Is it better to save money or invest it? - page 231.

White Christmas

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Quote from: randy8777 on March 26, 2015, 11:29:46 AM

if some one has little to no experience with investing they are better off contacting some who knows exactly how everything works.
investing is risky which means if you invest it in the wrong industry or wrong in a wrong way you might end up with a huge loss.

Exactly, you should be careful on where you going to invest your money so that you will not regret in the end. When you doesn't have experience in investing i think you should start from a small amount and when you know how it works this is the time to invest more.

anami57

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Investments give growth to the money we have, risky investments but make money we make to make money for us. Saving is also a good option, I'm less interested and a little saving and prefers to invest because I think better than saving.

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Quote from: gabmen on May 11, 2017, 05:32:37 AM

Quote from: bamboylee on May 10, 2017, 11:53:43 PM

Quote from: ?? on ??

The answer depends on your goals and your financial situation. Personally, I prefer taking my money and trying to make it grow by buying things I think will increase in value. I've recently invested all my money in real estate. To minimize risks, I hired a Realestate lawyer .

yes i agree with you. it really depends on your perspective in life. we should invest in assets that appraise its value like land/lots and jewelries. we also need to save money for emergency purposes.

well whether you're more into investments and growing your money I think it still is best that you have savings. it can be both and having well thought of investments and savings I think is a wiser way of handling money rather than just settling with one over the other

For a person who does not have much investment options nearby or due to the place they live in I think its better to save money and invest some in bitcoin every month. Currently bitcoin price is rising and its definitely going to rise even more before you can think more. Of course if one can manage savings and investments then its good for them - technically sometime one may have to compromise one for the other.

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Quote from: rickadone on May 11, 2017, 09:00:00 AM

Quote from: blackhawkeye1912 on May 09, 2017, 04:27:23 AM

Quote from: EvilPanda on March 26, 2015, 12:37:39 PM

Both. To invest you need to have some saved up and it's a bad idea to invest the money you're living on.
If you're really afraid of investing do yourself a favor and don't keep your savings in a bank. Buy a good safe or a piece of land that will work as both a store of value and an investment.

Moreover, if you want safe and sure profit, saving is the best thing you can do, if you are going save bitcoin not the money/cash itself which you are going to save it in the bank. Of course, was the best one to save it then hold it in a long term basis because of the volatility it has.

Yes, I agree the best option is to save your bitcoins that you have bought or collected through your earnings by various means.

It will be the best option as we can see that in a long term the BTC is going to be more establish and will have more power than the current it have. As the prices in the future will go higher and you can enjoy much more of it than you can now a day.

Looking now, the price is really high. The future of it is unpredictable but we hope that it continues to rise even more. A lot of people are correct with storing just bitcoins and wait till the price is so high. I think you could enjoy more, and a lot more.

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Quote from: blackhawkeye1912 on May 09, 2017, 04:27:23 AM

Quote from: EvilPanda on March 26, 2015, 12:37:39 PM

Both. To invest you need to have some saved up and it's a bad idea to invest the money you're living on.
If you're really afraid of investing do yourself a favor and don't keep your savings in a bank. Buy a good safe or a piece of land that will work as both a store of value and an investment.

Moreover, if you want safe and sure profit, saving is the best thing you can do, if you are going save bitcoin not the money/cash itself which you are going to save it in the bank. Of course, was the best one to save it then hold it in a long term basis because of the volatility it has.

Yes, I agree the best option is to save your bitcoins that you have bought or collected through your earnings by various means.

It will be the best option as we can see that in a long term the BTC is going to be more establish and will have more power than the current it have. As the prices in the future will go higher and you can enjoy much more of it than you can now a day.

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Quote from: bamboylee on May 10, 2017, 11:53:43 PM

Quote from: ?? on ??

The answer depends on your goals and your financial situation. Personally, I prefer taking my money and trying to make it grow by buying things I think will increase in value. I've recently invested all my money in real estate. To minimize risks, I hired a Realestate lawyer .

yes i agree with you. it really depends on your perspective in life. we should invest in assets that appraise its value like land/lots and jewelries. we also need to save money for emergency purposes.

well whether you're more into investments and growing your money I think it still is best that you have savings. it can be both and having well thought of investments and savings I think is a wiser way of handling money rather than just settling with one over the other

bamboylee

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Quote from: ?? on ??

The answer depends on your goals and your financial situation. Personally, I prefer taking my money and trying to make it grow by buying things I think will increase in value. I've recently invested all my money in real estate. To minimize risks, I hired a Realestate lawyer .

yes i agree with you. it really depends on your perspective in life. we should invest in assets that appraise its value like land/lots and jewelries. we also need to save money for emergency purposes.

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Quote from: jikurpa on May 10, 2017, 02:00:53 PM

Quote from: anami57 on May 10, 2017, 12:05:51 PM

Quote from: chineseprancing on May 10, 2017, 08:23:56 AM

For me it's better to invest money than to save. Saving money or bitcoin is a nice decision doing by the saver. But how your money or bitcoin grow if you cannot invest it to earn income. At least if you invest your money they had high possibility to double it.

Saving will only make your money die even without risk. Does not increase or even can be reduced. While price of necessities increase from year to year. Invest better, risk does exist but it makes your money work, even while you are sleeping.

Investing is an activity using funds we have to grow. While saving, just make our money idle. Course investment is much better and more useful than we save.

You do not have to compare savings and investing as they are both beneficial to us, we save in order to meet our future plans and it should include the plan to invest. I think what is more important is to raise a specific fund in order to start investing, believe me you cannot make a successful investment without savings first.

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Quote from: freedomgo on May 09, 2017, 11:55:50 PM

Quote from: batang_bitcoin on May 09, 2017, 09:57:19 PM

Quote from: hatshepsut93 on May 09, 2017, 09:50:28 PM

Nothing has stable value over long term - dollar and gold can decrease with time too, or rise. So, there's no "saving" without "investing". And when it comes to investing, it's better to diversify your portfolio. For example, you can keep most of your savings in Gold or Fiat (depending on your country), then smaller part in Bitcoin, and even smaller in some altcoins.

In short its the best thing if you are going to do both things. Because if you realize that you need to diversify your money for investing then you shpuld be aware too that you need to save.

You have to protect your savings no matter what, there is some proper allocation that is needed in order to be successful otherwise you are putting all your money at risk. Whatever you wish to invest, it should be a certain percentage coming from your savings because part of your savings is for emergencies and leisure if that is included in your budget which I believe necessary also.

And part of your savings is for backing your investment too. If a person that wishes to invest, just make sure that you can handle it for having a lot of savings or maybe you can have a decent savings that can support your investment, because it's not an easy thing to start your business or investment, you have the tendency to fall. Having savings will save you from that collapse.

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Quote from: anami57 on May 10, 2017, 12:05:51 PM

Quote from: chineseprancing on May 10, 2017, 08:23:56 AM

For me it's better to invest money than to save. Saving money or bitcoin is a nice decision doing by the saver. But how your money or bitcoin grow if you cannot invest it to earn income. At least if you invest your money they had high possibility to double it.

Saving will only make your money die even without risk. Does not increase or even can be reduced. While price of necessities increase from year to year. Invest better, risk does exist but it makes your money work, even while you are sleeping.

Investing is an activity using funds we have to grow. While saving, just make our money idle. Course investment is much better and more useful than we save.

anami57

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Quote from: chineseprancing on May 10, 2017, 08:23:56 AM

For me it's better to invest money than to save. Saving money or bitcoin is a nice decision doing by the saver. But how your money or bitcoin grow if you cannot invest it to earn income. At least if you invest your money they had high possibility to double it.

Saving will only make your money die even without risk. Does not increase or even can be reduced. While price of necessities increase from year to year. Invest better, risk does exist but it makes your money work, even while you are sleeping.

chineseprancing

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For me it's better to invest money than to save. Saving money or bitcoin is a nice decision doing by the saver. But how your money or bitcoin grow if you cannot invest it to earn income. At least if you invest your money they had high possibility to double it.

kpcian

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It's not just depends on a single criteria, there are a lot of factors to make a decision about investing or saving of your money.
If your bank may offer high rate of interest, then saving would be the best way for you. On the other hand, if you couldn't get like this then investment must be chosen.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Aikonio on May 09, 2017, 06:44:32 AM

Quote from: TheUltraElite on May 09, 2017, 06:41:01 AM

Quote from: blackhawkeye1912 on May 09, 2017, 04:27:23 AM

Quote from: EvilPanda on March 26, 2015, 12:37:39 PM

Both. To invest you need to have some saved up and it's a bad idea to invest the money you're living on.
If you're really afraid of investing do yourself a favor and don't keep your savings in a bank. Buy a good safe or a piece of land that will work as both a store of value and an investment.

Moreover, if you want safe and sure profit, saving is the best thing you can do, if you are going save bitcoin not the money/cash itself which you are going to save it in the bank. Of course, was the best one to save it then hold it in a long term basis because of the volatility it has.

To be safe and sound I think saving is the way to go but in this forum many people are not happy with their earnings and always want more and more - in other words its known as greed. Hence for them investing is a good way to earn extra money by different methods. But people should be careful about where they invest their money in and not do so in some MLM factory or HYIP.

Greed and lack of patience deprive them of the opportunity to properly manage their savings and very often drive to losses.

It is true and people run after illusions that they think are real and they fall for their greed. One should not start investing without the value of patience in them. Without patience and reasoning one can never hope to make proper money in this market. They will end up dumping cash into some fake ICO or some scam HYIP and then complain about it. Some even blame casinos to be scammers when it was actually their luck and their own choice to put money into gambling.

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Quote from: cryp24x on May 10, 2017, 02:11:15 AM

Quote from: LegendOF45 on May 10, 2017, 12:50:09 AM

Of course and no doubt again that I'll choose investments, nowadays many investment options that could generate a profit of up to 200% in 1 year only, whereas if we are saving money likely only get no more than 20% per year. And the best investment currently is cryptocurrency.

What if the investment do requires a sum that you do not have, obviously you will go to savings first. then when you saved enough you will use this savings to fund your investment. And when our investment is getting its Roi, we will save it to prepare for another investment. this two come hand in hand and will be able to help us to elevate our way of living. Why do we need to chose when we can have or do both.

When you learn how to save it will be easy for you to invest, we need to mature enough before entering the world
of investment because the real risk is there. Saving can be your first step and must succeed on it.

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Quote from: LegendOF45 on May 10, 2017, 12:50:09 AM

Of course and no doubt again that I'll choose investments, nowadays many investment options that could generate a profit of up to 200% in 1 year only, whereas if we are saving money likely only get no more than 20% per year. And the best investment currently is cryptocurrency.

What if the investment do requires a sum that you do not have, obviously you will go to savings first. then when you saved enough you will use this savings to fund your investment. And when our investment is getting its Roi, we will save it to prepare for another investment. this two come hand in hand and will be able to help us to elevate our way of living. Why do we need to chose when we can have or do both.

LegendOF45

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Of course and no doubt again that I'll choose investments, nowadays many investment options that could generate a profit of up to 200% in 1 year only, whereas if we are saving money likely only get no more than 20% per year. And the best investment currently is cryptocurrency.

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Quote from: freedomgo on May 09, 2017, 11:55:50 PM

Quote from: batang_bitcoin on May 09, 2017, 09:57:19 PM

Quote from: hatshepsut93 on May 09, 2017, 09:50:28 PM

Nothing has stable value over long term - dollar and gold can decrease with time too, or rise. So, there's no "saving" without "investing". And when it comes to investing, it's better to diversify your portfolio. For example, you can keep most of your savings in Gold or Fiat (depending on your country), then smaller part in Bitcoin, and even smaller in some altcoins.

In short its the best thing if you are going to do both things. Because if you realize that you need to diversify your money for investing then you shpuld be aware too that you need to save.

You have to protect your savings no matter what, there is some proper allocation that is needed in order to be successful otherwise you are putting all your money at risk. Whatever you wish to invest, it should be a certain percentage coming from your savings because part of your savings is for emergencies and leisure if that is included in your budget which I believe necessary also.

Of course, life in today's realities is very complicated and that's why money is always small, but without saving them, it will be even less.

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Quote from: batang_bitcoin on May 09, 2017, 09:57:19 PM

Quote from: hatshepsut93 on May 09, 2017, 09:50:28 PM

Nothing has stable value over long term - dollar and gold can decrease with time too, or rise. So, there's no "saving" without "investing". And when it comes to investing, it's better to diversify your portfolio. For example, you can keep most of your savings in Gold or Fiat (depending on your country), then smaller part in Bitcoin, and even smaller in some altcoins.

In short its the best thing if you are going to do both things. Because if you realize that you need to diversify your money for investing then you shpuld be aware too that you need to save.

You have to protect your savings no matter what, there is some proper allocation that is needed in order to be successful otherwise you are putting all your money at risk. Whatever you wish to invest, it should be a certain percentage coming from your savings because part of your savings is for emergencies and leisure if that is included in your budget which I believe necessary also.

batang_bitcoin

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Quote from: hatshepsut93 on May 09, 2017, 09:50:28 PM

Nothing has stable value over long term - dollar and gold can decrease with time too, or rise. So, there's no "saving" without "investing". And when it comes to investing, it's better to diversify your portfolio. For example, you can keep most of your savings in Gold or Fiat (depending on your country), then smaller part in Bitcoin, and even smaller in some altcoins.

In short its the best thing if you are going to do both things. Because if you realize that you need to diversify your money for investing then you shpuld be aware too that you need to save.

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