Is it better to save money or invest it? - page 628.

HarryKPeters

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Quote from: ultimatesky on November 25, 2015, 11:53:01 AM

Quote from: h0w8rd on November 24, 2015, 02:20:20 PM

you can't get rich my saving alone.

It depends on what your goals are, mine is 50/50. 50% of my extra I save and the other 50% invest in BTC and Stocks

Of course not, you can save and invest at the same time. But on the other hand you could also keep working and saving up that way. I'd rather do 80/20 so if i'll lose, it won't be that much. It might take me longer to reach my goal but it's better to be safe than sorry later on.

Saving some, and investing some to spread risk.

Spreading risk is mandatory when you deal with money. It's a smart man's game!

ultimatesky

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Quote from: h0w8rd on November 24, 2015, 02:20:20 PM

you can't get rich my saving alone.

It depends on what your goals are, mine is 50/50. 50% of my extra I save and the other 50% invest in BTC and Stocks

Of course not, you can save and invest at the same time. But on the other hand you could also keep working and saving up that way. I'd rather do 80/20 so if i'll lose, it won't be that much. It might take me longer to reach my goal but it's better to be safe than sorry later on.

nekochan05

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Quote from: jerol31 on March 26, 2015, 07:25:04 AM

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

if you have a lot of money i prefer suggest to invest in real estate and land, the value of building and land always grow up but it is a long term investment type
if you like more stable investment type with some money, gold is the best choice..
invest it online is a risky think to do, there are so many danger scams, invest it with trading cryptocurrency or invest it in real market is better choices

if you want your money give pasive income for you, saving money in bank is the wrong choice.. bank always give low percentase of profit and take many kind of fee for their service

harizen

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You can't save some money if there's no source of that money you received. So what to do? Have a reliable source of income- work, investing in business etc.

You will have some additional money now. The only problem now is how you will educate yourself to save it.

dollarneed

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Quote from: Yaunfitda on November 25, 2015, 09:47:01 AM

For fiat, it is better to invest it to earn some interst or income as the value will decrease over the time. For bitcoin you can save it. The value increases for every 3 year period so far.

saving bitcoin itself is better way to invest money, the volatile nature of bitcoin can increase your money or decrease but the important thing is we should know when supposed to buy or sell it,
yeah buy low and sell high is the key

Denker

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Quote from: TTMNewsMJ on November 25, 2015, 02:00:38 AM

It is better to invest.
So your money will not just stuck up.

It depends how you invest, where you invest and when you invest.
And investing in these days can be a pain in the ass cause many markets are really rigged.
So inform yourself as much as you can before making a dumb decision.

Yaunfitda

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For fiat, it is better to invest it to earn some interst or income as the value will decrease over the time. For bitcoin you can save it. The value increases for every 3 year period so far.

knowhow

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Savings will return only a good ammount for big accounts,soo you must if not belong to that group consider invest maybe at bitcoin that has a good volatility and interest should increase on the next years even if not well we keep see bitcoin up and down.

Altynbekova

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The interest is very low these day, so yes go for an investment.

Usually stocks or speculations on bitcoin price can be profitable.

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Quote from: TTMNewsMJ on November 25, 2015, 02:00:38 AM

It is better to invest.
So your money will not just stuck up.

+1
Investing is of course better...but where?

TTMNewsMJ

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It is better to invest.
So your money will not just stuck up.

Nunu

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Quote from: forzendiablo on November 24, 2015, 12:03:27 AM

always better to invest than save Wink

read bible!

Do you mean read about "Parable of the Talents"?

But don't forget about Proverbs 30:25.. Cheesy

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Quote from: Newcoins2020 on November 24, 2015, 05:40:10 PM

The risktakers should invest it into some new ventures. Me is a safe person so i try to safe as much as i can.

This question is related more to the field of philosophy and is solved for each person differently. Investments do not always mean risk.

Newcoins2020

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The risktakers should invest it into some new ventures. Me is a safe person so i try to safe as much as i can.

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I would not want to do the 50/50 split either. I don't even think high school math/economic teachers even teach their students to do this anymore either.
Retirement savings have gone out the window since it all goes to the government in taxes in the end anyways.
I would say invest into good products or look into buying stocks in to tech market. Those will never be bad investments.

lissandra

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Quote from: secone on November 24, 2015, 03:33:42 AM

Quote from: Heartilly on November 24, 2015, 03:26:19 AM

Saving and investing money is partner and one must perform in order to achieve success in both.

So while investing, have a portion of your savings to place in safe investments.

okey save 50% and invest 50%
so if you lose your invest you still have back up to try other invest Roll Eyes

the whole 50/50 approach i think is a diaster waiting to happen..

I mean you mentioned if the investment goes bad you got 50% remaining money to work with.. of splitting risk. I personally think it should be 5% of good solid returns then the 50%.

And the 5% is from the right picks.

jt byte

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Investing is high risk too in my opinion. Saving on a high invest rate account is the safest way to do it is my strong suggestion if you don't like to take any risk what so ever.

h0w8rd

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you can't get rich my saving alone.

It depends on what your goals are, mine is 50/50. 50% of my extra I save and the other 50% invest in BTC and Stocks

Mr. Forum

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I can say that all the three methods have their advantages and disadvantages that you need to know before you decided to land on any of them. I will however say that it is good to invest your money in bitcoins. The reason for this is because the coins ha a very high potential to grow. Even though it is experiencing challenges today, there are lots of hope for the digital currency. It will be of great importance in the near future when accepted as the formal currency to make transactions.

ultimatesky

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SkyFall

If you have money saved, there's gotta be a reason why you were saving up for.

If it's just sitting there you might as well invest it into something like bitcoin. Better to invest and make some nice profits out of it while it's just sitting there.

Topic: Is it better to save money or invest it? - page 628. (Read 1181233 times)