Is it better to save money or invest it? - page 333.

freedomgo

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Quote from: Financial_Genius on October 27, 2016, 03:47:41 PM

If the available amounts allow you to buy property and other assets, it is better to distribute your investment portfolio in different directions. You can successfully combine the money deposited in real estate, safekeeping of securities and precious metals, storage in the retirement savings programs, Bank account or cell:

Having a lot of investments is going to make you stable for your living. And upon having those type of investments still you need to save as you get profit already. That's why in my opinion, it is better to do both at the same time. You can't even have an investment instantly if you will not save some money on your pocket and vice versa.

That's the wisest thing to do as a person, we need to learn how to save and invest and if possible we can do it at the same time then we take chances.. Saving is just a matter of managing your own money and no risk involve under the situation but when investing it is a different level, you need to be a little wiser that time.

Financial_Genius

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If the available amounts allow you to buy property and other assets, it is better to distribute your investment portfolio in different directions. You can successfully combine the money deposited in real estate, safekeeping of securities and precious metals, storage in the retirement savings programs, Bank account or cell:

20kevin20

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Quote from: ekoice on October 27, 2016, 03:14:31 PM

Its always better to invest money instead of saving. In saving, your money remains idle and doesnot grow. But when you invest your money, it grows and yields you profit.Investing in gold is an old method. Nowadays, people invest in crypto currencies especially Bitcoins to gain more profits.

You cannot rely on investments. You have to get a steady income to have a steady life. Saving is better in my opinion because you'll save money that you might need sooner or later, you never know it.

BitHodler

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Quote from: ekoice on October 27, 2016, 03:14:31 PM

Its always better to invest money instead of saving. In saving, your money remains idle and doesnot grow. But when you invest your money, it grows and yields you profit.Investing in gold is an old method. Nowadays, people invest in crypto currencies especially Bitcoins to gain more profits.

Things aren't so easy as you describe them to be. If you invest in Bitcoin there is a difference, and if you invest in altcoins there is a difference.

Altcoins are purely an industry that is driven by pumps and dumps where people hop from coin to coin in order to find the lucky jackpot. All with all, it's basically gambling that these people do.

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Its always better to invest money instead of saving. In saving, your money remains idle and doesnot grow. But when you invest your money, it grows and yields you profit.Investing in gold is an old method. Nowadays, people invest in crypto currencies especially Bitcoins to gain more profits.

stomachgrowls

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Quote from: Hilat on October 26, 2016, 09:19:26 AM

It all depends about the time you know saving money is always a good idea for later and i cant tell you why but i know for sure that you have to invest and save at the same time because that is win win situation.

I agree with this. You guys needed to save and invest at the same time because saving money will eventually be gone 'coz of your needs and wants. Without investing it like making some business for it to grow.

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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?

Matter of opinion how much to do. I would try to save at least some of it, so you'll always have that to fall back on.

If you have the opportunity to do both the better, your savings will take care of your future needs while your investment will give your a comfortable life. Think of that possible good outcome so you will be inspired to do what is important.

Yeah maybe you're right, save and invest money both excellent. I think there is no harm in doing both. We save money for our savings and investment to benefit the better. Maybe if they do will make a good financial management.

yeah saving would be your contingency in case something goes wrong with your investments. i think it would be a bit foolish to invest all of your money with you leaving a couple for savings. once you take a risk you should have a plan b because not all the time you'll get good results from those risks that you take and investing is taking risks

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Quote from: Zooplus on October 27, 2016, 06:50:50 AM

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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?

Matter of opinion how much to do. I would try to save at least some of it, so you'll always have that to fall back on.

If you have the opportunity to do both the better, your savings will take care of your future needs while your investment will give your a comfortable life. Think of that possible good outcome so you will be inspired to do what is important.

Yeah maybe you're right, save and invest money both excellent. I think there is no harm in doing both. We save money for our savings and investment to benefit the better. Maybe if they do will make a good financial management.

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Quote from: Zooplus on October 27, 2016, 06:50:50 AM

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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?

Matter of opinion how much to do. I would try to save at least some of it, so you'll always have that to fall back on.

If you have the opportunity to do both the better, your savings will take care of your future needs while your investment will give your a comfortable life. Think of that possible good outcome so you will be inspired to do what is important.

correctly, the investment should be correct and profitable. After all, when the money is kept constant, they do not give a profit.

rockstar338

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If you can do both the better, having a savings and investment at the same time will give you an assurance that your life will not stop even if you investment will not succeed because in the first place you are just investing the money that you can afford to lose, so basically your savings should be bigger than your investment.

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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?

Matter of opinion how much to do. I would try to save at least some of it, so you'll always have that to fall back on.

If you have the opportunity to do both the better, your savings will take care of your future needs while your investment will give your a comfortable life. Think of that possible good outcome so you will be inspired to do what is important.

xSkylarx

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Doing both is the best. Saving money for the future and investing to earn more and also save more. Investing all is not a good thing to do because you might have nothing to spend when emergency happens. Saving all your money is not good also because you won't have nothing to earn when you stop working or retire.

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Quote from: sunsilk on October 26, 2016, 11:05:58 PM

Quote from: WEBcreator on October 26, 2016, 11:11:18 AM

Quote from: Greenenergy on October 26, 2016, 09:55:44 AM

It depends on how long you can wait, and if the bitcoins you are saving were bought using fiat money. If they were and you can wait a decade, just do it.

You dont actually need t wait for decade and actually if you have bought few months ago then probably you could be selling some now as the price for that is quite good currently and although it is not much you will still end up in profit which is great and one way or another you are making money

Yeah you don't to wait a decade just to get some profit out of it, as long as you have a goal that you wanted to earn some profit by waiting for the increase then you will still get profit.

Just like now if you think that the price now is going to get you satisfied then you can just sell your bitcoins right away.

But I would suggest that you can still save and keep on waiting for higher price, just be patient.

There's time for you and for everything to make profit on your investment but it is always necessary to make a target of your income as that is your plan towards your journey of making money. Every businessman or investor should have a business plan in order to work his way base on the plan.

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Quote from: WEBcreator on October 26, 2016, 11:11:18 AM

Quote from: Greenenergy on October 26, 2016, 09:55:44 AM

It depends on how long you can wait, and if the bitcoins you are saving were bought using fiat money. If they were and you can wait a decade, just do it.

You dont actually need t wait for decade and actually if you have bought few months ago then probably you could be selling some now as the price for that is quite good currently and although it is not much you will still end up in profit which is great and one way or another you are making money

Yeah you don't to wait a decade just to get some profit out of it, as long as you have a goal that you wanted to earn some profit by waiting for the increase then you will still get profit.

Just like now if you think that the price now is going to get you satisfied then you can just sell your bitcoins right away.

But I would suggest that you can still save and keep on waiting for higher price, just be patient.

WEBcreator

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Quote from: Greenenergy on October 26, 2016, 09:55:44 AM

It depends on how long you can wait, and if the bitcoins you are saving were bought using fiat money. If they were and you can wait a decade, just do it.

You dont actually need t wait for decade and actually if you have bought few months ago then probably you could be selling some now as the price for that is quite good currently and although it is not much you will still end up in profit which is great and one way or another you are making money

Greenenergy

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It depends on how long you can wait, and if the bitcoins you are saving were bought using fiat money. If they were and you can wait a decade, just do it.

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Quote from: mrkevio on October 26, 2016, 06:27:57 AM

In my opinion it's better to do a bit of both, and split your earnings in there equal sums: one for daily spendings, one for investments and one for savings. You need the daily spendings sum because you have to buy stuff like food and hygiene, you need investments for some extra profit and you need savings because you never know when you have to spend a lot of money and that comes into help.

You are right, we should do both. But if our income does not allow us to do savings and investing at the same time, prioritize savings. If you saved enough, use the money to start an investment and restart savings again. Repeat this until you are satisfied with the money you have and coming in.

Hilat

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It all depends about the time you know saving money is always a good idea for later and i cant tell you why but i know for sure that you have to invest and save at the same time because that is win win situation.

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Investing money is the better option than just saving and collecting the money because if you want to grow money then investement is must.
Without investement just by saving money,for that time that money would be waste because if we invest them we could utilise that time and can earn even more.

Nope it is not a better option if you are investing your money you're just wasting it because there are no assurance that you can really make money in investment if you are in short of trading yes you can really make it but in long term i don't think soo no one can really make that thing.

Investment is not limited only to trading and online world there are many good investments in real world too which can give you good returns in long run.

For me investment is not good and yes investment is not limited not like trading investment can really turned into scammed and scam many people if there invested to it trading is one of the best incomve source online if you know how trade then you can really make your money return more bigger

Well, if that is your understanding then I would have to respect you, I guess you are the only person I saw in this forum who are calling that investment is not good, maybe for your experience it is not but in overall, investment is the only way to grow our money fast.

Respect for what ? in my decision well investment is not really good when you want to keep your money ilive and in your hand some of investment are not good in promising and then if you are going to invest your money just to have profit then i don't think that your money will be back on you.

d@nte

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If you have knowledge of the market, and arises a great opportunity, I believe that investing would be the right thing to do. But it is not advisable to invest all your capital into it, because having savings is also very important.

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