Is it better to save money or invest it? - page 250.

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Quote from: g83 on April 12, 2017, 01:18:48 PM

Quote from: bitwarrior on March 26, 2015, 08:21:41 PM

Quote from: jerol31 on March 26, 2015, 08:25:04 AM

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

I say do both as well, save some of your money in the bank or some safe at home. Then invest the rest that you are wiling to risk or lose in the long run. Investing always entails risk while saving is not.

Yeah and we cannot rely on single one as both are important saving is safe and you will not loose any of your money but it will not grow your money either so if you are not a risk taker then better to save more and invest only that you can afford to loose.

both are very important, you can not leave them. for the division of allocation strategy you can see which one is more important or a priority, you might split 70% saving, and 30% of investment

mornabo

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Quote from: krisnt80 on April 12, 2017, 12:34:37 PM

My experience showed me we need both, this year i were saving my bitcoins from the last year and with those savings i had invested them into some good crypto that has been pumped this years, the results were good for me. Considering my experience we need both and split them 50% between is a good strategy, soo you can invest anytime you wanna.

it's a good strategy to split 50% to the investment and the rest you save. certainly it will give better results than you choose one method only

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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.

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There isnt really an answer for this question. There are pros and cons with saving and investing. it really depends on what you want to do with your money. Do you want to save it for a rainy day? well probably better to save it or invest in something low risk with a guaranteed lower return. do you want to make a lot of capital gains with your money? you should maybe try trading or investing it into something more volatile

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Quote from: TheGodFather on April 10, 2017, 11:19:11 PM

Quote from: jerol31 on March 26, 2015, 08:25:04 AM

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

Ill go with 50-50 . I'll save my 50% of my profit and invest my 50% of it as well. Thats actually the safest method that you can do if you wsnt to earn .. But its actually slow but it doesnt matter. As long as you are earning and saving as well.

although saving is also good but i think trading is more profitable than saving in trading one can make a good amount of money while in saving you can just save your own money.

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Quote from: bitwarrior on March 26, 2015, 08:21:41 PM

Quote from: jerol31 on March 26, 2015, 08:25:04 AM

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

I say do both as well, save some of your money in the bank or some safe at home. Then invest the rest that you are wiling to risk or lose in the long run. Investing always entails risk while saving is not.

Yeah and we cannot rely on single one as both are important saving is safe and you will not loose any of your money but it will not grow your money either so if you are not a risk taker then better to save more and invest only that you can afford to loose.

krisnt80

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My experience showed me we need both, this year i were saving my bitcoins from the last year and with those savings i had invested them into some good crypto that has been pumped this years, the results were good for me. Considering my experience we need both and split them 50% between is a good strategy, soo you can invest anytime you wanna.

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Quote from: roadbits on April 12, 2017, 11:00:53 AM

Quote from: Pangia on April 12, 2017, 04:49:21 AM

Quote from: rhamzter on April 12, 2017, 02:42:21 AM

Saving money is a good investment in bank situation but, in the BTC you cannot earn money if you cannot invest. that's why much better to invest it.

So you mean to say that saving money in banks will give you better returns in future in compare to saving money in bitcoins? You should know that banks will give you only limited interest annually on the money that you have saved but in bitcoins you can earn highest returns depending on the price of bitcoins.

Saving money in banks is 100% safe and here no loss if you keep your money in govt banks. The returns are less I agree, but we don't need to take any tension if you keep your money banks. If you put your money in Bitcoin present situation you will make a good profit, but no one knows what is the future of Bitcoin it may give you double profit or you may have a chance to lose your capital.

Exactly we cannot be sure that bitcoin will give only positive results in future as price can even go lower or bitcoin may simply disappear and if that happens then we will be loosing all our money invested in it so its better not to save all money in bitcoins.

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Quote from: Pangia on April 12, 2017, 04:49:21 AM

Quote from: rhamzter on April 12, 2017, 02:42:21 AM

Saving money is a good investment in bank situation but, in the BTC you cannot earn money if you cannot invest. that's why much better to invest it.

So you mean to say that saving money in banks will give you better returns in future in compare to saving money in bitcoins? You should know that banks will give you only limited interest annually on the money that you have saved but in bitcoins you can earn highest returns depending on the price of bitcoins.

Saving money in banks is 100% safe and here no loss if you keep your money in govt banks. The returns are less I agree, but we don't need to take any tension if you keep your money banks. If you put your money in Bitcoin present situation you will make a good profit, but no one knows what is the future of Bitcoin it may give you double profit or you may have a chance to lose your capital.

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Well it depends, in my own point of view. If you are a typical type of guy who's up for a risk and enough of capital you more go often for investment rather than savings but if you are an average type of guy who's in a middle class type of living you might possibly preffered savings even a small amount of interest (bank) rather than taking a risk of investing it.

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Quote from: rhamzter on April 12, 2017, 02:42:21 AM

Saving money is a good investment in bank situation but, in the BTC you cannot earn money if you cannot invest. that's why much better to invest it.

So you mean to say that saving money in banks will give you better returns in future in compare to saving money in bitcoins? You should know that banks will give you only limited interest annually on the money that you have saved but in bitcoins you can earn highest returns depending on the price of bitcoins.

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Quote from: rhamzter on April 12, 2017, 02:42:21 AM

Saving money is a good investment in bank situation but, in the BTC you cannot earn money if you cannot invest. that's why much better to invest it.

I disagree. You can earn money though you didn't invest since there are jobs that hire for service in which they need the skills, talents, and knowledge of someone which they are looking for.

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Saving money is a good investment in bank situation but, in the BTC you cannot earn money if you cannot invest. that's why much better to invest it.

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Quote from: Pattart on April 11, 2017, 08:29:54 PM

Quote from: neonshium on April 11, 2017, 01:23:39 PM

well. the question is depend on the time and the situation. in some situation. saving is indeed a good option but in some case you must consider investing also. because some time investmet could you you life time happiness and if you don't invest you may regret whole life because of that.

I think whenever the store will always be needed. because the store is a necessity if you want a fortune. save that need to collect all bitcoin you get.

Taking risks are probably one of the best and the worst things that can happen in life. No matter what you do with the situation, it's still awesome to do some risks because you will never know what can come out of it. It's better to invest in something that is sure also or you've done research about the investment.

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Quote from: neonshium on April 11, 2017, 01:23:39 PM

well. the question is depend on the time and the situation. in some situation. saving is indeed a good option but in some case you must consider investing also. because some time investmet could you you life time happiness and if you don't invest you may regret whole life because of that.

I think whenever the store will always be needed. because the store is a necessity if you want a fortune. save that need to collect all bitcoin you get.

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I would invest the money instead of trading it depending on the situation. Bitcoin trading is a fast money thing and the money to risk ratio isn't that worth it compared to investing in something that will go up in value and is above 95% guaranteed to go up in value over time.
Something like investing in a safe haven investment is good to do while investing in stocks and trading with small amounts would be a wise decision.

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Quote from: tiptopfund on April 11, 2017, 02:22:35 AM

Quote from: stripykitteh on April 10, 2017, 08:38:13 PM

Some people say that putting all the eggs within a single basket is wrong. I disagree with that statement only because it depends on what the basket or investment is.
There could be a investment that keeps going up 500% each day, investing little by little is going to be tough because there would be more stress involved instead of just going all in and let the investment ride. It all depends on the investment.

something that can go up 500% a day can go 1000% down in another day

considering the human nature that never feel satisfied on whatever you have achieved. saving wouldn't reach anyone goal to feel satisfy , keep growing your money even when you just store it somewhere and it's called investment. about something can go op 500% and down to the death it's normal to take a risk , you just need to adjust the risk level . and everything should be fine.

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Quote from: tiptopfund on April 11, 2017, 02:22:35 AM

something that can go up 500% a day can go 1000% down in another day

That's unlikely (mildly speaking)

Indeed, there is virtually no limit to the upper side (though even trees don't grow to the sky), but you obviously cannot go lower than 0. So even in the worst case scenario, you can go down only 100%, which would be exactly that, i.e. hitting 0. Did you finish school? Just kidding, percentages are an intricate and complicated thing, and can go up an infinite percentage but you can go down only no more than 100% from there

neonshium

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well. the question is depend on the time and the situation. in some situation. saving is indeed a good option but in some case you must consider investing also. because some time investmet could you you life time happiness and if you don't invest you may regret whole life because of that.

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Quote from: cellard on April 05, 2017, 07:45:28 PM

Its never good to save money unless you are looking forward to invest that money on other things. Everything that isnt invested is waste, life is all about making some money and investing it to make even more money.

Agree. You need to both save and invest to help establish your financial future. If you only save your money, it will remain static without potential for growth. However, if you invest it into something that would give you nice returns over the long term (like real estate) then your money would grow, paving the way towards your financial success.

By combining both methods, as well as making the right decisions over your investment, your success would be guaranteed for years to come. Also, it is nice to donate some of your spare money to a charity, as well as to building your retirement fund for the future.

If you take the right path by spending less than what you earn, then you would gain control of your financial life. Always seek advice from a financial expert, and make your own research about a specific project or company that you would invest into, to stay safe and minimize the risks. Just my opinion.

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