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Topic: Is it better to save money or invest it? - page 383. (Read 1181226 times)

sr. member
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September 06, 2016, 07:12:50 AM
I think that saving is the better cause investments is always risky, you will never know what you can got at the end, so better to use safe ways.
investments are surely risky though if you dont do a dumb investment then you can make some decent money to be honest, i hope that it will make me big money as i invest right now into bitcoins
legendary
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September 06, 2016, 03:59:41 AM
this question is not for everyone because you need to save money if you dont have allot of money you know saving money is always the best but investing can make saved money even more that is the problem.

save and invest must be balance, if we can invest $10 better to save $10 too, im saving arround $50 every month i want to use it for retirement day.

Good to hear that you are starting to save for your retirement.  I should start it also now but I could not because of I always spend it for things that I needed everyday.  And I do agree with you on the balance of investing and saving.  Saving can help you when there is an emergency that need quick money.  Investing is for your future and it should not be spend or withdrawn without a valid reason.
It is just a matter of discipline mate, I have the same problem as you before but I manage to save and invest because I turned to be a discipline man, we need to sacrifice something to focus on the other, and that is by sacrificing our wants and spend only on our basic needs in life.
sr. member
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September 06, 2016, 03:21:04 AM
this question is not for everyone because you need to save money if you dont have allot of money you know saving money is always the best but investing can make saved money even more that is the problem.

save and invest must be balance, if we can invest $10 better to save $10 too, im saving arround $50 every month i want to use it for retirement day.

Good to hear that you are starting to save for your retirement.  I should start it also now but I could not because of I always spend it for things that I needed everyday.  And I do agree with you on the balance of investing and saving.  Saving can help you when there is an emergency that need quick money.  Investing is for your future and it should not be spend or withdrawn without a valid reason.
sr. member
Activity: 413
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September 06, 2016, 03:15:46 AM
this question is not for everyone because you need to save money if you dont have allot of money you know saving money is always the best but investing can make saved money even more that is the problem.

save and invest must be balance, if we can invest $10 better to save $10 too, im saving arround $50 every month i want to use it for retirement day.
sr. member
Activity: 252
Merit: 250
September 06, 2016, 02:42:46 AM
this question is not for everyone because you need to save money if you dont have allot of money you know saving money is always the best but investing can make saved money even more that is the problem.
hero member
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September 06, 2016, 02:39:48 AM
I think that saving is the better cause investments is always risky, you will never know what you can got at the end, so better to use safe ways.
but if you save in bitcoin it is also possible that you will never know what you can get at the end. LOL.. it is possible that after a month or few month you check bitcoin price and you see bitcoin price dropped like hill..
Investment itself is not a bad thing . but investing in scam, ponzi and fraud sites is bad thing..
we need to determine those scammers and keep ourselves and others away from them. and encourage legit investment sites to come front.
In the first place ponzis and HYIP are not even considered as investment because it is merely a game that the operators win all the time. If you are planning to invest, just simply hold your bitcoins but do not failed to do your duty to monitor the market so you can sell and buy at the right timing.
They are considered as the money suckers, they are just full of promises but the main intention for their operation is just to fool us. They fool us once but never in the second time around, we need to learn on our mistakes as that is the only way to be successful in our investment venture.
legendary
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September 06, 2016, 01:23:54 AM
I think that saving is the better cause investments is always risky, you will never know what you can got at the end, so better to use safe ways.
but if you save in bitcoin it is also possible that you will never know what you can get at the end. LOL.. it is possible that after a month or few month you check bitcoin price and you see bitcoin price dropped like hill..
Investment itself is not a bad thing . but investing in scam, ponzi and fraud sites is bad thing..
we need to determine those scammers and keep ourselves and others away from them. and encourage legit investment sites to come front.
In the first place ponzis and HYIP are not even considered as investment because it is merely a game that the operators win all the time. If you are planning to invest, just simply hold your bitcoins but do not failed to do your duty to monitor the market so you can sell and buy at the right timing.
legendary
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September 06, 2016, 01:15:49 AM
I think that saving is the better cause investments is always risky, you will never know what you can got at the end, so better to use safe ways.
but if you save in bitcoin it is also possible that you will never know what you can get at the end. LOL.. it is possible that after a month or few month you check bitcoin price and you see bitcoin price dropped like hill..
Investment itself is not a bad thing . but investing in scam, ponzi and fraud sites is bad thing..
we need to determine those scammers and keep ourselves and others away from them. and encourage legit investment sites to come front.
hero member
Activity: 1008
Merit: 540
September 06, 2016, 12:21:08 AM
It is very important to have reserves for future needs, but if the money is all in fiat, the inflation may affect the purchasing power of your reserves.
So consider investing part of it, in BTC for example, to compensate the inflation and for potential profits.
Yes you are right it's more important if you are going to hold your bitcoin in future purposes or in some emergency case because if you are going to invest that you are taking risk where you can able to lose your money or for me it is not good to invest because sometimes we deposit are money on the wrong website.
hero member
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September 05, 2016, 09:01:15 PM
I think that saving is the better cause investments is always risky, you will never know what you can got at the end, so better to use safe ways.

But saving alone is a slow process, with saving we cannot get that much money which we can expect with investment, and if someone want success then they should have to take the risks, as without that we will live a passive life.
Savings is the lowest risk investment to be made, im earning a bit from those, but if i try to go trading i should be doing more income but i would expose my coins into a bigger risk, but always more risk big reward.

Well you are right with it and I would say it is going to be a good thing if you are going to keep on saving and it is the safest thing to do. If you don't
want to invest then you can just keep on saving your money or bitcoin. So that if there is something that you want to buy then you can just pull something in your pocket.
hero member
Activity: 756
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September 05, 2016, 08:30:20 PM
I think that saving is the better cause investments is always risky, you will never know what you can got at the end, so better to use safe ways.

But saving alone is a slow process, with saving we cannot get that much money which we can expect with investment, and if someone want success then they should have to take the risks, as without that we will live a passive life.
Savings is the lowest risk investment to be made, im earning a bit from those, but if i try to go trading i should be doing more income but i would expose my coins into a bigger risk, but always more risk big reward.
hero member
Activity: 840
Merit: 501
September 05, 2016, 08:26:16 PM
I think that saving is the better cause investments is always risky, you will never know what you can got at the end, so better to use safe ways.

But saving alone is a slow process, with saving we cannot get that much money which we can expect with investment, and if someone want success then they should have to take the risks, as without that we will live a passive life.
actually its better to invest because it can grow your money, but you need to find safe and potential investment, if you cant find one then you better save your bitcoin, because saving bitcon and wait for the right time to sell is consider investment, this method is safer but you earn slower than invest in other place
hero member
Activity: 826
Merit: 502
September 05, 2016, 06:25:54 PM
I think that saving is the better cause investments is always risky, you will never know what you can got at the end, so better to use safe ways.

But saving alone is a slow process, with saving we cannot get that much money which we can expect with investment, and if someone want success then they should have to take the risks, as without that we will live a passive life.
hero member
Activity: 658
Merit: 500
September 05, 2016, 05:29:34 PM
I think that saving is the better cause investments is always risky, you will never know what you can got at the end, so better to use safe ways.
I think the investment is something risky. the level of risk depends on the investments you choose? for example, I invested in gambling sites? of course I will have the possibility to lose? it is a risk that is quite large. because you would ever lose?
my advice is to invest in stocks or altcoin? it gets better
hero member
Activity: 1148
Merit: 504
September 05, 2016, 02:46:53 PM
It's important to invest, but also is important to save money, with saving you can make sure you will not lose your money when investing in something.

My mother told me that if you are going to be a good saver for sure you are going to be a good investor. Why? Because if you are able to value the money that you are saving then for sure you are going to value more the profit that you are going to get from your own investment. It is a stepping stone if you are going to save money first.

That is if you have the skills to choose the right investment. If you choose poorly or you do not have what it takes to become a good investor, then there is no profit and nothing to save. Investing needs some time to learn and become an expert. That is why you need some savings to protect you while you are learning how to invest.
copper member
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Merit: 294
September 05, 2016, 02:39:34 PM
I think to invest in gold and real estate is a better option because it is safe and you will get better profit if your investment plan is good.
To invest online is also a good thing but a bit risky. It will be more better to not put all eggs in one basket invest in different ways ( i.e bank, bitcoin, gold) with proper planning so that there would be low risk of loss.
sr. member
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September 05, 2016, 02:22:42 PM
I think that saving is the better cause investments is always risky, you will never know what you can got at the end, so better to use safe ways.
legendary
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September 05, 2016, 01:56:34 PM
We need to have both than to choose the one because both are same great and it will gives you great income in the future, but we need to invest only the amount that we can afford to lose.

Investment is risky but you need to take that risk at initial stage to get good profits in future, saving is safe and doesn't involve any risk but it will not allow you to grow your money in long run.

saving may seem safe to you, but you have to realize that when you just save, that you lose money. the reason is the low interest of around 0.4% in comparison to the 1.4% tax we have to pay over our wealth. that's a hit of 1% per year if you leave your money in your savings account. that's why people are forced to look for investments.
You have a point it is still the best to choose investing your money in bitcoin and hold it and save it.. you can make a good profit if the price of bitcoin is increase more high..  in bitcoin there is no tax so i think its safe to save our money in bitcoin.

finding the right investment is indeed the best option, but here where i live, and probably in other countries as well, bitcoin is seen as part of your wealth. which means that you must declare also your bitcoin holdings. however, not many people do that. Tongue
legendary
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September 05, 2016, 01:25:27 PM
We need to have both than to choose the one because both are same great and it will gives you great income in the future, but we need to invest only the amount that we can afford to lose.

Investment is risky but you need to take that risk at initial stage to get good profits in future, saving is safe and doesn't involve any risk but it will not allow you to grow your money in long run.

And no investment that can we called a safe one because no such investment like that exist. It has risk even with people's so called easy investment.

But it doesn't mean we have to worry about the risk since all risk has appropriate doings to make it cover on the long run. Just think of some things that covered all the risk and we will have a nice investment that will run in a long run. And because of that, we can have more save money now.

legendary
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September 05, 2016, 01:24:30 PM
We need to have both than to choose the one because both are same great and it will gives you great income in the future, but we need to invest only the amount that we can afford to lose.

Investment is risky but you need to take that risk at initial stage to get good profits in future, saving is safe and doesn't involve any risk but it will not allow you to grow your money in long run.

saving may seem safe to you, but you have to realize that when you just save, that you lose money. the reason is the low interest of around 0.4% in comparison to the 1.4% tax we have to pay over our wealth. that's a hit of 1% per year if you leave your money in your savings account. that's why people are forced to look for investments.
You have a point it is still the best to choose investing your money in bitcoin and hold it and save it.. you can make a good profit if the price of bitcoin is increase more high..  in bitcoin there is no tax so i think its safe to save our money in bitcoin.
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