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Topic: Is it better to save money or invest it? - page 244. (Read 1181208 times)

newbie
Activity: 42
Merit: 0
Is it better to save money in bank or invest it online, in real estate or maybe gold?
It's better to invest your money than storing it where in its value don't increase. In my opinion, it's better to invest in real estate since its value grows faster than gold.
Hold still being a good decision everytme. investment is not easy as you said. It need a lot of skill and experience to get the right place to invest your money with low level of risk for yourself.

Yes, now it is very difficult to find a good project. Many scammers have learned to make projects very believable. This complicates the choice. But investing in real estate is a very good idea
hero member
Activity: 2282
Merit: 505
Is it better to save money in bank or invest it online, in real estate or maybe gold?
It's better to invest your money than storing it where in its value don't increase. In my opinion, it's better to invest in real estate since its value grows faster than gold.
Hold still being a good decision everytme. investment is not easy as you said. It need a lot of skill and experience to get the right place to invest your money with low level of risk for yourself.
sr. member
Activity: 357
Merit: 260
Is it better to save money in bank or invest it online, in real estate or maybe gold?

yes, I will save my money in my wallet because there is a big possibility to increase its value in bitcoin.
hero member
Activity: 2072
Merit: 503
Is it better to save money in bank or invest it online, in real estate or maybe gold?
It's better to invest your money than storing it where in its value don't increase. In my opinion, it's better to invest in real estate since its value grows faster than gold.
Maybe the investment will apply when you do not use the money you have. It might be better investing at the time, because investing will make the money you have increased, rather than just storing it. Well, but it depends on your circumstances, if you sometimes use it for your purposes, maybe saving it will be better.
sr. member
Activity: 336
Merit: 250
Is it better to save money in bank or invest it online, in real estate or maybe gold?
It's better to invest your money than storing it where in its value don't increase. In my opinion, it's better to invest in real estate since its value grows faster than gold.

Agreed investing in real estate is very promising as the price keeps on increasing in long term but the only issue is to invest in real estate you should also have good capital as the price is too high and won't be possible for normal investor to invest in it.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Is it better to save money in bank or invest it online, in real estate or maybe gold?
It's better to invest your money than storing it where in its value don't increase. In my opinion, it's better to invest in real estate since its value grows faster than gold.

I prefer real estate too since its also physical and I can observe it, which is absent in online investments. Most of the online ones turn out to be disguised ponzi schemes and MLM scams. Its better to inquire about the site and company you invest in before doing so. If you dont get enough information its better not to invest in it. Again many professional fraudsters do make very real-life descriptions while they are actually fake - so its difficult to judge.
full member
Activity: 229
Merit: 108
Is it better to save money in bank or invest it online, in real estate or maybe gold?
It's better to invest your money than storing it where in its value don't increase. In my opinion, it's better to invest in real estate since its value grows faster than gold.
hero member
Activity: 1008
Merit: 501
I dont think that there is more  even better on both of them,cause for me they are both better. I choose both them to have balance. How can you profit if your only saving, how can you save if your always investing. Its not balance ,thats why we need both of them.
true to the balance you have to use both. you could not only balance when choosing investments. for it chose the two is a good idea. growing and then you save

hero member
Activity: 490
Merit: 500
If the money you have is not in use for a need, you better save it in the bank. for if you invest through online when you want to exchange it back you should see what prices are rising or are declining.
Bank is the safest play to store your money, also it will gain a little interest while you have a very comfortable feeling. I want to save but
I do not just want to save all my life, I will also invest because it is the only chance I can grow my money faster and my dream to become rich
will be realize.
to me i save some of my money in online wallet while invest the rest of the money but currently i am not going to invest my money anywhere, i just have to wait for some more time as the price of bitcoin is increasing contimously.
newbie
Activity: 36
Merit: 0
In life many things are unpredictable, for example there is a need for a spur of the moment because we are sick so we have to be thoughtful to divide money, advice I was 50% for saving and 50% for investment.
50% is a lot for investing. because in most cases specially in crypto. the chance of getting lost is very high. so I would prefer using 10% to 25% of my earning to invest back in crypto.

It depends. If you buy the good coins. You will lose very little.

All cryptocurrency is a very risky investment. Therefore, you can invest in it only that capital, which is not terrible to lose. This is the second rule of investing
newbie
Activity: 32
Merit: 0
In life many things are unpredictable, for example there is a need for a spur of the moment because we are sick so we have to be thoughtful to divide money, advice I was 50% for saving and 50% for investment.
50% is a lot for investing. because in most cases specially in crypto. the chance of getting lost is very high. so I would prefer using 10% to 25% of my earning to invest back in crypto.

It depends. If you buy the good coins. You will lose very little.
hero member
Activity: 1134
Merit: 515
In life many things are unpredictable, for example there is a need for a spur of the moment because we are sick so we have to be thoughtful to divide money, advice I was 50% for saving and 50% for investment.
50% is a lot for investing. because in most cases specially in crypto. the chance of getting lost is very high. so I would prefer using 10% to 25% of my earning to invest back in crypto.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
If the money you have is not in use for a need, you better save it in the bank. for if you invest through online when you want to exchange it back you should see what prices are rising or are declining.
Bank is the safest play to store your money, also it will gain a little interest while you have a very comfortable feeling. I want to save but
I do not just want to save all my life, I will also invest because it is the only chance I can grow my money faster and my dream to become rich
will be realize.

Well investing value are greater compare when you save your at bank.
Let say if you invest on gold and sell on the next year , the value will greater than current value
compare with bank's interest that only able to made small profit although it's has past 1 year

Yah. banks are not meant for investing in the first place if you don't have a million. we can say for now that banks are somewhat necessary in our

lives, you might not he able to expect a big profit but it is the safest way or storing our money, almost all online payment system is connected to them

and the most important one it can help you in your financial problem. If you wanna try investing pick a different choice.

Of course banks are for keeping your money in a place to store money for safe withdrawal in future whenever you want. There are not for people to earn money in case of an investment through interest - interest is just to attract people to deposit there and not a source of earning. We should try to focus on investing in proper places and not try to deposit all in banks because thats a loss except in urgency when you will need to draw money.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
This is good for your own security. And we are in bitcoin the more you are going to save the better. Also you are considered investing if you are just saving. But in fiat money both things will be a need, because if you will just save money without other source of income or trying to invest it. Your money will be used only by the bank.

Yeah. Since fiat money is controlled by governments and banks, they're prone to manipulation in its supply, causing inflation over the long term, making lose its value over time. That is why, it is always best to save and invest your fiat money, to help protect against these situations, and at the same time, grow your wealth.

In contrast, with Bitcoin you can rest assured to hold onto it for the long term, as it tends to increase in value over time, due to its scarcity and deflationary model. You can save your Bitcoin for the long term, and even earn better rates than saving your fiat money on a bank savings account.

It's all about combining both saving and investing, to stimulate the economy and help you become financially free in the future. Just sharing my thoughts.  Grin
hero member
Activity: 1316
Merit: 502
Banks are devils in the world of trade. Banks are secure mentally but not physically. Besides that banks will to give you much returns for saving your money at their facility. They will hardly pay you 7-10% of interest that too yearly! Which is not worth for your hard earned money. They use your money for leasing loans, on top of that they apply lots of surcharges for you to use their services.

On the other hand, bitcoin works just opposite of what I depicted above. Bitcoin world is heaven to us, bitcoin don't want anything from us. It gives you 10% + profit every alternate day if you save it on your wallet. This is simply due to its decentralised work which makes it more comfortable for us to use it. Bitcoin fees are really really tiny for heavy transactions. So if you have all positive things about bitcoin then of course my first choice is bitcoin only. Smiley
You don't put your money in bank to invest, you put your money to save because they offer great security and your money is secured. There are a lot of ways to grow your money but businessmen who are earing deposit their money to the bank at the end of the day, that means they trust the bank to safe keep their money and not to grow their money.

Most of the businessmen I know does not put their money on the banks. They put their money on investments to earn more money and that is the reason why they are called "Businessmen". They believe that they will only acquire loss if they put their money in the banks because aside from very little interest, it is taxable and subjected for inflation.
Right, businessmen never put too much money into banks, putting money into banks just made their money freeze. They are always looking for investment opportunities that can make their money make more money, they always know how to create passive income, put money in the bank does not give them more profit, it only ensures the safety of their money. Saving money can not help us get rich but investing can help us become rich, however I also do not say businessmen do not save, they also save but save their way, their savings are also the main investment
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
If the money you have is not in use for a need, you better save it in the bank. for if you invest through online when you want to exchange it back you should see what prices are rising or are declining.
Bank is the safest play to store your money, also it will gain a little interest while you have a very comfortable feeling. I want to save but
I do not just want to save all my life, I will also invest because it is the only chance I can grow my money faster and my dream to become rich
will be realize.

Well investing value are greater compare when you save your at bank.
Let say if you invest on gold and sell on the next year , the value will greater than current value
compare with bank's interest that only able to made small profit although it's has past 1 year

Yah. banks are not meant for investing in the first place if you don't have a million. we can say for now that banks are somewhat necessary in our

lives, you might not he able to expect a big profit but it is the safest way or storing our money, almost all online payment system is connected to them

and the most important one it can help you in your financial problem. If you wanna try investing pick a different choice.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
In life many things are unpredictable, for example there is a need for a spur of the moment because we are sick so we have to be thoughtful to divide money, advice I was 50% for saving and 50% for investment.

That's right, you need to think in advance about unforeseen situations when money may be urgently needed.

For unknown reasons and unseen cases we must save money as well as keep up investing the money. I think 50% savings is a bit too much. I suggest 10-15% savings at most of total monthly income. We have to divide the total monthly income based on our own needs so its better to experiment and list out the basic needs first and then divide the money in that manner. You never know when you might want to invest some extra cash in case bitcoin prices are rising and you want to make some profits you can draw money from the savings.
legendary
Activity: 2030
Merit: 1028
If the money you have is not in use for a need, you better save it in the bank. for if you invest through online when you want to exchange it back you should see what prices are rising or are declining.
Bank is the safest play to store your money, also it will gain a little interest while you have a very comfortable feeling. I want to save but
I do not just want to save all my life, I will also invest because it is the only chance I can grow my money faster and my dream to become rich
will be realize.

Well investing value are greater compare when you save your at bank.
Let say if you invest on gold and sell on the next year , the value will greater than current value
compare with bank's interest that only able to made small profit although it's has past 1 year
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
If the money you have is not in use for a need, you better save it in the bank. for if you invest through online when you want to exchange it back you should see what prices are rising or are declining.
Bank is the safest play to store your money, also it will gain a little interest while you have a very comfortable feeling. I want to save but
I do not just want to save all my life, I will also invest because it is the only chance I can grow my money faster and my dream to become rich
will be realize.
sr. member
Activity: 284
Merit: 250
In life many things are unpredictable, for example there is a need for a spur of the moment because we are sick so we have to be thoughtful to divide money, advice I was 50% for saving and 50% for investment.

That's right, you need to think in advance about unforeseen situations when money may be urgently needed.
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