Is it better to save money or invest it? - page 567.

dinda22

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Quote from: Scream on March 04, 2016, 09:57:14 AM

before you choose one of them, or maybe you will choose both of them , you should have "plan" .
what your plan ? growing your money ? or you have a dream? maybe you want to buy ew PS4 , after it you can choose the best choice

the best option is to choose both. if one day you lose all your money in the investment, you still have savings. so of course both must be balanced.

ronaldinho_07

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Both option are good and make usually me think about it,i got an investment that will work as saving that is projected to be paid montly and will take out over the next 25 years.Banks offer those ,atleast at Brazil,but with the crypto world i believe its better invest,knowing the risks involved ,the results are faster in the short time,but for me i think for my future and my family thats why my saving project for me its an investment.If i pick the money i put at there at bring it at bitcoin i could maybe double it till end year but the thing is i cant take the risk for all family and risk to loose a peny into it.

Scream

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U will never know the true answer, before you try

before you choose one of them, or maybe you will choose both of them , you should have "plan" .
what your plan ? growing your money ? or you have a dream? maybe you want to buy ew PS4 , after it you can choose the best choice

blackmachinegun

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Quote from: HarryKPeters on March 02, 2016, 05:46:24 AM

I think its better to do both because saving can be good for accidental things in real life and also investing in bitcoin is not wrong because of the halving that is coming this year.
You should do both its the best thing you can do, you can than have normal money and make a lot of profit at the end of this year with the bitcoin.

agree with you. for the time being very supportive to do both. we can not do just any investment. while halving will happen. of course the price will potentially rise. You should also save

MTBTT

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Quote from: martinacar on March 03, 2016, 03:31:50 PM

Its better to invest in my opinion because with investing you can have a lot profit at the end of it, so investing is good.
What you also can do is doing both it can be really good investing and holding some cash to save.

store can also benefit, although not as big gains in investment. but the store will be more secure and safety. investment has a greater risk

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Saving should be given preference rather than investment. Investment help you achieve long term goals. Saving can be used for regular needs. So based on our targeted goal we need to make our investment as well saving.

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Quote from: blackmachinegun on March 03, 2016, 09:56:55 PM

Quote from: Scream on March 03, 2016, 08:15:28 PM

for future im reference nd recomended to save your money, at fiat currency, use local currency also use local bank account. If you save your money at local currency it's like you invest at your goverment, and support to growing your country

it is not a good idea for long-term gains. although the store in a bank is very safe, but you will not be able to get a profit of fiat and banks. fiat will be left of bitcoin. better to save money in bitcoin. for a better future

Saving in bank is not about getting profit, it is more about getting your money secured. Some people still believe in traditional banking system where your money are totally safe in bank however if you dont control your money then your money is not safe at all, thats the concept of better understanding of saving money in form of bitcoin in cold wallet which alot of people still dont get

blackmachinegun

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Quote from: Scream on March 03, 2016, 08:15:28 PM

for future im reference nd recomended to save your money, at fiat currency, use local currency also use local bank account. If you save your money at local currency it's like you invest at your goverment, and support to growing your country

it is not a good idea for long-term gains. although the store in a bank is very safe, but you will not be able to get a profit of fiat and banks. fiat will be left of bitcoin. better to save money in bitcoin. for a better future

vero

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Quote from: phibay on March 03, 2016, 01:55:32 PM

it is always better to save money than invest it on self-proclaimed legit companies online that promise exceptional returns. also investing online involves high risks that a normal person can't take. just save your money for your own good.

choose stay in comfort zone because are you scared to losing your money if you invest, try with little investment that's much better than saving.

Scream

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U will never know the true answer, before you try

for future im reference nd recomended to save your money, at fiat currency, use local currency also use local bank account. If you save your money at local currency it's like you invest at your goverment, and support to growing your country

bitcoin-hunter

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Quote from: phibay on March 03, 2016, 01:55:32 PM

it is always better to save money than invest it on self-proclaimed legit companies online that promise exceptional returns. also investing online involves high risks that a normal person can't take. just save your money for your own good.

Saving money can be good for security. But when it comes down to profits you won't have anything. Just try to invest in some low risk bonds and your money will be working for you.
Money that sleeps is not good. Ever.

martinacar

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Its better to invest in my opinion because with investing you can have a lot profit at the end of it, so investing is good.
What you also can do is doing both it can be really good investing and holding some cash to save.

phibay

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it is always better to save money than invest it on self-proclaimed legit companies online that promise exceptional returns. also investing online involves high risks that a normal person can't take. just save your money for your own good.

crairezx20

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Quote from: sallymeeh27 on March 03, 2016, 12:58:25 PM

It is always much better to invest the money you save but not all of it. You should be smart in doing this for there is some risk for investment. Saving money will only provide you with the same amount but no business unlike investing will make your money grow if possible then do so..

But for me its always been the best to invest in bitcoin because the price is gradually increase and the price should be increase double after havling ends so invest your money now and don't waste your time.. Buy bitcoins and hold it until halving..

sallymeeh27

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It is always much better to invest the money you save but not all of it. You should be smart in doing this for there is some risk for investment. Saving money will only provide you with the same amount but no business unlike investing will make your money grow if possible then do so..

offlinedragon

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There are many open fields of investment so I think that would be the better choice IMO, Some of the fields are of relatively low risk like real estate and keeping your money in a bank can be an investment in a way as well "not that I recommend it though".

blackmachinegun

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Quote from: kyrios_ on March 02, 2016, 10:27:31 AM

Quote from: shane on March 02, 2016, 10:13:56 AM

Quote from: MaxTax on March 02, 2016, 09:24:25 AM

Its better to save money ofcourse. But you can also invest. Without invest you cant get the money and that is not good.
Both is very good. And saving money is the best thing. So you will have always money for later or something

both of them is good then save 70% of your money and invest 30% of your money
so if you lose your invest you still have 70% of your money, or if you get profit you can save the profit ast your saving account

yeah this the most important. you don't have to either save or invest u should have a financial plan that has a portion in savings and a portion in investments

yeah plan is needed. if you want to gravitate toward the investment or saving. because I want to earn a lot of profit. I tried to create a plan that favors investment, I will divide 60% for investment and 40% for store

DeDordtenaar

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Quote from: Pab on March 02, 2016, 10:19:56 PM

Saving can be also investment if you will now invest in gold it could be the best to save and increase capital
in time of chaos people see gold stable

agree with you. besides saving money in gold. investing in gold also relatively stable ride. rare for prices to fall. This will be the best investment and saving

MaritiJames3

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Quote from: doctor877 on March 03, 2016, 05:19:21 AM

Quote from: jakelyson on March 03, 2016, 04:29:04 AM

Quote from: kacak41 on March 03, 2016, 03:31:43 AM

Quote from: sirohige on March 03, 2016, 03:23:01 AM

Quote from: jakelyson on March 03, 2016, 12:38:10 AM

But if you only save your money or just keep it in a bank, your money will eventually lose its value to inflation. Remember, bank's interest cannot keep up with inflation rate. So if you just keep it in the bank, it will be the same amount but lesser value. It is still best if you let your money work for you true investment. There are a lot of kind of investments with risk that could fit your financial needs.

it's right agree with you

the interest of bank is very low, can't keep up with inflation rate, but bank give your guarantee your money is safe store at bank.

i think if you save/invest your money at bitcoin you will not find always in profit.

Investing in bitcoin will always involve risk as the value keeps on fluctuating, but saving money in bank will not be profitable either, but if the value of bitcoin rise in future, you can better returns in compare to that you save in banks.

If you are still afraid of investing into bitcoin, there are still other investment types you can use like stocks or mutual funds. They have risks so you have to think very carefully before you engage. And a tip on investments, do not put all your money in one place. So invest some in bitcoins, some on mutual funds, some stocks.

yes, diversifying your investment is the best of all, as you are also diversifying your risks by investing into multiple products, So even if you suffer loss in one, the other will take care of your investments.

Always diversify things in life. Remember when 1 thing don't go as expected you are not lost, because you did not depend on 1 thing to shine.
Diversifying is like protecting your money against potential failures.

doctor877

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Quote from: jakelyson on March 03, 2016, 04:29:04 AM

Quote from: kacak41 on March 03, 2016, 03:31:43 AM

Quote from: sirohige on March 03, 2016, 03:23:01 AM

Quote from: jakelyson on March 03, 2016, 12:38:10 AM

But if you only save your money or just keep it in a bank, your money will eventually lose its value to inflation. Remember, bank's interest cannot keep up with inflation rate. So if you just keep it in the bank, it will be the same amount but lesser value. It is still best if you let your money work for you true investment. There are a lot of kind of investments with risk that could fit your financial needs.

it's right agree with you

the interest of bank is very low, can't keep up with inflation rate, but bank give your guarantee your money is safe store at bank.

i think if you save/invest your money at bitcoin you will not find always in profit.

Investing in bitcoin will always involve risk as the value keeps on fluctuating, but saving money in bank will not be profitable either, but if the value of bitcoin rise in future, you can better returns in compare to that you save in banks.

If you are still afraid of investing into bitcoin, there are still other investment types you can use like stocks or mutual funds. They have risks so you have to think very carefully before you engage. And a tip on investments, do not put all your money in one place. So invest some in bitcoins, some on mutual funds, some stocks.

yes, diversifying your investment is the best of all, as you are also diversifying your risks by investing into multiple products, So even if you suffer loss in one, the other will take care of your investments.

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