Is it better to save money or invest it? - page 588.

Laosai

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Quote from: iamthesky on February 06, 2016, 05:26:37 PM

Quote from: Laosai on February 06, 2016, 03:57:39 PM

I don't understand your question.

It seems rather obvious for me:
saving: useless, you just store value waiting for... I don't know nothing probably, just in case
Investing: making the money move and getting more money in the end.

Of course don't invest blindly, but invest.

Investment involves risks, and very few of us can afford to take that risk, majority of the people would go for savings as they don't want to loose their money, savings can take care at the time of emergencies but the money you hold is limited.

In the end you'll have to decide what to do with those savings.
If you spend them well it's no longer savings, just delayed spendings.
If you gonna use them hoping for a return on investment then it's investment.

bolean785

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investment is a good step to safeguard our financial condition it's just that, we must be careful to choose a suitable investment with us.

eon89

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From what I've seen investments are better, but at the same time they are riskier and you have to be real smart about it. Both have their ups and downs.

makingwin1

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if you have lots of money of course invest it but if you are low on it i reccomend dont doing that .

doctor877

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Quote from: Struble on February 07, 2016, 08:16:21 AM

For me investing is the only way.
Sure saving, but with inflation and interest low, my money will become worth less. which is a shame.

Yeah making investments in diversified products is the right thing to do, as savings will not serve the purpose in long run, as you don't know what would be the inflation rate in future, so its better we take some risks and invest our money.

Struble

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For me investing is the only way.
Sure saving, but with inflation and interest low, my money will become worth less. which is a shame.

Zacudis

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Quote from: iamthesky on February 06, 2016, 05:26:37 PM

Quote from: Laosai on February 06, 2016, 03:57:39 PM

I don't understand your question.

It seems rather obvious for me:
saving: useless, you just store value waiting for... I don't know nothing probably, just in case
Investing: making the money move and getting more money in the end.

Of course don't invest blindly, but invest.

Investment involves risks, and very few of us can afford to take that risk, majority of the people would go for savings as they don't want to loose their money, savings can take care at the time of emergencies but the money you hold is limited.

Investment in bitcoin is too risky for old people. Investment with Bitcoin is even riskier. There are too many scams.

diodio5

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Quote from: Laosai on February 06, 2016, 03:57:39 PM

I don't understand your question.

It seems rather obvious for me:
saving: useless, you just store value waiting for... I don't know nothing probably, just in case
Investing: making the money move and getting more money in the end.

Of course don't invest blindly, but invest.

how about the risk for investment? of course you can not always be secure and receive money every week from your invest. of course there are risks. how about that ?

diegz

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Quote from: Laosai on February 06, 2016, 03:57:39 PM

I don't understand your question.

It seems rather obvious for me:
saving: useless, you just store value waiting for... I don't know nothing probably, just in case
Investing: making the money move and getting more money in the end.

Of course don't invest blindly, but invest.

though investing is risky, it is still a better option i think, but, never invest in just one investment site and put all coins in there, put it in several site, that way your investments risk of being lost is a bit low..

iamthesky

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Quote from: Laosai on February 06, 2016, 03:57:39 PM

I don't understand your question.

It seems rather obvious for me:
saving: useless, you just store value waiting for... I don't know nothing probably, just in case
Investing: making the money move and getting more money in the end.

Of course don't invest blindly, but invest.

Investment involves risks, and very few of us can afford to take that risk, majority of the people would go for savings as they don't want to loose their money, savings can take care at the time of emergencies but the money you hold is limited.

Laosai

sr. member

Activity: 462

Merit: 250

I don't understand your question.

It seems rather obvious for me:
saving: useless, you just store value waiting for... I don't know nothing probably, just in case
Investing: making the money move and getting more money in the end.

Of course don't invest blindly, but invest.

kacak41

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Quote from: WEBcreator on February 06, 2016, 12:54:32 PM

Quote from: Zacudis on February 05, 2016, 09:12:50 AM

For bitcoin owners, it is better to save now. There is not many place we can invest our bitcoin. There are quite a few scams around.

Bitcoin is an investment, you dont need to keep on multiplying your bitcoin but instead you should keep it safe for the future. Bitcoin is just like gold, people buy gold and keep it safe. No one is going to put their gold into an investment and multiply it. People should do the same to bitcoin as well because it is the same for both of them

But we also need circulation of bitcoins in the system, if there is circulation then the price would be much higher in the future, just keeping bitcoins idle is not the right thing do, more circulation will lead to more adapiton.

WEBcreator

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Quote from: Zacudis on February 05, 2016, 09:12:50 AM

For bitcoin owners, it is better to save now. There is not many place we can invest our bitcoin. There are quite a few scams around.

Bitcoin is an investment, you dont need to keep on multiplying your bitcoin but instead you should keep it safe for the future. Bitcoin is just like gold, people buy gold and keep it safe. No one is going to put their gold into an investment and multiply it. People should do the same to bitcoin as well because it is the same for both of them

fruitcommander

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Quote from: Zacudis on February 05, 2016, 09:12:50 AM

Quote from: jt byte on February 04, 2016, 02:35:26 PM

I think it's better if you go save. Saving win you just get money.
More than that you are going to invest. If you are going to invest you run a risk that you may lose money and you do not want.

Saving is safest, I think, because you lose nothing with it.

For bitcoin owners, it is better to save now. There is not many place we can invest our bitcoin. There are quite a few scams around.

Its better to hold our bitcoins for future rather then investing into ponzi schemes and loosing our all hard earned coins, So I would rather prefer to invest my money into bitcoins and wait for the right time to sell it off and make some money out of it.

pneumatic5

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Quote from: martinacar on February 05, 2016, 11:04:56 AM

I think it would be wiser if you save will save you money and going well. Or you'll also earn more money and you can not lose.
Investing can go wrong if you do it wrong. You may suddenly lose all your money if it does not go well.

Yeah but if your luck clicks then your investments can make you rich in a quick time, and saving cannot serve that purpose, saving is good for short term as savings can take care of you at the time of emergencies.

martinacar

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I think it would be wiser if you save will save you money and going well. Or you'll also earn more money and you can not lose.
Investing can go wrong if you do it wrong. You may suddenly lose all your money if it does not go well.

Zacudis

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Quote from: jt byte on February 04, 2016, 02:35:26 PM

I think it's better if you go save. Saving win you just get money.
More than that you are going to invest. If you are going to invest you run a risk that you may lose money and you do not want.

Saving is safest, I think, because you lose nothing with it.

For bitcoin owners, it is better to save now. There is not many place we can invest our bitcoin. There are quite a few scams around.

jt byte

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I think it's better if you go save. Saving win you just get money.
More than that you are going to invest. If you are going to invest you run a risk that you may lose money and you do not want.

Saving is safest, I think, because you lose nothing with it.

Dracov

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All depends on how old you are. In your twenties I would invest 90% save 10%. In 50s, obviously different thing.

lexuz

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Me, myself and I

Quote from: Pollak on February 04, 2016, 11:16:38 AM

I think its better to save your money so you have more money.
Its a waste if you going to invest. Because you can lose you money if you invest wrong.

i think you are don't want take a risk but how you make your money grow if you don't invest your money.

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