Topic: Is it better to save money or invest it? - page 378. (Read 1181210 times)
Of course better to invest as you will get profit over time
If you want to make sure that you are well in the future save money if you want allot of money save money and invest with the saved money than you will make more for in the future.
Investment means giving the money to someone who uses it for their business and pays you back a dividend (and you normally get some kind of share that can be sold later). Think stocks.
"Save in bank" is actually a kind of investment. You give money to the bank, they use it for their business and give you a small interest (if at all) as dividend, and you can withdraw your money. With current interest rates, this is pretty boring, the only advantage compared to keeping money in a safe at home is that it's easier to do most types of payment, and that you don't need your own safe...
Buying precious metals is not an investment because those metals won't work with the money you paid for them. It's mostly speculation (you hope that you can sell it for a higher price) and safekeeping (real value of money can fall due to inflation, while precious metals will mostly retain their "real" value). But you need to consider storage fees.
To decide which is better you need to know what you consider "good".
Do you want to maximize your ROI? Do you want to store your wealth safely? Do you want to enable entrepreneurs to build their businesses?
Onkel Paul
It all depends about what you want do you want to make money with the money you saved to make it even more saved money or dont you trust that and do you really need the money than you need to save. "Save in bank" is actually a kind of investment. You give money to the bank, they use it for their business and give you a small interest (if at all) as dividend, and you can withdraw your money. With current interest rates, this is pretty boring, the only advantage compared to keeping money in a safe at home is that it's easier to do most types of payment, and that you don't need your own safe...
Buying precious metals is not an investment because those metals won't work with the money you paid for them. It's mostly speculation (you hope that you can sell it for a higher price) and safekeeping (real value of money can fall due to inflation, while precious metals will mostly retain their "real" value). But you need to consider storage fees.
To decide which is better you need to know what you consider "good".
Do you want to maximize your ROI? Do you want to store your wealth safely? Do you want to enable entrepreneurs to build their businesses?
Onkel Paul
I think it depends what you want do you want to make more money with some risk or you just really want to save your money for later purposes? saving money for later purposes like down payment on house and emergencies etc then its better to just put it in a secure bank and leave it but for making money go invest.
Investment means giving the money to someone who uses it for their business and pays you back a dividend (and you normally get some kind of share that can be sold later). Think stocks.
"Save in bank" is actually a kind of investment. You give money to the bank, they use it for their business and give you a small interest (if at all) as dividend, and you can withdraw your money. With current interest rates, this is pretty boring, the only advantage compared to keeping money in a safe at home is that it's easier to do most types of payment, and that you don't need your own safe...
Buying precious metals is not an investment because those metals won't work with the money you paid for them. It's mostly speculation (you hope that you can sell it for a higher price) and safekeeping (real value of money can fall due to inflation, while precious metals will mostly retain their "real" value). But you need to consider storage fees.
To decide which is better you need to know what you consider "good".
Do you want to maximize your ROI? Do you want to store your wealth safely? Do you want to enable entrepreneurs to build their businesses?
Onkel Paul
Investing money is always a good idea because investing means most of the time nice profits but also saving money can mean allot of profits becuase you have always some money left for later you know and that counts also."Save in bank" is actually a kind of investment. You give money to the bank, they use it for their business and give you a small interest (if at all) as dividend, and you can withdraw your money. With current interest rates, this is pretty boring, the only advantage compared to keeping money in a safe at home is that it's easier to do most types of payment, and that you don't need your own safe...
Buying precious metals is not an investment because those metals won't work with the money you paid for them. It's mostly speculation (you hope that you can sell it for a higher price) and safekeeping (real value of money can fall due to inflation, while precious metals will mostly retain their "real" value). But you need to consider storage fees.
To decide which is better you need to know what you consider "good".
Do you want to maximize your ROI? Do you want to store your wealth safely? Do you want to enable entrepreneurs to build their businesses?
Onkel Paul
Investment means giving the money to someone who uses it for their business and pays you back a dividend (and you normally get some kind of share that can be sold later). Think stocks.
"Save in bank" is actually a kind of investment. You give money to the bank, they use it for their business and give you a small interest (if at all) as dividend, and you can withdraw your money. With current interest rates, this is pretty boring, the only advantage compared to keeping money in a safe at home is that it's easier to do most types of payment, and that you don't need your own safe...
Buying precious metals is not an investment because those metals won't work with the money you paid for them. It's mostly speculation (you hope that you can sell it for a higher price) and safekeeping (real value of money can fall due to inflation, while precious metals will mostly retain their "real" value). But you need to consider storage fees.
To decide which is better you need to know what you consider "good".
Do you want to maximize your ROI? Do you want to store your wealth safely? Do you want to enable entrepreneurs to build their businesses?
Onkel Paul
Investing money is always a good idea because investing means most of the time nice profits but also saving money can mean allot of profits becuase you have always some money left for later you know and that counts also. "Save in bank" is actually a kind of investment. You give money to the bank, they use it for their business and give you a small interest (if at all) as dividend, and you can withdraw your money. With current interest rates, this is pretty boring, the only advantage compared to keeping money in a safe at home is that it's easier to do most types of payment, and that you don't need your own safe...
Buying precious metals is not an investment because those metals won't work with the money you paid for them. It's mostly speculation (you hope that you can sell it for a higher price) and safekeeping (real value of money can fall due to inflation, while precious metals will mostly retain their "real" value). But you need to consider storage fees.
To decide which is better you need to know what you consider "good".
Do you want to maximize your ROI? Do you want to store your wealth safely? Do you want to enable entrepreneurs to build their businesses?
Onkel Paul
for this, I would choose both, to save money so that if one day we need, we could use it. invest for can make make money increased
Yeah, choose both is a good idea imo. You can save money and also invest some of your money. I think both combination is really good and i'm sure it will work well.
What if you were only to choose one them which will it be?
For me saving money is the best.
If I have only one choice, I will just save the bitcoin. It is much less risky as the price of bitcoin will rise in the long term.
for this, I would choose both, to save money so that if one day we need, we could use it. invest for can make make money increased
Yeah, choose both is a good idea imo. You can save money and also invest some of your money. I think both combination is really good and i'm sure it will work well.
What if you were only to choose one them which will it be?
For me saving money is the best.
If I have only one choice, I will just save the bitcoin. It is much less risky as the price of bitcoin will rise in the long term.
for this, I would choose both, to save money so that if one day we need, we could use it. invest for can make make money increased
Yeah, choose both is a good idea imo. You can save money and also invest some of your money. I think both combination is really good and i'm sure it will work well.
What if you were only to choose one them which will it be?
For me saving money is the best.
If I have only one choice, I will just save the bitcoin. It is much less risky as the price of bitcoin will rise in the long term.
for this, I would choose both, to save money so that if one day we need, we could use it. invest for can make make money increased
Yeah, choose both is a good idea imo. You can save money and also invest some of your money. I think both combination is really good and i'm sure it will work well.
What if you were only to choose one them which will it be?
For me saving money is the best.
Well if there is only one option I will going to choose saving too. Because with saving I am treating it already as a type of investment. And when you have already good enough of savings then that is going to be a good start to your own investment. And being a good saver is going to result to be a good investor in the future.
What if you were only to choose one them which will it be?
For me saving money is the best.
For me saving money is the best.
Nothing comes great in saving your money. You may not feel like it however the value of your fiat keep on dropping each year because of inflation. You should learn more about inflation if you wish to know about it because seeing someone write saving money is the best thing is kinda makes me laugh so hard
for this, I would choose both, to save money so that if one day we need, we could use it. invest for can make make money increased
Yeah, choose both is a good idea imo. You can save money and also invest some of your money. I think both combination is really good and i'm sure it will work well.
What if you were only to choose one them which will it be?
For me saving money is the best.
for this, I would choose both, to save money so that if one day we need, we could use it. invest for can make make money increased
Yeah, choose both is a good idea imo. You can save money and also invest some of your money. I think both combination is really good and i'm sure it will work well.
I agree, it is better to do both. If emergency happens and you don't have savings then your investments will be ruined because you will get your momey there because you have no savings. But if you have no investments your money won't grow more. You will just rely on your monthly salary and it will be difficult if you have no investments when you retire.
I agree in saving money it is okay but we cant say that we can earn lot it just playing safe but investing your money it is risky but you can gain a lot or more of not like storing you money in you wallet.
Nothing is risky at this point, either you save your money and see how the inflation keep on affecting you each year or that you try to gain more by investing. Obviously the best idea is to gain more, everyone is going with the same idea if they notice how inflation is actually cheating you up
for this, I would choose both, to save money so that if one day we need, we could use it. invest for can make make money increased
Yeah, choose both is a good idea imo. You can save money and also invest some of your money. I think both combination is really good and i'm sure it will work well.
I agree, it is better to do both. If emergency happens and you don't have savings then your investments will be ruined because you will get your momey there because you have no savings. But if you have no investments your money won't grow more. You will just rely on your monthly salary and it will be difficult if you have no investments when you retire.
I agree in saving money it is okay but we cant say that we can earn lot it just playing safe but investing your money it is risky but you can gain a lot or more of not like storing you money in you wallet.
for this, I would choose both, to save money so that if one day we need, we could use it. invest for can make make money increased
Yeah, choose both is a good idea imo. You can save money and also invest some of your money. I think both combination is really good and i'm sure it will work well.
I agree, it is better to do both. If emergency happens and you don't have savings then your investments will be ruined because you will get your momey there because you have no savings. But if you have no investments your money won't grow more. You will just rely on your monthly salary and it will be difficult if you have no investments when you retire.
for this, I would choose both, to save money so that if one day we need, we could use it. invest for can make make money increased
Yeah, choose both is a good idea imo. You can save money and also invest some of your money. I think both combination is really good and i'm sure it will work well.
Well for me choosing both is the best thing that you are going to do. And why you are just going to do saving alone if you are able to start your own small investment like trading. And once you already earning what you just need to do is keep on saving some portion of your profit so that you can secure some amount for your future.
for this, I would choose both, to save money so that if one day we need, we could use it. invest for can make make money increased
Yeah, choose both is a good idea imo. You can save money and also invest some of your money. I think both combination is really good and i'm sure it will work well.
for this, I would choose both, to save money so that if one day we need, we could use it. invest for can make make money increased
we can do both of them in bitcoin, saving money and invest it at 1place, i think it's a good idea to keep holding bitcoin for saving and investment, because i do it too. it's profitable.
for this, I would choose both, to save money so that if one day we need, we could use it. invest for can make make money increased
we can do both of them in bitcoin, saving money and invest it at 1place, i think it's a good idea to keep holding bitcoin for saving and investment, because i do it too. it's profitable.
for this, I would choose both, to save money so that if one day we need, we could use it. invest for can make make money increased
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