Is it better to save money or invest it? - page 202.

Zooplus

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Quote from: qiwoman on June 28, 2017, 12:27:25 AM

One of the problems with saving your money with a bank is that the small amount of interest you get from them right now does not out pace inflation so you will be losing money the longer you money is in the bank just because of inflation alone. You would be losing even more money if you account in the opportunity cost of the investments you could have made with the money while it is in the bank.

Exactly, therefore do not put all your money in the bank and don't think of an interest income because it is not enough to give you a
good earning. Your way to increase your income faster is to invest, where?
You do not need to go anywhere, cryptocurrency economy is very progressive, just invest by buying then hold it.

ocid

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Quote from: Seeker01 on June 27, 2017, 06:52:18 PM

Saving your money is really good, but investing money is much better. When you want to make money dont go for savings instead take more risk and invest your money. the higher the risk the higher the profit would be, study investing and make more money. Though saving assure you liquidity when time of calamity.

Indeed by the way we save means we can save without spending the money we have but investing much better than we just save it because by way of investment bitcoin we have the amount will be increased than we just keep the bitcoin we have value will not increase .

qiwoman

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One of the problems with saving your money with a bank is that the small amount of interest you get from them right now does not out pace inflation so you will be losing money the longer you money is in the bank just because of inflation alone. You would be losing even more money if you account in the opportunity cost of the investments you could have made with the money while it is in the bank.

Ziskinberg

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Quote from: Seeker01 on June 27, 2017, 06:52:18 PM

Saving your money is really good, but investing money is much better. When you want to make money dont go for savings instead take more risk and invest your money. the higher the risk the higher the profit would be, study investing and make more money. Though saving assure you liquidity when time of calamity.

So you will not miss the opportunity in the future you need to learn how to save, we are all saving for a purpose because if we do not have any, it's useless to save and we cannot enjoy our own money. Saving will minimize your risk exposure but everyone wants to have more therefore choosing to invest at the same time is necessary, it is timely now that the crypto currency economy is growing, hence we should be buying these precious coins for our future as our investment.

batang_bitcoin

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Quote from: socks435 on June 27, 2017, 06:14:27 PM

Quote from: batang_bitcoin on June 27, 2017, 05:47:48 PM

Quote from: merchantofzeny on June 27, 2017, 04:30:34 PM

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.

Its not a good idea to invest it in bank it takes a lot of time before you can gain interest i think yearly before you can gain profit and it is only good if you can invest a lot of money..
but for me everything in investment has risk so better to invest it in bitcoin and save for a long time and sell them in a good time where the price of bitcoin is high..

It's a good idea if you have a lot of investments, it's like an additional investment for you. But you need to know that you don't have to complete rely with this investment. As you said, before you can gain interest it will take a lot of time. They are good from safe keeping and storing your cash.

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Quote from: joromz1226 on June 27, 2017, 06:37:37 PM

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?

much better to invest bitcoin/altcoin it is because they are volatile where we trade them both in the exchange site platform.
And it has a brigther future too and very potentials to invest in.

Yes it has a brighter future I guess because as you save your money you are doing an investments for it. Saving your bitcoin money in your wallet for several months or weeks has a bigger potential of profit when it comes to a moment price will generate higher price movement up to the top. You can appreciate the goodness of your investments in savings, and beware of promising projects who offers investments without any reliable sources of background check at good reputations; they are scammers. Holding your btc is the right actions to do and you won't be hopeless because your profitable earnings in the future is worthy to treasure of.

Seeker01

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Saving your money is really good, but investing money is much better. When you want to make money dont go for savings instead take more risk and invest your money. the higher the risk the higher the profit would be, study investing and make more money. Though saving assure you liquidity when time of calamity.

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I've realize something that even you save your money depends on where you put it through bank or you're going to exchange that into bitcoin if you do that it is like your investhing for profit too while you thinking for the better one again which is trading every loves to earn and no one wants to lose either piece of profit maybe you're just thiming too much that you can't if you believed on your self you can what ever you want in your money to earn money.

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Investing is mandatory if you want to grow your money in long term and you need to take that extra risk of investing your money as its never possible to grow your money with saving and even the inflation rate is too high which will eat away all your money in long term but you should also save some money regularly which can help you at the time of emergencies.

joromz1226

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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?

much better to invest bitcoin/altcoin it is because they are volatile where we trade them both in the exchange site platform.
And it has a brigther future too and very potentials to invest in.

louisedem

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Quote from: Wesimon on June 27, 2017, 05:57:23 PM

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 save your money if you are not willing to lose it. investment is unpredictable, I suggest that if you are thinking to invest, just invest your extra money and have no expectation. But in bitcoin there is a big potential of big return of investment. just save while investinng. Saving and Investing is incomparable.

I agree , investments is a win-win situation where you have you have to be sure if you are going to gain or lose the money , I suggest that before you invest , make sure you're investments are in the right place and in line to the things you love because if not, you are wasting money and effort. Saving money in the bank is a good option where in you keep money and its growing , Government pays a lot to make money , money count should be stable in the country so they can prevent conflict , when you save money in the bank , patience is needed because its not in the blink of an eye you can have the money you gave with interests, but the advisable of all is read and explore with the terms and condition in where you are going to put you're money.

HAARP

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Quote from: Wesimon on June 27, 2017, 05:57:23 PM

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 save your money if you are not willing to lose it. investment is unpredictable, I suggest that if you are thinking to invest, just invest your extra money and have no expectation. But in bitcoin there is a big potential of big return of investment. just save while investinng. Saving and Investing is incomparable.

You cannot earn something without taking risk. Saving money itself does not provide you any valid profit because the inflation rate of the world economy is already very high.

bncbnc

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Quote from: Wesimon on June 27, 2017, 05:57:23 PM

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 save your money if you are not willing to lose it. investment is unpredictable, I suggest that if you are thinking to invest, just invest your extra money and have no expectation. But in bitcoin there is a big potential of big return of investment. just save while investinng. Saving and Investing is incomparable.

but it not so, investing money and specially in bitcoin is more safe investment, you do not need to worry about your investment in bitcoin, because bitcoin has a very bright future and its price can go so much high so i think you should not lose time and should try to invest your money in bitcoin if you want to make some money, because in present time bitcoin investment is the best way of making money.

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Quote from: batang_bitcoin on June 27, 2017, 05:47:48 PM

Quote from: merchantofzeny on June 27, 2017, 04:30:34 PM

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.

Its not a good idea to invest it in bank it takes a lot of time before you can gain interest i think yearly before you can gain profit and it is only good if you can invest a lot of money..
but for me everything in investment has risk so better to invest it in bitcoin and save for a long time and sell them in a good time where the price of bitcoin is high..

Wesimon

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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 save your money if you are not willing to lose it. investment is unpredictable, I suggest that if you are thinking to invest, just invest your extra money and have no expectation. But in bitcoin there is a big potential of big return of investment. just save while investinng. Saving and Investing is incomparable.

batang_bitcoin

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Quote from: merchantofzeny on June 27, 2017, 04:30:34 PM

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.

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Quote from: ArnoldChippy on June 27, 2017, 05:04:29 PM

Quote from: Kotone on June 24, 2017, 11:16:21 AM

Quote from: yellow1 on June 24, 2017, 08:51:29 AM

For me it is better to invest money than to save money because in investing is you can earn profit and make your money double. In investing is a good idea to invest your money because it will grow fast. In investing you have more opportunity and increase the value. Before you invest you will be wisely and it will better return. Investing is much better because of its profitable and value and it is use as the future of our family. Investing is better than savings and investing is safe and surely. Investing is a wisely and investing money is much easier.

For me it is better to invest money. Because if we hold it or save it we will be tempt to spend it. But if our money is in the investment we will lesses the chance that we will withdraw it . But if you want, you may save a bit also. It will have a profit also as time goes by because bitcoin will be huge someday.

yes no doubt that it is very good to invest money in bitcoin. because the price of bitcoin is expected to increase too much and hope that the price is very soon going to become sky rocket very soon.

It is the best time to invest in bitcoin because of the fluctuating price. And likely as predicted, the price will go strong and increase in the future. As opposed to saving in bank, which you will only earn interest p.a. but its nothing as compare to the amount you are going to profit if you are going to invest in bitcoin. Just invest amount that you can afford though, and not all your wealth so that chances of you withdrawing bitcoin is less because its much better to invest it long term.

ArnoldChippy

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Quote from: Kotone on June 24, 2017, 11:16:21 AM

Quote from: yellow1 on June 24, 2017, 08:51:29 AM

For me it is better to invest money than to save money because in investing is you can earn profit and make your money double. In investing is a good idea to invest your money because it will grow fast. In investing you have more opportunity and increase the value. Before you invest you will be wisely and it will better return. Investing is much better because of its profitable and value and it is use as the future of our family. Investing is better than savings and investing is safe and surely. Investing is a wisely and investing money is much easier.

For me it is better to invest money. Because if we hold it or save it we will be tempt to spend it. But if our money is in the investment we will lesses the chance that we will withdraw it . But if you want, you may save a bit also. It will have a profit also as time goes by because bitcoin will be huge someday.

yes no doubt that it is very good to invest money in bitcoin. because the price of bitcoin is expected to increase too much and hope that the price is very soon going to become sky rocket very soon.

merchantofzeny

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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.

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Quote from: wallstone on June 24, 2017, 10:47:24 AM

Well, I would rather invest it to gain much profit then I will save it. In addition, if you want to make some money try to invest it in any kind of investment sites. Investing is a best way to gain profit. However; some people choose to save because they want their bitcoin safe. Lastly, if you invest your money you would notice that you can earn much profit that saving it.

Agree. You can't rely only on saving your Bitcoins or money for the long term, since it won't be capable of expanding your capital as your funds will remain static. Therefore, it is best to combine both saving and investing to gain the possibility of making your money grow double or triple in the future.

I know that with saving, your funds would be much safer, but sometimes it is worth taking the risk when investing to help grow your capital. Investing in real estate, rare assets or commodities, and even bonds would help you establish a good financial life that may lead you to unfold riches.

Of course, you won't get rich quick but if you take the right steps of saving, investing, and never spend more than what you earn, then you'll be safe. There are many opportunities out there that will help expand your capital. Cryptocurrencies are one of them, but there are many other ways to do so too. Just sharing my thoughts. Grin

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