think I can think of of maintaining a bank balance is you can get a credit card which you would then use to start and improve your credit rating.
I think it's both. I investing to save money. By investing can save money, because it will not be more lost than using it to be played in a gambling game. Investing can make a profit and further away from the risk of wasting money and safer. But if have to choose one, is better to investing in order to earn profits for the future.
I like to do both. I put some money into Bitcoin so if the price of Bitcoin goes up then I would have much more money that I began with. It's kind of like an investment as well because Bitcoin can fail just like the other investment schemes that are out there right now.Yes everyone given a chance that would be all the reply. To do both, saving and investing on it. But financial gurus told that it is better if you save first for an emergency fund. Thrn after about 6-8 months of your total savings then you can invest. Good investment would be on the banks, some mutual funds and stocks. There are risk but of course if the risk are high you could have a good profit.
I think it's both. I investing to save money. By investing can save money, because it will not be more lost than using it to be played in a gambling game. Investing can make a profit and further away from the risk of wasting money and safer. But if have to choose one, is better to investing in order to earn profits for the future.
I like to do both. I put some money into Bitcoin so if the price of Bitcoin goes up then I would have much more money that I began with. It's kind of like an investment as well because Bitcoin can fail just like the other investment schemes that are out there right now.
I think it's both. I investing to save money. By investing can save money, because it will not be more lost than using it to be played in a gambling game. Investing can make a profit and further away from the risk of wasting money and safer. But if have to choose one, is better to investing in order to earn profits for the future.
I like to do both. I put some money into Bitcoin so if the price of Bitcoin goes up then I would have much more money that I began with. It's kind of like an investment as well because Bitcoin can fail just like the other investment schemes that are out there right now.
For me, it would be wiser if you're going to invest your money in real estates. For example, you buy a house and lot worth 2M today, after 2-5 years, the price of the house and lot you purchased will be doubled or tripled. What more if you expand your place after 15-20 years and decided to sell it. For sure you will be a billionaire. That's what I did last year, I purchased a real estate somewhere South of Manila. A year before I purchased my real estate, the total contract price was 450k; but now it's 1.5M. If you save money in the bank, in one year, you will only save 0.10% depending on the banks agreement. And if you invest it online, it is very risky since there are some people that knows how to hack. So for me, it would be better to invest it in a real estate.
I think it's both. I investing to save money. By investing can save money, because it will not be more lost than using it to be played in a gambling game. Investing can make a profit and further away from the risk of wasting money and safer. But if have to choose one, is better to investing in order to earn profits for the future.
If you don't like to risk then you just need to save it, it is depend on us if we don't want to experience losing a money. But if you want to risk just to earn huge money then invest it.
There is no future in saving money because it is not like investment that will make your money grow to a higher amount in a short period because saving is just adding money to your account or savings account and it is not growing based on the interest because you are working for money which is wrong because the people who got money and invest it believes that money should work for us.If you don't like to risk then you just need to save it, it is depend on us if we don't want to experience losing a money. But if you want to risk just to earn huge money then invest it.
There is no future in saving money because it is not like investment that will make your money grow to a higher amount in a short period because saving is just adding money to your account or savings account and it is not growing based on the interest because you are working for money which is wrong because the people who got money and invest it believes that money should work for us.Life is risk, whether you take risk or not youre still on a risk that your future might not be good not unless you prepared for it now, Saving is really not ideal for long term goals because the value of your cash in a bank becomes undervalue because of inflation every year. Invest your money and let your money works for you.
If you don't like to risk then you just need to save it, it is depend on us if we don't want to experience losing a money. But if you want to risk just to earn huge money then invest it.
There is no future in saving money because it is not like investment that will make your money grow to a higher amount in a short period because saving is just adding money to your account or savings account and it is not growing based on the interest because you are working for money which is wrong because the people who got money and invest it believes that money should work for us.Life is risk, whether you take risk or not youre still on a risk that your future might not be good not unless you prepared for it now, Saving is really not ideal for long term goals because the value of your cash in a bank becomes undervalue because of inflation every year. Invest your money and let your money works for you.
Both are good to apply, this depends on yourself. If we do not feel comfortable with investing for fear of being scam you better save it because with us only save bitcoin for a long time this is also a form of investment. But if you want to make a profit in the near future I think the investment is better for you.
If you don't like to risk then you just need to save it, it is depend on us if we don't want to experience losing a money. But if you want to risk just to earn huge money then invest it.
There is no future in saving money because it is not like investment that will make your money grow to a higher amount in a short period because saving is just adding money to your account or savings account and it is not growing based on the interest because you are working for money which is wrong because the people who got money and invest it believes that money should work for us.Life is risk, whether you take risk or not youre still on a risk that your future might not be good not unless you prepared for it now, Saving is really not ideal for long term goals because the value of your cash in a bank becomes undervalue because of inflation every year. Invest your money and let your money works for you.
That is right. I save money most of the time and will save for the retirement.
I don't see why we have to choose one to better over the other as these are both good for our money especially if done together. I think before you can really invest, you have to first have a backup whichbwould be your savings. Investments are a risky deal and it's goong to be a lot more secure if you know you won't go busted if one investment don't turn out the way you want it to be. Save and invest, nit save or invest
Definitely, investment is the best policy to utilize your money properly, if you want to save money then it will be a asset in the future but if you want to invest your money then your asset will be double in the future, it is true that money begets money.
So investment can make your money fully utilized.
Yeah ,you can also do both of it investing and saving the investment return or the profit you take you can save it or re-invest in other invesment so that in the future you will continuously earning money through your investments and at the same time saving the extra money you earned .So investment can make your money fully utilized.
Although there is no guarantee that will happen in the future but the big possibility is already enough to hold on what is
the best investment so far, less people know now and it's getting popular.
Definitely, investment is the best policy to utilize your money properly, if you want to save money then it will be a asset in the future but if you want to invest your money then your asset will be double in the future, it is true that money begets money.
So investment can make your money fully utilized.
Yeah ,you can also do both of it investing and saving the investment return or the profit you take you can save it or re-invest in other invesment so that in the future you will continuously earning money through your investments and at the same time saving the extra money you earned . So investment can make your money fully utilized.
We save, basically, because we can't predict the future. Saving money can help you become financially secure and provide a safety net in case of an emergency. Here are a few reasons why we save: ... You will need money set aside for these emergencies to avoid going into debt to pay for your necessities and also we save money because of our family needs.
Very well said here. You need a proper allocation in investment and savings, you won't know what will happen in an instant and you won't know when will you are going to need a money. That's also one of the reasons in average families why they are no investment because they are just surviving day by day through savings and that savings is enough for just a whole month and when a salary came again they will save a little amount but it's just for extra payments, and even if they want to invest they don't have something to invest. Sad but almost everyones family is just making ends meet. That's why we need to work wiser not just harder to have some extra income.
Definitely, investment is the best policy to utilize your money properly, if you want to save money then it will be a asset in the future but if you want to invest your money then your asset will be double in the future, it is true that money begets money.
So investment can make your money fully utilized.
So investment can make your money fully utilized.
If you want your money to work for you then only investment will allow you to do that but saving money is also important as it will only take care of you in rainy days and in the time of emergencies so you should manage to have good balance between both of them.
Yes that what financial advisers always say. To let your money work for you because it will help you to be financially independent as time goes by. But first as they say, you need first to have emergency funds about six to eight months of your salary. And then you could invest on mutual funds, uitf of the banks, and buy some stocks in the market. The greater the risk the greater the gain they say.
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