Is it better to save money or invest it? - page 267.

ethereumhunter

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Quote from: deppil on February 28, 2017, 08:10:23 PM

Quote from: PaymyBills on February 28, 2017, 07:54:03 AM

Saving is always good. Some money should be used for living, some for investments and at least 1/3 for saving.
Without savings, life is very very risky..

totally agree with you, without saving it all what you try such work and investment will be as useless because you did not save. then my advice do storage

we need to save our money from our payment so if our money is getting bigger then i think its the right time for us to make invest in many programs. don't make with big investment, for first start, maybe we can trying with small investment and see how long we can get the profit and after that, we can make invest into big amount.

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Investments typically has a return above the savings, increasingly on choose the best return. Despite the risks involved

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

(1)Is it better to save money in bank or (2) invest it online, in real estate or maybe gold?

(1) If you deposit your money in the bank, the bank will just use it for them to earn. Yes there may interest in your investment but it will took so long to make it double your investment.

(2) The best choice is to invest it in bitcoin. There are lots of opportunities that will come to you. Just be smart enough to grab those.

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Quote from: X-ray on February 28, 2017, 09:31:32 PM

Quote from: Lieldoryn on February 28, 2017, 12:11:13 PM

Investing is a risky business. Mostly we don't know all the information about the company you are going to invest and it turns out like casinos. Maybe you'll get lucky, maybe not. I think it's better to make a Deposit in a Bank and store money there.

Nope, You're a fool if try to invest your money without any knowledge about the project. because the legit project was offering something new in our community.
If it looks like a gamble still depend on the developer's performance.

Yes that is right, if you are investing into something and you didn't know what it is all about then you are a legit gambler because all you are doing is to choose and invest and you are not a good investor because good investors do research first and analyze the informations that he got and after that analyzing then he will make an conlcusion if he will pursue investing or not. Investing is not a very risky business because it enables us to grow our money even more.

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Quote from: deppil on February 28, 2017, 08:10:23 PM

Quote from: PaymyBills on February 28, 2017, 07:54:03 AM

Saving is always good. Some money should be used for living, some for investments and at least 1/3 for saving.
Without savings, life is very very risky..

totally agree with you, without saving it all what you try such work and investment will be as useless because you did not save. then my advice do storage

but without investment we can not guarantee a better life for the future and if you only save in the long run it will be exhausted if the percentage of 70% to investmen of 30% to save if there are things that are unexpected

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Quote from: Lieldoryn on February 28, 2017, 12:11:13 PM

Investing is a risky business. Mostly we don't know all the information about the company you are going to invest and it turns out like casinos. Maybe you'll get lucky, maybe not. I think it's better to make a Deposit in a Bank and store money there.

Nope, You're a fool if try to invest your money without any knowledge about the project. because the legit project was offering something new in our community.
If it looks like a gamble still depend on the developer's performance.

deppil

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Quote from: PaymyBills on February 28, 2017, 07:54:03 AM

Saving is always good. Some money should be used for living, some for investments and at least 1/3 for saving.
Without savings, life is very very risky..

totally agree with you, without saving it all what you try such work and investment will be as useless because you did not save. then my advice do storage

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Quote from: SHAWN-MIDWAYS on February 28, 2017, 02:53:31 PM

Quote from: PaymyBills on February 28, 2017, 07:54:03 AM

Saving is always good. Some money should be used for living, some for investments and at least 1/3 for saving.
Without savings, life is very very risky..

Failing to save money can be a result of bad habits of spending money and not thinking about tomorrow on how you will need to take care of your self or family. We need to develop that money conscious to survive and diversify our money into both investments and savings for easy access of funds.

I agree with you. In this case we can work with 3 wallets .
Wallet for bills.

Wallet for investment

And wallet for savings

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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 can considered them as both good , It is because saving money is not bad. While investing something into business is much profitable than saving money. Due to you can control the flow of market in the business and the capital is simply rolling and moving while in saving its just stock in the bank or box.

SHAWN-MIDWAYS

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Quote from: PaymyBills on February 28, 2017, 07:54:03 AM

Saving is always good. Some money should be used for living, some for investments and at least 1/3 for saving.
Without savings, life is very very risky..

Failing to save money can be a result of bad habits of spending money and not thinking about tomorrow on how you will need to take care of your self or family. We need to develop that money conscious to survive and diversify our money into both investments and savings for easy access of funds.

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Quote from: Carizza on February 25, 2017, 11:25:02 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?

While saving is good, it is still better to invest your money to something that will guaranteed your earnings, such as putting up your own business. It may take a lot of time and efforts but with patience and perseverance it will all be worth it. Just learn to manage your money wisely.

It is true, but the wise thing to do is be in the middle you know like split your balance between spending and saving, like sell bitcoin when the price is high but leave some for other times and rebuy when the prices are low, and honestly bitcoin is already an investment so saving it is already going to give you profit.

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Quote from: Lieldoryn on February 28, 2017, 12:11:13 PM

Investing is a risky business. Mostly we don't know all the information about the company you are going to invest and it turns out like casinos. Maybe you'll get lucky, maybe not. I think it's better to make a Deposit in a Bank and store money there.

I do agree that there aren't any interesting investment options in the crypto world, but that's not necessary when you have Bitcoin to invest in. I don't understand why people constantly look for ways (most of time times with extremely high risks) to invest in something. Holding Bitcoin is the safest form of investing in the crypto world. It doesn't mean you're guaranteed to make profit since it's up to you to open and close positions at the right price levels, but at least you know you won't get scammed.

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Quote from: crwth on February 23, 2017, 04:41:52 AM

Quote from: EdenHazard on February 23, 2017, 03:57:13 AM

Quote from: Holly-Dolly on February 23, 2017, 12:35:22 AM

It had been a time when it would be possible to maintain or preserve their money in banks. I was always of the opinion that if the money to indulge in, then you can earn a lot more than when they are simply stored. But the way to invest to choose pretty hard. This is due to a greater risk.

take a risk or nothing , invest your money to grow the money up or save them all to get stucked. that is my investment principle , and i think everybody have a similar principle as me when talking about doing busines and growing your money.

of course better to invest your money that is what a real businessman do .

That's the point, you didn't do something about it, nothing will happen. If you save money just to be kept, then you're not doing anything about it at all. Much better to save to invest, so in the future, you would have money. It's hard to be disciplined but it's probably worth it. That's the real deal.

considering there is a lot of people who too busy with their real life job , real life ctivity and don't want to risk on something like investment that required analysis etc which take a lot of times too ,i think to save it are a better option for this kind people .

so it is basically depends on your situation , but yes mostly will pick investment as a place to store your value.

Lieldoryn

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Investing is a risky business. Mostly we don't know all the information about the company you are going to invest and it turns out like casinos. Maybe you'll get lucky, maybe not. I think it's better to make a Deposit in a Bank and store money there.

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Saving money vs investing money

Saving money is the process putting it in safe this can include checking accounts or savings account to cover of all your personal expenses while in investing money is the process of using your money, or capital, to buy an asset that you think has a good probability of generating a safe and acceptable rate of return

You can earn interest by putting money in a savings account, but savings accounts generally earn a lower return than investments. Investments have the potential for higher return than a regular savings account. Note: Remember: the greater the risk of an investment, the higher potential return or loss of your money.

Right. In investing we can be sure of the return of our money will get higher. While in saving we are sure that we have the money, both were fine because in investing we might get scam so better be sure off in choosing investing company.

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Quote from: PaymyBills on February 28, 2017, 07:54:03 AM

Saving is always good. Some money should be used for living, some for investments and at least 1/3 for saving.
Without savings, life is very very risky..

If you have difficulty in making great money, it's better to save it specially if you are not sure on investments that you are about to try. When it comes to savings, I still prefer saving most that was left from my salary and only put out few for investments.

It's too risky to invest, and the return is not that sure if you are not familiar of the business that you are entering.

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Saving is always good. Some money should be used for living, some for investments and at least 1/3 for saving.
Without savings, life is very very risky..

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Quote from: Betwrong on February 27, 2017, 08:19:24 AM

Quote from: PaymyBills on February 26, 2017, 09:47:06 AM

It's better to invest than save. I think right now, the market is open for any investment available. Wait for bitcoin to stabilize it self on the current market and put your money in cryptocurrency. Saving is a dumb way to make money off of interest rate, banks will always make more.

Why should I care about how much banks will make as long as they give me my profit? Saving is safer and your profit, although not a big one, is guaranteed. Investing in a crypto other than Bitcoin is very risky IMO especially for someone who is new, meaning less than 2 years, in the business.

"Why should I care about how much they feed me as long as they are feeding me."

Take it like that. There's so much food and all those food came from your tree. Other people take all the fruits from your tree and it's totally fine to you because "why should I care about how much they feed me as long as they are feeding me.".

That's the same thing that's happening. They are making profits from your money. You could've made a lot of profits from it if you were the one that invested your money somewhere except the banks. Anyway, we have our own opinion. Maybe you just don't want to invest your money at all and you don't mind waiting for a year before you can get 1% or 5% profit of your money.

In bitcoins, you can get that amount of profit easily. You're saving your money in the bank, why not create a cold wallet, buy bitcoins and store it there? This will give you more profits if bitcoin continues to grow (which is very likely).

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Quote from: carlerha on February 27, 2017, 01:27:25 PM

Quote from: daringdiscovered on February 27, 2017, 10:19:25 AM

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Quote from: NEWGOODOUBLE on February 26, 2017, 07:09:19 PM

Quote from: PaymyBills on February 26, 2017, 09:47:06 AM

It's better to invest than save. I think right now, the market is open for any investment available. Wait for bitcoin to stabilize it self on the current market and put your money in cryptocurrency. Saving is a dumb way to make money off of interest rate, banks will always make more.

investing will give you the advantage. will be good also if you want to combine with the store as well. certainly it will give you a good impact. because you can save the profits that can be collected

It depends on what type of investment you are going to enter. Not all the time investing will give you an advantage, sometimes it will give you an headache if you don't know how to handle it. But I'm always neutral with this type of things. Both things are good to do, just keep on saving and later on you have something to invest.

Investing in something you don't know will just a waste of money, saving it is really much more better to do. Both can also be bad if its too much. Investing all your money will be a big risk if most of your investment will be not successful. Saving all your money is also bad because your money won't grow and can be easily spend when you retired. It is good to balance your money so whatever happens in the future you and your family will be secure.

but saving mean decreasing the value of your money. if you will invest your money in bitcoin or in alt coin then you will really increase the value of your investment. so i can say that investment is more better than saving.

Your word are non-sense, why saving our money will make its money will be decreasing? Saving and invest have a different definition. and i think you should be correcting it again.

investing our money with low-risk level is better than saving our money. but i will say no for the high risk investment.

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Quote from: Lecam on February 27, 2017, 09:30:32 PM

It is better to invest it because while it is in the investmest you will earn money and it will make grow. And when you needed it atleast it has already earnings

Investing is not easy as what you think, you only see the positive side where in fact failure can also happen, there's a reason why investments are called risky and that is because there is no guarantee that we will succeed and get what we expected. Saving has no risk at all and if you have enough savings that will be the time to take a portion to invest, at least when you lose you can afford to lose it.

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