Is it better to save money or invest it? - page 635.

Laosai

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Quote from: pjsonowal on October 18, 2015, 09:59:32 PM

But invest in a way that one investment if got scammed then it is covered up by other investment

So basically you're saying that if we gonma invest, we will invest on a ponzi? Am I correct how I understand that quote? Sounds like a ponzi to me Cheesy

Just correct me if I am wrong.

Kevin77

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Quote from: pjsonowal on October 18, 2015, 09:59:32 PM

I say its better to save money... if you want to invest you can invest that is good too... But invest in a way that one investment if got scammed then it is covered up by other investment

Saving is the better options I agree. But if you save your money in bitcoin will make your money grow over time and you can get back your money in multiple times. Bitcoin has proven record of growth, so saving in bitcoin will be the wonderful choice to make your money to fly.

pjsonowal

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I say its better to save money... if you want to invest you can invest that is good too... But invest in a way that one investment if got scammed then it is covered up by other investment

jeffthebaker

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When it gets down to it, the answer to the question is simply a math equation. If your investment plan holds an ROI that exceeds the rate of interest, then you should invest. If interest exceeds the ROI, save. Of course, with super low interest rates practically globally, investing is certainly the superior option today.

cutesakura

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all depends on the level of inflation in a country, when the inflation rate is high then it would be better if we withdraw all our funds in banks and invest the its in the form of gold is more stable, we just left a few just to meet daily needs, whereas if the rate low inflation, the better we add to our savings due to the strengthening of regional currencies than the currency of another country

Mickeyb

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Move On !!!!!!

Quote from: Amph on October 18, 2015, 12:06:45 PM

Quote from: Winalunt on October 18, 2015, 10:37:48 AM

Quote from: Amph on October 18, 2015, 07:32:46 AM

Quote from: Winalunt on October 18, 2015, 06:48:54 AM

Quote from: Amph on October 18, 2015, 03:36:00 AM

saving it's only good in a form of investment, liek bitcoin for example, but if you just save in the bank you will lose money due to infaltion of 8%

what are you even speaking ? in which world do you see an inflation of 8% ? are you saying per decade ?
however you get the interests on savings or you can just FD or bond it so you dont lose anything out of price increase.

it seems that right now the inflation is negative, but in the past(2014) there was a 7.68 peak, so we say an everage of 2-3 per year, still to much to cover you saving by simply locking your funds in a bank, you will lose money every year

yeas ...i knew it was close to 3% per anum and how much are you geting from intersts or FD's ?
international rate of FD's is 10% to a lowest of 7% depending on the bank and country...still .

here in italy it's very low, around 1% maybe 2 with the best bank, so it's not worth it at all to leave your money doing nothing in a bank

In France that's 0.75% in all of the banks. Ridiculous, I have nothing more to say. I might as well hold my money at my house. Interest rates are closely following the inflation rate and are being adjusted by the inflation rate in France. Current inflation rate is under 0.75%.

European economy is pretty much falling apart!

knowhow

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Quote from: bryant.coleman on October 18, 2015, 01:04:53 PM

I was checking the exchange rates of a few of the major world currencies. Actually, saving seems to be a good option, with a few currencies such as the Japanese Yen. For example, if you had saved some 10,000 JPY in 2007 (worth $83), it would have been worth at least $130 in 2011. That is a 57% return in just 4 years. How many investments will give you that sort of return?

Well a safe return,as the banks now provide maybe no where,but at bitcoin world and altcoins its possible to make those in one day or one month or 1 year soo why to wait 4 years to do a thing that you can do alone and faster?

Investment is the fast way ,but as someone said already exchange can turn into a loss soo choose careful your options.

bryant.coleman

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I was checking the exchange rates of a few of the major world currencies. Actually, saving seems to be a good option, with a few currencies such as the Japanese Yen. For example, if you had saved some 10,000 JPY in 2007 (worth $83), it would have been worth at least $130 in 2011. That is a 57% return in just 4 years. How many investments will give you that sort of return?

Amph

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Quote from: Winalunt on October 18, 2015, 10:37:48 AM

Quote from: Amph on October 18, 2015, 07:32:46 AM

Quote from: Winalunt on October 18, 2015, 06:48:54 AM

Quote from: Amph on October 18, 2015, 03:36:00 AM

saving it's only good in a form of investment, liek bitcoin for example, but if you just save in the bank you will lose money due to infaltion of 8%

what are you even speaking ? in which world do you see an inflation of 8% ? are you saying per decade ?
however you get the interests on savings or you can just FD or bond it so you dont lose anything out of price increase.

it seems that right now the inflation is negative, but in the past(2014) there was a 7.68 peak, so we say an everage of 2-3 per year, still to much to cover you saving by simply locking your funds in a bank, you will lose money every year

yeas ...i knew it was close to 3% per anum and how much are you geting from intersts or FD's ?
international rate of FD's is 10% to a lowest of 7% depending on the bank and country...still .

here in italy it's very low, around 1% maybe 2 with the best bank, so it's not worth it at all to leave your money doing nothing in a bank

Winalunt

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Tell Me What A Man Is Without Pride .

Quote from: Amph on October 18, 2015, 07:32:46 AM

Quote from: Winalunt on October 18, 2015, 06:48:54 AM

Quote from: Amph on October 18, 2015, 03:36:00 AM

saving it's only good in a form of investment, liek bitcoin for example, but if you just save in the bank you will lose money due to infaltion of 8%

what are you even speaking ? in which world do you see an inflation of 8% ? are you saying per decade ?
however you get the interests on savings or you can just FD or bond it so you dont lose anything out of price increase.

it seems that right now the inflation is negative, but in the past(2014) there was a 7.68 peak, so we say an everage of 2-3 per year, still to much to cover you saving by simply locking your funds in a bank, you will lose money every year

yeas ...i knew it was close to 3% per anum and how much are you geting from intersts or FD's ?
international rate of FD's is 10% to a lowest of 7% depending on the bank and country...still .

MinerHQ

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Quote from: Amph on October 18, 2015, 03:36:00 AM

Quote from: MinerHQ on October 17, 2015, 11:01:46 AM

Quote from: TTMNewsMJ on October 17, 2015, 07:18:57 AM

It is better to invest to bitcoin.
Hold all your bitcoins and wait til the price becomes higher.

Both saving and investing are good. Some portion of of saving should invest for Long term profits and to overcome inflation

saving it's only good in a form of investment, liek bitcoin for example, but if you just save in the bank you will lose money due to infaltion of 8%

so no , you must invest to save later, there is no option

I confused with your explanation. If you need a immediate cash for some thing then bank saving is the best option. Investments will not give you immediate cash so both savings and investments are needed.

Amph

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Quote from: Winalunt on October 18, 2015, 06:48:54 AM

Quote from: Amph on October 18, 2015, 03:36:00 AM

saving it's only good in a form of investment, liek bitcoin for example, but if you just save in the bank you will lose money due to infaltion of 8%

what are you even speaking ? in which world do you see an inflation of 8% ? are you saying per decade ?
however you get the interests on savings or you can just FD or bond it so you dont lose anything out of price increase.

it seems that right now the inflation is negative, but in the past(2014) there was a 7.68 peak, so we say an everage of 2-3 per year, still to much to cover you saving by simply locking your funds in a bank, you will lose money every year

randy8777

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Quote from: dragansk1 on October 17, 2015, 06:14:05 PM

I think that if you have money and if you have good idea for new business better is to invest them. With a good idea you can always succeed in a new business. Cheesy

whatever you do, there is always a certain risk involved. investing in your own idea for a business startup might work out well, but only if you are 100% going for it. a lot people don't have what it takes to start.

Winalunt

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Tell Me What A Man Is Without Pride .

Quote from: Amph on October 18, 2015, 03:36:00 AM

saving it's only good in a form of investment, liek bitcoin for example, but if you just save in the bank you will lose money due to infaltion of 8%

what are you even speaking ? in which world do you see an inflation of 8% ? are you saying per decade ?
however you get the interests on savings or you can just FD or bond it so you dont lose anything out of price increase.

Amph

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Quote from: MinerHQ on October 17, 2015, 11:01:46 AM

Quote from: TTMNewsMJ on October 17, 2015, 07:18:57 AM

It is better to invest to bitcoin.
Hold all your bitcoins and wait til the price becomes higher.

Both saving and investing are good. Some portion of of saving should invest for Long term profits and to overcome inflation

saving it's only good in a form of investment, like bitcoin for example, but if you just save in the bank you will lose money due to infaltion of 8%

so no , you must invest to save later, there is no option

Kevin77

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Quote from: dragansk1 on October 17, 2015, 06:14:05 PM

I think that if you have money and if you have good idea for new business better is to invest them. With a good idea you can always succeed in a new business. Cheesy

In my opinion both saving and investing are same and will produce same results over time.
People think saving will not make money to grow. Save in gold or bitcoin. Then your money will grow. Investment is a kind of saving which may incur any potential risks. Even saving also has that problems. Save in wise way which is equivalent to investing.

dragansk1

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I think that if you have money and if you have good idea for new business better is to invest them. With a good idea you can always succeed in a new business. Cheesy

MinerHQ

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Quote from: TTMNewsMJ on October 17, 2015, 07:18:57 AM

It is better to invest to bitcoin.
Hold all your bitcoins and wait til the price becomes higher.

Both saving and investing are good. Some portion of of saving should invest for Long term profits and to overcome inflation

CasioK

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In my opinion, money will not grow in our safety locker or box whereas any kind of investment will grow over time. But the rate of growth differs from investment to investment. I see bitcoin is a good investment so saving in bitcoin will make our money to grow over time and rate of growth also would be more attractive.

twister

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Quote from: TTMNewsMJ on October 17, 2015, 07:18:57 AM

It is better to invest to bitcoin.
Hold all your bitcoins and wait til the price becomes higher.

And what if it doesn't? Like all investments BTC has it's risks too, nothing is for sure and no one can say for sure that the price will go higher in future, although it might but the chances of it moving both ways is almost equal and an investor should be aware of that. But if you use it just as a currency, buy it - spend it - buy again then the price doesn't matter with minor ups and downs.

Topic: Is it better to save money or invest it? - page 635. (Read 1181208 times)