Is it better to save money or invest it? - page 409.

diodio5

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Quote from: Zadicar on August 14, 2016, 01:11:21 AM

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Quote from: cokkapaga on August 13, 2016, 08:01:46 PM

if you save your money you will get nothing
I think it is time to invest your money to get earn for your investment
I personally, If I have money I dont think to save it , I want to invest it.

I think both are important, you need to save because in the future there might be some desperate need of money and when you invest all of it you will not get anything because investment also does not guarantee that you money will grow, sometimes you fall.

Yup saving is important as if your investment goes wrong then saving will help you as a back up money which can be used at the time of emergencies.

thats one of the purpose of having a savings, it would be used for emergencies or any circumstances in the future which involved financial problems. Its a life saving situation when you have an emergency fund or savings since you can easily use those funds to back up the certain situation.

yeah there is a lot of interest in the store in addition to the emergency when you suffer a defeat. because the store is a form of wealth and accomplishment. if you have big money on your saving you can be proud of that. because it is afraid and tired you to collect as many bitcoin

Winter1986

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Correct someone said above. Money should work and bring new money. Capital is necessary not only to preserve but also to multiply. There are many ways to make the money work. Everyone has to choose for themselves the best. But be sure to leave yourself some of the money as a cushion.

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Quote from: Positid on August 14, 2016, 09:24:17 AM

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Quote from: jakelyson on August 14, 2016, 08:50:23 AM

Quote from: cokkapaga on August 13, 2016, 08:01:46 PM

if you save your money you will get nothing
I think it is time to invest your money to get earn for your investment
I personally, If I have money I dont think to save it , I want to invest it.

You cannot just invest all your money. You have to set aside some money for emergency purposes. That is the use of saving in a bank. The rest you can invest if you want. But always have some reserve money. You have to utilize both saving and investing to have a good financial status.

Investing all of your money is going to be risky at all. But if you are going to save all of your money that is going to help you. Maybe just make it balance, save some and invest some too. But if you are going to have investments make sure that you do have enough support savings for your investment so that it is going to be a strong investment.

Investment is also a type of saving and i would say a better one as you can get interest on it.saving money in bank is the best solution as they give low interest rate but best protection.

I would like repeat again that investment is not a part of savings, it is very different as you can save your money even in your own pocket and there is no risk on that unless you get rob, but your investment is subject to big risk as you could earn or lose your money in the end.

Yes, and the difference between saving and investment is that in savings you have total control on your money and you can access it whenever you want, but same is not the case with investments.

Positid

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Quote from: @prashant on August 14, 2016, 09:17:18 AM

Quote from: tabas on August 14, 2016, 09:08:13 AM

Quote from: jakelyson on August 14, 2016, 08:50:23 AM

Quote from: cokkapaga on August 13, 2016, 08:01:46 PM

if you save your money you will get nothing
I think it is time to invest your money to get earn for your investment
I personally, If I have money I dont think to save it , I want to invest it.

You cannot just invest all your money. You have to set aside some money for emergency purposes. That is the use of saving in a bank. The rest you can invest if you want. But always have some reserve money. You have to utilize both saving and investing to have a good financial status.

Investing all of your money is going to be risky at all. But if you are going to save all of your money that is going to help you. Maybe just make it balance, save some and invest some too. But if you are going to have investments make sure that you do have enough support savings for your investment so that it is going to be a strong investment.

Investment is also a type of saving and i would say a better one as you can get interest on it.saving money in bank is the best solution as they give low interest rate but best protection.

I would like repeat again that investment is not a part of savings, it is very different as you can save your money even in your own pocket and there is no risk on that unless you get rob, but your investment is subject to big risk as you could earn or lose your money in the end.

umaOuma

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Quote from: @prashant on August 14, 2016, 09:17:18 AM

Quote from: tabas on August 14, 2016, 09:08:13 AM

Quote from: jakelyson on August 14, 2016, 08:50:23 AM

Quote from: cokkapaga on August 13, 2016, 08:01:46 PM

if you save your money you will get nothing
I think it is time to invest your money to get earn for your investment
I personally, If I have money I dont think to save it , I want to invest it.

You cannot just invest all your money. You have to set aside some money for emergency purposes. That is the use of saving in a bank. The rest you can invest if you want. But always have some reserve money. You have to utilize both saving and investing to have a good financial status.

Investing all of your money is going to be risky at all. But if you are going to save all of your money that is going to help you. Maybe just make it balance, save some and invest some too. But if you are going to have investments make sure that you do have enough support savings for your investment so that it is going to be a strong investment.

Investment is also a type of saving and i would say a better one as you can get interest on it.saving money in bank is the best solution as they give low interest rate but best protection.

Saving money in banks is the safest way but it doen't guarantee to you higher returns in future, as the interest is too low and if you want to save then you can go for time deposits.

@prashant

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Quote from: tabas on August 14, 2016, 09:08:13 AM

Quote from: jakelyson on August 14, 2016, 08:50:23 AM

Quote from: cokkapaga on August 13, 2016, 08:01:46 PM

if you save your money you will get nothing
I think it is time to invest your money to get earn for your investment
I personally, If I have money I dont think to save it , I want to invest it.

You cannot just invest all your money. You have to set aside some money for emergency purposes. That is the use of saving in a bank. The rest you can invest if you want. But always have some reserve money. You have to utilize both saving and investing to have a good financial status.

Investing all of your money is going to be risky at all. But if you are going to save all of your money that is going to help you. Maybe just make it balance, save some and invest some too. But if you are going to have investments make sure that you do have enough support savings for your investment so that it is going to be a strong investment.

Investment is also a type of saving and i would say a better one as you can get interest on it.saving money in bank is the best solution as they give low interest rate but best protection.

tabas

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Quote from: jakelyson on August 14, 2016, 08:50:23 AM

Quote from: cokkapaga on August 13, 2016, 08:01:46 PM

if you save your money you will get nothing
I think it is time to invest your money to get earn for your investment
I personally, If I have money I dont think to save it , I want to invest it.

You cannot just invest all your money. You have to set aside some money for emergency purposes. That is the use of saving in a bank. The rest you can invest if you want. But always have some reserve money. You have to utilize both saving and investing to have a good financial status.

Investing all of your money is going to be risky at all. But if you are going to save all of your money that is going to help you. Maybe just make it balance, save some and invest some too. But if you are going to have investments make sure that you do have enough support savings for your investment so that it is going to be a strong investment.

jakelyson

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Quote from: cokkapaga on August 13, 2016, 08:01:46 PM

if you save your money you will get nothing
I think it is time to invest your money to get earn for your investment
I personally, If I have money I dont think to save it , I want to invest it.

You cannot just invest all your money. You have to set aside some money for emergency purposes. That is the use of saving in a bank. The rest you can invest if you want. But always have some reserve money. You have to utilize both saving and investing to have a good financial status.

torrentheaven

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Quote from: dunfida on August 14, 2016, 05:35:35 AM

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Quote from: peta4e on August 14, 2016, 01:23:42 AM

Quote from: Zadicar on August 14, 2016, 01:11:21 AM

Quote from: tampazeus on August 14, 2016, 12:44:14 AM

Quote from: mirakal on August 13, 2016, 10:24:30 PM

Quote from: cokkapaga on August 13, 2016, 08:01:46 PM

if you save your money you will get nothing
I think it is time to invest your money to get earn for your investment
I personally, If I have money I dont think to save it , I want to invest it.

I think both are important, you need to save because in the future there might be some desperate need of money and when you invest all of it you will not get anything because investment also does not guarantee that you money will grow, sometimes you fall.

Yup saving is important as if your investment goes wrong then saving will help you as a back up money which can be used at the time of emergencies.

thats one of the purpose of having a savings, it would be used for emergencies or any circumstances in the future which involved financial problems. Its a life saving situation when you have an emergency fund or savings since you can easily use those funds to back up the certain situation.

Yes saving should be our primary concern, and people who cannot afford to invest big will prefer to save first and then after reaching to certain value will prefer to invest it somewhere.

It is always a good plan even to those people who dont have enough money to make such investments because they lack of funds. A wise person would make a way and saving money until he/she reaches his goal on the exact amount then he would make an investment to expand or maximize its profit.

We can all do that if we are willing to save, the problem with the people is they have big dreams that they will have a comfortable life in the future but failed to execute the plan in the present time, the present will always dictate the future, if we don't invest now we will not earn in the future, very simply right?

Agreed, to have better and comfortable life in future we need to act in present and should be ready with great action plan and if you follow that plan then you can earn great profits in future.

Its just a normal thing to do, if you have plan on having a good and comfortable future then you must act and do whatever it takes in the present so that you would achieve that goal because if you planned a certain thing but you have no action then it would be useless.

Exactly, because that is our dream to be rich in the future so we should be more responsible now and do hard work with our current job so by the time we will be promoted we will receive a bigger salary and we can save more.

It really depends on our action on how to build up in the present . We should do hard work and time and effort so that we would be successful in the future years. When you are already earning enough to make a savings then dont forget to save.

Saving is definitely safe in compare to investment, but we cannot afford to rely only on one, our financial plan should be a combination of savings and investments both to have a great life ahead.

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