Is it better to save money or invest it? - page 616.

bitsmichel

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Quote from: Rizky Aditya on December 17, 2015, 06:40:13 PM

Quote from: robelneo on December 17, 2015, 04:40:38 AM

Quote from: jerol31 on March 26, 2015, 08:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

I would prefer diversity there is no safe investment in this world but your key to get rich is investing either online or locally but it always pays to invest in your self you must become financial literate first before you get involve on investing and saving

There are some safe investments like gold and stuff. But the thing is, you just have to invest wisely. If you do this, you will for sure make money and not lose money.

This is the challenge: to invest wisely. If you do this you will make more money. If you save, you lose, because of inflation and negative interest rates.

BruceLee007

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if you are talking about the physical money that we usually have nowadays it is better to invest it in my opinion though if you are talking about bitcoins investing it would be extremely risky thing to do as the company can easily run away with your money

Pattart

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Prefer to invest it, you can grow your money by save money Cheesy

avw1982

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Quote from: expert4knowledge on December 17, 2015, 07:43:18 PM

If I have money I would invest it, if one invests money wisely they are saving it at the same but it is good to invest in different baskets.

But Investment based on the market value and price raising bitcoin value. But savings we can do at anytime and I am doing the savings only. After bitcoin reached some remarkable price then I will sell or invest my bitcoin in anything still savings is my focus.

bryant.coleman

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Quote from: expert4knowledge on December 17, 2015, 07:43:18 PM

If I have money I would invest it, if one invests money wisely they are saving it at the same but it is good to invest in different baskets.

There is no point in saving money, if your currency is not protected against inflation. Even established currencies such as the United States Dollar, the United Kingdom Pound and the Swiss Franc are vulnerable to inflation (normally at around 2% to 3% per year). Other currencies, such as the Venezuelan Bolivar and the Ukrainian Hryvnia fare much worse.

BTCdoctor

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Investing, because of inflation.

expert4knowledge

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If I have money I would invest it, if one invests money wisely they are saving it at the same but it is good to invest in different baskets.

Rizky Aditya

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Quote from: robelneo on December 17, 2015, 04:40:38 AM

Quote from: jerol31 on March 26, 2015, 08:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

I would prefer diversity there is no safe investment in this world but your key to get rich is investing either online or locally but it always pays to invest in your self you must become financial literate first before you get involve on investing and saving

There are some safe investments like gold and stuff. But the thing is, you just have to invest wisely. If you do this, you will for sure make money and not lose money.

Abiky

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Quote from: MyBTT on December 15, 2015, 11:10:37 PM

To invest it because you'l get interest on top of your savings as well

Make sure to choose a relatively low risk, safe investment though.

That is correct. And I have been doing this everyday to life a better life and have financial freedom. I only invest on assets or currencies that would survive in the long term (in this case Bitcoin). Later, I'm going to invest in Ripple, Stellar and Ethereum to serve a a long term investment towards the future.

knowhow

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The exchanges will lead into a loss or into a profit in the short time,the fact is that is risky to play exchanges better buy a small ammount montly and let them at the wallet.

dragansk1

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Saving money is good, anyway better than spending on things you don't need but only on long term, and it is good when you got in a moment of need for extra cash but investing for me is the real thing. Investing online now is so popular and you can really make good amount of money on not only gold, but on trading sites that are allowing to increase money if you are good. Investing money is having a risk itself of losing that money but who risk he won, that it. I can only say that what more money you invest, that more you can get, you do not have to be scared or afraid of losing them because the more positive your toughs are the more money you can magnetize to get. Good luck Wink

XinXan

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No one truly saves money. Why are you saving money anyways? To spend it later. No one saves money just to save it. If you are going to buy bitcoins, you are going to spend them at some point or trade them back into cash. Yeah you may hold for years but eventually like any investment you will have to sell back otherwise, what's the point?

znickelbackz

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We know that time is gold and money is time, better to invest with interest, after days goes by the money that you're going to saved will goes back to you.

knowhow

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Bitcoin may be the best option,but in other hand the price is changing a lot all days soo may be a nightmare,better invest wisely .Savings will generate a small income almost safe,investment can easy make those income in one day.

Amph

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Quote from: robelneo on December 17, 2015, 04:40:38 AM

Quote from: jerol31 on March 26, 2015, 08:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

I would prefer diversity there is no safe investment in this world but your key to get rich is investing either online or locally but it always pays to invest in your self you must become financial literate first before you get involve on investing and saving

i don't know, the onyl good investment right now seems bitcoin some other altcoin in top 10, like ethereum and the usual gold, so there is not much to diversificate

betetr to focus on the best one, surely don't live your fiat money doing nothing(with bitcoin this rule is not true) because, you can only lose their value

Rizky Aditya

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Definitely invest.

You will earn more money compared to saving money.

The 1 thing you have to do, is invest wisely.

HarryKPeters

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To invest in real estate needs a lot of capital. I would rather advice to start with some premium stocks or some obligations fund.
Start with the easy investments products and build your way up.

robelneo

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Quote from: jerol31 on March 26, 2015, 08:25:04 AM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

I would prefer diversity there is no safe investment in this world but your key to get rich is investing either online or locally but it always pays to invest in your self you must become financial literate first before you get involve on investing and saving

HarHarHar9965

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Quote from: MyBTT on December 15, 2015, 11:10:37 PM

To invest it because you'l get interest on top of your savings as well

Make sure to choose a relatively low risk, safe investment though.

Just not only interest in saving the bitcoin for invest for short term. Actually Very good and far better for a long term goal because According to satoshi's predication bitcoin doesn't scratch the ground also. So wait and save Invest wisely in future.

Blue_Tiger73

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Quote from: Loimu on December 15, 2015, 08:58:01 PM

Investing is always more wise than just saving your money on bank account. Is bitcoin the wise investment? That I cannot tell you. I believe in it and have invested in it.

Exactly. If you invest wisely, you will always gain money, which is better than just keeping your fiat. If you are not good at investing or you are just not bothered, just keep your money in a bank gaining interest.

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