Is it better to save money or invest it? - page 339.

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Quote from: marcuslong on October 20, 2016, 03:14:24 AM

Quote from: JumperX on October 12, 2016, 09:39:13 AM

Quote from: marcuslong on October 12, 2016, 09:37:26 AM

Quote from: btcking101 on September 14, 2016, 09:35:43 AM

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.

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Quote from: JumperX on October 12, 2016, 09:39:13 AM

Quote from: marcuslong on October 12, 2016, 09:37:26 AM

Quote from: btcking101 on September 14, 2016, 09:35:43 AM

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

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Quote from: jossiel on October 20, 2016, 02:35:41 AM

Quote from: Legendaris on October 19, 2016, 08:37:09 PM

Saving currently isn't really interesting as a normal savings account gets you about 4% interest per year. if you have money that you'll not spend the comming years it can be set at 6-8% each year but the downside is that you can't acces your money for 5 years. Are you be patient with it?

For me, I don't care even your savings is just going to earn 4% per year because that is just going to be sleeping in my bank account.

And since we are in bitcoin it is a good thing that I will going to save my bitcoins because I believe that I will earn good in future.

So investing and saving for me is just the same.

4% per year as interest of your savings is only good when you are having a millions of deposit, but with a small amount of money it would not take you anywhere and no progress on that, just be active here to grow your money as you can do it by trading and in short term investment.

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Quote from: Legendaris on October 19, 2016, 08:37:09 PM

Saving currently isn't really interesting as a normal savings account gets you about 4% interest per year. if you have money that you'll not spend the comming years it can be set at 6-8% each year but the downside is that you can't acces your money for 5 years. Are you be patient with it?

For me, I don't care even your savings is just going to earn 4% per year because that is just going to be sleeping in my bank account.

And since we are in bitcoin it is a good thing that I will going to save my bitcoins because I believe that I will earn good in future.

So investing and saving for me is just the same.

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Quote from: Maslate on October 19, 2016, 10:45:36 PM

The good thing now is that information are free and easy to access, thanks to internet we can search what we want, and it will only depend on a certain person if he will take an effort to search for a better investment opportunity that fits his interest and will study it to be successful.

Yes free and there are people who are willing to help us. Actually even talking with a person that able to get success in that specific investment is enough even we don't have to research fully on the net. Most of the business owners in the real world talks with those who already have an experience.

But more importantly, those suggestions, ideas and all things that we may find on our research is useless if in the actual situation we are not able to keep those things up. So put some seriousness when a person will deals on an investment.

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Quote from: Caladonian on October 19, 2016, 10:43:11 PM

Quote from: Doms on October 19, 2016, 10:37:24 PM

Quote from: Legendaris on October 19, 2016, 08:37:09 PM

Saving currently isn't really interesting as a normal savings account gets you about 4% interest per year. if you have money that you'll not spend the comming years it can be set at 6-8% each year but the downside is that you can't acces your money for 5 years. Are you be patient with it?

You'd be lucky to find a bank that gives that much interest on your savings. Back here in my country, savings accounts can only earn less than 1% annually. There are other bank related investments that offer bigger interests like time deposits, UITFs and bonds, but carries with them some kind of risk.

so its better for us to llok for more investment instead of allowing the bank to play for our money, internet can help us finding the better ways to invest all we have to do is to research and make ourself aware on any aspect from whatever investment we will going to enter.

The good thing now is that information are free and easy to access, thanks to internet we can search what we want, and it will only depend on a certain person if he will take an effort to search for a better investment opportunity that fits his interest and will study it to be successful.

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Quote from: Doms on October 19, 2016, 10:37:24 PM

Quote from: Legendaris on October 19, 2016, 08:37:09 PM

Saving currently isn't really interesting as a normal savings account gets you about 4% interest per year. if you have money that you'll not spend the comming years it can be set at 6-8% each year but the downside is that you can't acces your money for 5 years. Are you be patient with it?

You'd be lucky to find a bank that gives that much interest on your savings. Back here in my country, savings accounts can only earn less than 1% annually. There are other bank related investments that offer bigger interests like time deposits, UITFs and bonds, but carries with them some kind of risk.

so its better for us to llok for more investment instead of allowing the bank to play for our money, internet can help us finding the better ways to invest all we have to do is to research and make ourself aware on any aspect from whatever investment we will going to enter.

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Quote from: Legendaris on October 19, 2016, 08:37:09 PM

Saving currently isn't really interesting as a normal savings account gets you about 4% interest per year. if you have money that you'll not spend the comming years it can be set at 6-8% each year but the downside is that you can't acces your money for 5 years. Are you be patient with it?

You'd be lucky to find a bank that gives that much interest on your savings. Back here in my country, savings accounts can only earn less than 1% annually. There are other bank related investments that offer bigger interests like time deposits, UITFs and bonds, but carries with them some kind of risk.

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Quote from: BeGoods on October 19, 2016, 09:55:52 PM

Quote from: 1Referee on October 18, 2016, 05:40:36 AM

Quote from: Aceanyth on October 18, 2016, 04:22:08 AM

You can better investin your money than saving it right now because i think that the bitcoins can last for ever and when you invest you will make the most off course.

It's important to not only focus on the investment aspect. If you invest all your money, and the investment turns out to be a very bad choice, then you'll hate yourself for not having savings aside. That's why you must have enough savings to get you through a certain period of time in case things go wrong.

would not be a good result if you just focus on investment only and not to think about saving money. how are you going to store the results of your investment if you do not have good investment management?
so it would be better if you focus on saving or focus balance on both

Well you have a point. It was a self preference whether you will invest it or just save it. But for me, investing is much better because it will generate more profit like investing in banks, it will just give you 5-10% profit from your capital annually. Not like in investing, you can make like 15-25% of your capital per month.

But when security is being put into place. Saving is more secure rather than investing.

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Quote from: 1Referee on October 18, 2016, 05:40:36 AM

Quote from: Aceanyth on October 18, 2016, 04:22:08 AM

You can better investin your money than saving it right now because i think that the bitcoins can last for ever and when you invest you will make the most off course.

It's important to not only focus on the investment aspect. If you invest all your money, and the investment turns out to be a very bad choice, then you'll hate yourself for not having savings aside. That's why you must have enough savings to get you through a certain period of time in case things go wrong.

would not be a good result if you just focus on investment only and not to think about saving money. how are you going to store the results of your investment if you do not have good investment management?
so it would be better if you focus on saving or focus balance on both

Legendaris

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Saving currently isn't really interesting as a normal savings account gets you about 4% interest per year. if you have money that you'll not spend the comming years it can be set at 6-8% each year but the downside is that you can't acces your money for 5 years. Are you be patient with it?

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Quote from: wxa7115 on October 19, 2016, 11:09:33 AM

Quote from: digaran2 on October 19, 2016, 12:34:52 AM

Are they not 2 sides of the same coin? Investing is saving, and saving is investing...
Spending or Saving would be a question...

Not really although both are linked they are not one and the same, because while you can invest with your savings, you can also borrow money in order to invest, and borrowing is the complete opposite of saving.

I think the saving and investment are two different things, if you're using a fiat currency as the currency can not you use your main bitcoin as a place to store money? rather it is an investment
btw you can combine the investment and saving

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Quote from: Superbitzz on October 19, 2016, 05:33:28 PM

Quote from: lootz on October 19, 2016, 04:20:03 PM

Prefer to invest it, you can grow your money by save money Cheesy

yes i will also prefer to invest.

Investing is a more matured way of growing your money, you can save and you can invest also at the same time. That is the best way to do as investment does not guarantee you will win all the time, you need to have a back up funds in case you fail.

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Quote from: lootz on October 19, 2016, 04:20:03 PM

Prefer to invest it, you can grow your money by save money Cheesy

yes i will also prefer to invest. to me if you are investing your money in bitcoin it mean that you are getting double benefit one is your money is safe there and second is that you can even make more money if the price of bitcoin goes up.

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Prefer to invest it, you can grow your money by save money Cheesy

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Quote from: wxa7115 on October 19, 2016, 11:09:33 AM

Quote from: digaran2 on October 19, 2016, 12:34:52 AM

Are they not 2 sides of the same coin? Investing is saving, and saving is investing...
Spending or Saving would be a question...

Not really although both are linked they are not one and the same, because while you can invest with your savings, you can also borrow money in order to invest, and borrowing is the complete opposite of saving.

yes and you can get both the benefit from bitcoin, if you invest your money in bitcoin so is is the safest place where yo can put your money safely and the second is that you can it is really a good investment also from where you can get a good profit.

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Quote from: digaran2 on October 19, 2016, 12:34:52 AM

Are they not 2 sides of the same coin? Investing is saving, and saving is investing...
Spending or Saving would be a question...

Not really although both are linked they are not one and the same, because while you can invest with your savings, you can also borrow money in order to invest, and borrowing is the complete opposite of saving.

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this all depends about how many money you have you know when you dont have allot of money you should save for in the future off course but when you want to
make more money of your money invest!

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Both options will lead into different results, investment is risky because you might not be able to roi, as you may be able to get extra bitcoins doing such, with savings you will only get new value for your coins and the risk its almost zero.

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Quote from: goldcoinminer on October 19, 2016, 07:28:02 AM

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Quote from: Aamir1 on October 19, 2016, 04:19:21 AM

Quote from: Ybalevia on October 19, 2016, 03:24:10 AM

When you dont have allot of money you should consider to save money off course for later but when you do have lots of money you can better invest for later to save alaso money for later.

The ones who just save would never have a lot of money, and the ones who have a lot of money are the ones who invest, so basically someone should invest and then he should save money from the profits he earns from those investments, that is the right way of doing it.

It's better to save money, in my point of view having a permanent job and at the same time earning a money from your salary is a big chance to save. Most of working people only enjoy money and spend it in a daily live no one is saving. But, how can you invest if you have no capital for investment? point is that you can use your salary being saved for investment, how about your overtime pays and other allowances of your salary which you can save it and in years you will be surprised it reached a big amount of money which you can invest in a small business. Conclusion is both saving and investing is better it depends on you which of them you choose first.

You know what to choose first because in the first place you cannot invest if you do not have savings, it should be in a sequential manner, you need to discipline yourself to save first and then when you succeed with your goal for your savings then that would be the time to start to another venture of investing.

Yup we cannot afford to invest directly unless we don't have enough capital and for that you need to save your money first and over a period of time you can start with small investments.

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