Is it better to save money or invest it? - page 454.

Corenin

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Quote from: MaritiJames3 on June 22, 2016, 01:29:46 PM

Investing into the bitcoin is way better right now because the bitcoin has a very good future a head with the halving that is coming this year.

Agreed this is the right moment to invest in bitcoin and take the best advantage from halving, as now we are not too far from halving we can earn best returns in quick time.

MaritiJames3

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Investing into the bitcoin is way better right now because the bitcoin has a very good future a head with the halving that is coming this year.

torrentheaven

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Quote from: chaser15 on June 22, 2016, 10:21:16 AM

Quote from: mirakal on June 22, 2016, 09:55:39 AM

Quote from: chaser15 on June 22, 2016, 09:30:42 AM

Quote from: mark coins on June 22, 2016, 09:24:49 AM

Quote from: Galiatram on June 22, 2016, 09:08:05 AM

There are allot of things you can do investing for later its just saving money but in the hope you will get more out of it. Or you can just save money never touch it only you wont get more out of it only the rent i think.

Saving money is good but it will not be profitable in long run, and your money will not grow and you also need to keep in mind the inflation rate that will affect your savings in future.

In the first place, you save not because of the profits. You saved money so you can have an emergency or urgent solution when you really need it. Also if you save money, fiat is not that heavily affected by inflation "for a short term". Fiat can be undervalued but it will take many years before it will happen.

I don't think we save money for emergency purposes only, we save because of our future and the savings should compose of your funds intended for emergencies, leisures, and the most important is investment.

Of course that will include for future purposes too and that is a big obvious. Come on do I have to post it literally as in one on one before someone will get the point of my post?

And yes while saving, we should maintain our fixed earnings. Without it, we can't add quantity to our savings. Investment is a must but if people has other source of income, they can also saved more without doing an investment.

To have a better future ahead I think we need to take that risk and invest our money, but its always good to invest in multiple products rather then putting all money in single one.

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Quote from: mirakal on June 22, 2016, 09:55:39 AM

Quote from: chaser15 on June 22, 2016, 09:30:42 AM

Quote from: mark coins on June 22, 2016, 09:24:49 AM

Quote from: Galiatram on June 22, 2016, 09:08:05 AM

There are allot of things you can do investing for later its just saving money but in the hope you will get more out of it. Or you can just save money never touch it only you wont get more out of it only the rent i think.

Saving money is good but it will not be profitable in long run, and your money will not grow and you also need to keep in mind the inflation rate that will affect your savings in future.

In the first place, you save not because of the profits. You saved money so you can have an emergency or urgent solution when you really need it. Also if you save money, fiat is not that heavily affected by inflation "for a short term". Fiat can be undervalued but it will take many years before it will happen.

I don't think we save money for emergency purposes only, we save because of our future and the savings should compose of your funds intended for emergencies, leisures, and the most important is investment.

Of course that will include for future purposes too and that is a big obvious. Come on do I have to post it literally as in one on one before someone will get the point of my post?

And yes while saving, we should maintain our fixed earnings. Without it, we can't add quantity to our savings. Investment is a must but if people has other source of income, they can also saved more without doing an investment.

eddyubachs

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Quote from: mirakal on June 22, 2016, 09:55:39 AM

Quote from: chaser15 on June 22, 2016, 09:30:42 AM

Quote from: mark coins on June 22, 2016, 09:24:49 AM

Quote from: Galiatram on June 22, 2016, 09:08:05 AM

There are allot of things you can do investing for later its just saving money but in the hope you will get more out of it. Or you can just save money never touch it only you wont get more out of it only the rent i think.

Saving money is good but it will not be profitable in long run, and your money will not grow and you also need to keep in mind the inflation rate that will affect your savings in future.

In the first place, you save not because of the profits. You saved money so you can have an emergency or urgent solution when you really need it. Also if you save money, fiat is not that heavily affected by inflation "for a short term". Fiat can be undervalued but it will take many years before it will happen.

I don't think we save money for emergency purposes only, we save because of our future and the savings should compose of your funds intended for emergencies, leisures, and the most important is investment.

I will prefer to save some money in fiat and some in bitcoin, as both of them will allow me to have access to them whenever I want, so if I see bitcoin price goes higher then I can sell it immediately and convert to fiat.

escrowboy

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Quote from: DuckKeeper on June 22, 2016, 04:10:03 AM

Quote from: BitsandBites on June 22, 2016, 03:46:17 AM

It all depends about how much money you have you know. If you have enough it is better to invest it into something than just spending it like an idiot.

Well if you have little or much money, either way you should never put all your eggs in 1 basket.
Save a little and invest. I live by that agendum and it works very well for me.

I highly recommend that you should save a little that's because emergency happen everytime and if you invest all your money in investment then you have nothing to pull off when you urgently need it.

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Quote from: chaser15 on June 22, 2016, 09:30:42 AM

Quote from: mark coins on June 22, 2016, 09:24:49 AM

Quote from: Galiatram on June 22, 2016, 09:08:05 AM

There are allot of things you can do investing for later its just saving money but in the hope you will get more out of it. Or you can just save money never touch it only you wont get more out of it only the rent i think.

Saving money is good but it will not be profitable in long run, and your money will not grow and you also need to keep in mind the inflation rate that will affect your savings in future.

In the first place, you save not because of the profits. You saved money so you can have an emergency or urgent solution when you really need it. Also if you save money, fiat is not that heavily affected by inflation "for a short term". Fiat can be undervalued but it will take many years before it will happen.

I don't think we save money for emergency purposes only, we save because of our future and the savings should compose of your funds intended for emergencies, leisures, and the most important is investment.

chaser15

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Quote from: mark coins on June 22, 2016, 09:24:49 AM

Quote from: Galiatram on June 22, 2016, 09:08:05 AM

There are allot of things you can do investing for later its just saving money but in the hope you will get more out of it. Or you can just save money never touch it only you wont get more out of it only the rent i think.

Saving money is good but it will not be profitable in long run, and your money will not grow and you also need to keep in mind the inflation rate that will affect your savings in future.

In the first place, you save not because of the profits. You saved money so you can have an emergency or urgent solution when you really need it. Also if you save money, fiat is not that heavily affected by inflation "for a short term". Fiat can be undervalued but it will take many years before it will happen.

mark coins

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Quote from: Galiatram on June 22, 2016, 09:08:05 AM

There are allot of things you can do investing for later its just saving money but in the hope you will get more out of it. Or you can just save money never touch it only you wont get more out of it only the rent i think.

Saving money is good but it will not be profitable in long run, and your money will not grow and you also need to keep in mind the inflation rate that will affect your savings in future.

EdenHazard

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Quote from: goldcoinminer on June 22, 2016, 01:52:28 AM

Quote from: tabas on June 22, 2016, 01:06:21 AM

Quote from: helloangels on June 22, 2016, 12:49:03 AM

It will depends on you on what will you do to your money invest or save, but i think the best thing is to save your money than investing,nowadays you can't trust anyone to invest because a lot of them are scam

For me, I would say investing today is a good choice as the price is down today. You are able to buy bitcoins at lower price and after buying.
It's up to you if you are going to invest it to trading or continue it for saving.

I definitely agree with you, we need to be a risk taker in order to have a guts to take the price now. Remember that it is not halving, yet the price has increased substantially, I know this fall back is just temporary so we need to take the opportunity to invest as the price will rise again.

this fall back could be a temporary and continue increasing up to $1,000 or so as you said the halving day is not yet come and i hope it will happened very soon.

based on that opinion i will keep buying and suggest to everyone to do invest on bitcoin now before you regret later.

Galiatram

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There are allot of things you can do investing for later its just saving money but in the hope you will get more out of it. Or you can just save money never touch it only you wont get more out of it only the rent i think.

co5hike

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Quote from: InsideBjorn on June 22, 2016, 08:56:26 AM

Quote from: OnkelPaul on March 26, 2015, 07:55:39 AM

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

Dont you think that saving money is always better than investing money but there are also rich people who dont need to save money and they need to invest because with money you can make simply more money that is the story of the life.

Rich people will always look for an investment as capital is no big deal for them, but an average earning person will choose to save money at initial stage.

InsideBjorn

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Quote from: OnkelPaul on March 26, 2015, 07:55:39 AM

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

Dont you think that saving money is always better than investing money but there are also rich people who dont need to save money and they need to invest because with money you can make simply more money that is the story of the life.

Shibashi Dogemoto

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Quote from: BTCLovingDude on June 22, 2016, 08:12:12 AM

Quote from: chaosknight on June 22, 2016, 07:37:03 AM

Quote from: DavidoAlto on June 22, 2016, 04:37:01 AM

Quote from: OnkelPaul on March 26, 2015, 07:55:39 AM

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 is not that you are not true but there are allot of difference between people who can invest and people who can better save money it also depends about how much money someone has.

Investment requires capital and capital requires savings, if you have not saved money regularly then it will be difficult to make any investment, saving is primary and investment is secondary.

yeah but you don't need to save up all your life to be able to make an investment.
you can make an investment even with smaller amounts, you can always find something (not necessarily bitcoin related) to invest in even with small amounts of money that you have. and with small amounts you can even find much better returns than bigger amount of money.

Small investment will give you smaller profits and vice versa, but the fact is profit is profit either smaller or higher its always better then loosing money.

BTCLovingDude

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Quote from: chaosknight on June 22, 2016, 07:37:03 AM

Quote from: DavidoAlto on June 22, 2016, 04:37:01 AM

Quote from: OnkelPaul on March 26, 2015, 07:55:39 AM

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 is not that you are not true but there are allot of difference between people who can invest and people who can better save money it also depends about how much money someone has.

Investment requires capital and capital requires savings, if you have not saved money regularly then it will be difficult to make any investment, saving is primary and investment is secondary.

yeah but you don't need to save up all your life to be able to make an investment.
you can make an investment even with smaller amounts, you can always find something (not necessarily bitcoin related) to invest in even with small amounts of money that you have. and with small amounts you can even find much better returns than bigger amount of money.

chaosknight

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Quote from: DavidoAlto on June 22, 2016, 04:37:01 AM

Quote from: OnkelPaul on March 26, 2015, 07:55:39 AM

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 is not that you are not true but there are allot of difference between people who can invest and people who can better save money it also depends about how much money someone has.

Investment requires capital and capital requires savings, if you have not saved money regularly then it will be difficult to make any investment, saving is primary and investment is secondary.

DavidoAlto

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Quote from: OnkelPaul on March 26, 2015, 07:55:39 AM

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 is not that you are not true but there are allot of difference between people who can invest and people who can better save money it also depends about how much money someone has.

DavidoAlto

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You should save your money when you are yougn but when you are older you should defently invest to make even more money off course.

Dwelach

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It is better ti save money instead of investing it only if you have that much money you should invest it becausse saving does not matter and investin gives more if you do it right.

DuckKeeper

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Quote from: BitsandBites on June 22, 2016, 03:46:17 AM

It all depends about how much money you have you know. If you have enough it is better to invest it into something than just spending it like an idiot.

Well if you have little or much money, either way you should never put all your eggs in 1 basket.
Save a little and invest. I live by that agendum and it works very well for me.

Topic: Is it better to save money or invest it? - page 454. (Read 1181228 times)