Is it better to save money or invest it? - page 568.

jakelyson

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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.

kacak41

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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.

sirohige

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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.

jakelyson

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Quote from: uname on March 02, 2016, 06:08:37 PM

Quote from: B for BTC on March 02, 2016, 04:56:55 PM

saving money is in a bank is less risky that investing but with very low interests.
while investing has a high risk and high potential profit. So I believe that it is better to gather between the two options

I prefer choose saving i the bank. the risk is very small. even almost no risk.
little interest is not a problem, it is just a bonus. we just want to keep save

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.

diodio5

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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

i think that is not namely save dude. to my knowledge, to save is to put your money in a bank account or wallet. not. save to buy commodities or gold. its truly invest man!

Hirose UK

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Quote from: uname on March 02, 2016, 06:08:37 PM

Quote from: B for BTC on March 02, 2016, 04:56:55 PM

saving money is in a bank is less risky that investing but with very low interests.
while investing has a high risk and high potential profit. So I believe that it is better to gather between the two options

I prefer choose saving i the bank. the risk is very small. even almost no risk.
little interest is not a problem, it is just a bonus. we just want to keep save

it's safer to save money in the bank, it is. that's why I also keep my money in the bank, no guarantee bitcoin will be safe in long term in wallet or invest it in bitcoin because of the price

goinmerry

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Quote from: ampere on March 02, 2016, 08:30:00 AM

Quote from: goinmerry on March 02, 2016, 08:26:00 AM

Quote from: sallymeeh27 on March 02, 2016, 04:57:37 AM

Well for me, it is always better to invest money to earn also another money. In this way you may also control yourself from spending when just saving. But if you want to save money it should be done in a long term so somehow it will earn interest in years but do not expect much on it mostly for banking institution..

The best interest percent is here in bitcoin. You are the one controlling it. Yes. That is what is cool about it. Sell high, buy low. It is still faster that way than waiting for an interest in a bank. Yes bank gave the security in your money. But what else do they do with your money. They profit more for investing it in different things. Then give you just the very small percentage for lending your money to them.

Yeah, banks sucks, and with the invention and existence of bitcoins, I don't see it profitable in putting my money into banks, rather I would prefer to invest my money into bitcoins.

True. I can see some investments because I work on mutual funds and seeing all the annual reports. By that I can see how much these banks are getting and some companies with their investments. For small accounts they just get little and of course the larger the better. But where will you get that much money? Bitcoin doesnt need that much. And you can control it.

shane

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Quote from: kyrios_ on March 02, 2016, 10:23:21 PM

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

not during last year end though. gold price tanked like nothing.

bitcoin is far better if we compared with bitcoin, in this momenth bitcoin more popular, bitcoin growing to much in 2015, that's make people looking bitcoin and interesting to ivest his money

ingiltere

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Quote from: Hirose UK on March 02, 2016, 10:22:27 PM

Quote from: ilyasilyaso on June 06, 2015, 06:55:49 AM

You can earn interest by putting money in a savings account, but savings accounts generally earn a lower return than investments.

I think it's not earning when we get lower money back than the investment.
that's not good idea to save money in saving account

They are giving Money based on inflation, usually lower than inflation rate. Saving account has no investment purpose, it only helps to minimize your money's devaluing risk. It's better to invest in real projects such as real estate and cryptocurrencies.

kyrios_

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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

not during last year end though. gold price tanked like nothing.

Hirose UK

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Quote from: ilyasilyaso on June 06, 2015, 06:55:49 AM

You can earn interest by putting money in a savings account, but savings accounts generally earn a lower return than investments.

I think it's not earning when we get lower money back than the investment.
that's not good idea to save money in saving account

Pab

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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

kyrios_

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Quote from: uname on March 02, 2016, 06:08:37 PM

Quote from: B for BTC on March 02, 2016, 04:56:55 PM

saving money is in a bank is less risky that investing but with very low interests.
while investing has a high risk and high potential profit. So I believe that it is better to gather between the two options

I prefer choose saving i the bank. the risk is very small. even almost no risk.
little interest is not a problem, it is just a bonus. we just want to keep save

but we slowly losing money due to inflation

bonski

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Quote from: uname on March 02, 2016, 06:08:37 PM

Quote from: B for BTC on March 02, 2016, 04:56:55 PM

saving money is in a bank is less risky that investing but with very low interests.
while investing has a high risk and high potential profit. So I believe that it is better to gather between the two options

I prefer choose saving i the bank. the risk is very small. even almost no risk.
little interest is not a problem, it is just a bonus. we just want to keep save

I agree with you two but there's always an option on everything then if you are a risk taker and you have enough money and you can get it again anyway, then go to investing but if you are not, just save it too bank so you got something to pull on in case of emergency.

uname

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Quote from: B for BTC on March 02, 2016, 04:56:55 PM

saving money is in a bank is less risky that investing but with very low interests.
while investing has a high risk and high potential profit. So I believe that it is better to gather between the two options

I prefer choose saving i the bank. the risk is very small. even almost no risk.
little interest is not a problem, it is just a bonus. we just want to keep save

B for BTC

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saving money is in a bank is less risky that investing but with very low interests.
while investing has a high risk and high potential profit. So I believe that it is better to gather between the two options

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Quote from: expert4knowledge on March 02, 2016, 04:12:20 PM

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

Inflation can eat your money if you do not investing at least you must save it using something like bitcoin or gold or.. that is some type of investing.

Yeah saving will not help you in long run, as you need to also calculate the inflation rate of future, so its better to invest a part of money into bitcoins or may be stocks.

expert4knowledge

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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

Inflation can eat your money if you do not investing at least you must save it using something like bitcoin or gold or.. that is some type of investing.

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Quote from: HarryKPeters on March 02, 2016, 10:32:10 AM

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

I think you are 100% right, making a real plan can help you for sure because you know exactly what you are going to do.
If you do both you will make sure money by the bitcoin or by saving, of course with the bitcoin you can make a lot more but its also more riskier.

When it comes to investing in bitcoin nothing is guaranteed as we never know where bitcoin will stand tomorrow, but if the luck favors then we can make a huge profit out of it, which no other investment can give us in that short period of time.

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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

I think you are 100% right, making a real plan can help you for sure because you know exactly what you are going to do.
If you do both you will make sure money by the bitcoin or by saving, of course with the bitcoin you can make a lot more but its also more riskier.

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