Topic: Is it better to save money or invest it? - page 59. (Read 1181232 times)
Saving money is always been better because no risk of losing it, But those people who always take the risk mostly are the successful one, too minimize the risk in investing just invest what you can afford to lose.
I think it is better to invest it specially if you don't really need the money right now,
I think you should invest it and gain some profit instead of just being stock in your pocket or your bank.
Just make sure that whatever investment you are going to do make sure to do some research so you wouldn't end up losing it.
I think you should invest it and gain some profit instead of just being stock in your pocket or your bank.
Just make sure that whatever investment you are going to do make sure to do some research so you wouldn't end up losing it.
I think both are very good but I personally prefer to invest one day will get big profit, if my money is not much maybe I save.
I think you need to have a balance.Below is the split for me after my household needs:
33% save .
33% invest.
33% for holidays
33% save .
33% invest.
33% for holidays
Saving in the bank is not that really helpful since banks always if not often times asks for charges for just safekeeping your money. It is not really practical and oftentomes, it is also painstalkingly troublesome to maintain. Investing a better option since you are technically using your earnings to produce more results. It is more efficient and more convenient to handle.
saving money in a bank is safer but money does not increase. if you want to earn extra money you should invest some of your money. certainly understand first before you invest.
Depending on the law of the bank in your country but in most countries I believe when you deposit you will be entitled to receivean interest income. However, you cannot just rely on the interest you will earn as it's not really a big amount of money, save to safe keep your money not to invest.
saving money in a bank is safer but money does not increase. if you want to earn extra money you should invest some of your money. certainly understand first before you invest.
for me its better to invest to save your money, if you invest your money like in the crypto coin. its possible your money makes multiples and make profitable income.. invest your money or buy a coin in crypto currency like bitcoin and hold as much you can. that my opinion, invest wait and earn.
Is it better to save money in bank or invest it online, in real estate or maybe gold?
If you think this is for the long term. You should make an investment. Because It's better to invest your money than just keep your money. Try to invest a bit of your money on bitcoin. For long term investment I think this is promising.
Is it better to save money in bank or invest it online, in real estate or maybe gold?
If you think this is for the long term. You should make an investment. Because It's better to invest your money than just keep your money. Try to invest a bit of your money on bitcoin. For long term investment I think this is promising.
I choose to invest because if investing in bitcoin then your money can increase let alone bitcoin prices down
I'm sure the bitcoin price will jump and you'll get more profit
I'm sure the bitcoin price will jump and you'll get more profit
Both,save some and invest some.So that if ever the investment did not work you have the savings.In that case you will not leave empty..
If you don't like to take risks, you can save your money investing your money may result to a loss, which is against the purpose of saving. but If you like a challenge, want to make a profit, know the risks
But holding money for a long time can also result to decrease its value. Although there is risk in investment, but still there are also good chances to increases your assets, because trading and investment are the two main source of income from where we can earn unlimited amount of money, but for success in trading and investment one may need to have good luck and some good experience and skill. My opinion for this is to inverse your money than saving. If you saving in bank means,you will get 10% maximum interest for holding of year.If you inverse the same money in bitcoin and hold for 1 years means, you will get 100% of invested money as a profit.
Investment will help us to make money while we are sleeping and that means that we will have a passive income and a passive income will be the key for us to make a lot more money in the future. If i were you, while you are investing, you should also make some savings in order to make back ups for your money if ever your investment will not do anything well.
Agree. When you invest money, and devise a passive income strategy, you would be able to grow your capital without having to work at all. The greater you invest, the greater the rewards will be, but be advised that the risk would be higher as well. The best way towards success here would be to combine both saving and investing. It's simple and if you propose yourself towards growing your capital, you'll be able to achieve peace of mind in the long term.
An emergency fund or backup plan is needed, just in case there's a collapse in the world's economy or something undesired happens in the future. When you save money and never touch it except for emergencies, you'll be able to gain control over your financial life and survive. On the other hand, when you invest, you'll be able to multiply your money over the long term allowing you to always have capital accessible in the times of need.
Banks are great for saving your money in the long term due to the security they provide. But you can also count on cryptocurrencies and invest your money into them to help grow your capital at a fast pace. Whatever you do, it's important that you keep in mind to never spend more than what you earn to avoid becoming bankrupt in the future. Just my opinion.
If you don't like to take risks, you can save your money investing your money may result to a loss, which is against the purpose of saving. but If you like a challenge, want to make a profit, know the risks
But holding money for a long time can also result to decrease its value. Although there is risk in investment, but still there are also good chances to increases your assets, because trading and investment are the two main source of income from where we can earn unlimited amount of money, but for success in trading and investment one may need to have good luck and some good experience and skill.
Just remember. We create path. Path does not make us. You can earn a lot or make good fortune only if your way works. But i prefer compound investment strategy. Liquidity is very much important. But whatever you do, do it smartly. Do not invest if you do not know much about any project and do not invest all of your money into same project
I think investment is a much better way. because money have to work, you know. So if there is possibilities that you can earn more profit than savings, saving your money in the bank is just a mater of putting your money at some risk, because you are not in control of your money, you entrust your money with the third party, in which they will use it for their own investment and which they will dictate how much interest rate you will get.
And the worst thing when the bank get bankrupt you will end up only getting the insurance guaranteed amount.
But with crypto risk is even worse, actually! But if you are ready the profits faar more better then in bank!
And the worst thing when the bank get bankrupt you will end up only getting the insurance guaranteed amount.
But with crypto risk is even worse, actually! But if you are ready the profits faar more better then in bank!
It depends on your money quantity and your thoughts snout investing. But I think it is better to invest them in trading or in online investing, I advice you to invest your money in crypto market, it is better to buy some of altcoins which seem to be promising and has a good potential I prefer to buy Deeponion, it is a good coin and desirves to be bought.
Is it better to save money in bank or invest it online, in real estate or maybe gold?
In my opinion, you better to invest it in a Bitcoin that might gives you so much return if you just be patient to wait and hold until you reached the desired income.
Investing in real estate will require huge capital to but that would be ok because that is in demand and one of the basic needs.
Putting money in a bank is ok but I don't like my money to just sleep at the bank that earns low interest.
It really depends on your skills and just check I what is feasible to investments that you wants to have.
If you don't like to take risks, you can save your money investing your money may result to a loss, which is against the purpose of saving. but If you like a challenge, want to make a profit, know the risks
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