Is it better to save money or invest it? - page 650.

HarHarHar9965

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Quote from: deisik on September 04, 2015, 05:39:52 AM

Quote from: Amph on September 04, 2015, 02:34:16 AM

Quote from: deisik on September 03, 2015, 11:58:38 AM

Quote from: Amph on September 03, 2015, 11:51:06 AM

no i can understand it, as i said before to each his own, but it is something that i would never do, because i find it useless

In this case, did it never strike you that the ones who enjoy the process itself are usually better off beside those who find earning money boring as such (whether they spend later or not, I have to repeat this)?

yeah it's probably the reason why i'm not so good at treading, well another reason is because i don't like randomness, but we are always there, the same argument i would not care about them being better at something which i find useless in case i've already many of it

Randomness in trading means volatility, but every good trader loves volatility (since it provides an opportunity for profit)

well said, who'd really invest in bitcoin if it was so volatile? Volatility also kills of appreciation in investments and kills a lot of room for profit, if anybody who is really scared of volatility, bitcoin might not be the one who'd break a deal for em. For such cautous investors, there's bank deposits but looking at inflation, LOL. Govt bonds might be the safest way but the slowest way

deisik

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Quote from: Amph on September 04, 2015, 02:34:16 AM

Quote from: deisik on September 03, 2015, 11:58:38 AM

Quote from: Amph on September 03, 2015, 11:51:06 AM

no i can understand it, as i said before to each his own, but it is something that i would never do, because i find it useless

In this case, did it never strike you that the ones who enjoy the process itself are usually better off beside those who find earning money boring as such (whether they spend later or not, I have to repeat this)?

yeah it's probably the reason why i'm not so good at treading, well another reason is because i don't like randomness, but we are always there, the same argument i would not care about them being better at something which i find useless in case i've already many of it

Randomness in trading means volatility, but every good trader loves volatility (since it provides an opportunity for profit)

smith coins

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Quote from: Nautiluss on September 01, 2015, 04:59:43 PM

Quote from: smith coins on August 29, 2015, 06:33:36 AM

Quote from: MinerHQ on August 28, 2015, 09:28:46 PM

Quote from: Yerm on August 28, 2015, 08:06:28 PM

saving money is better imo. investing is a lot riskier but could potentially yield better results.

You should save first to invest money. From your saving based on your risk factor some portion need to invest for long term appreciation.

Saving -> Investing -> The profit or the Loss this is the cycle. If we have profit we invest again and again, everything is risky.

Its a matter of if the game or the system you chose is in your favor.

And it should be implied for everything we do in finance, most people dont get that so everythings consider not reducing the risk they take.

As less risk as you take the profit i think will be the less too, this is the life you should risk to win

Amph

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Quote from: deisik on September 03, 2015, 11:58:38 AM

Quote from: Amph on September 03, 2015, 11:51:06 AM

Quote from: deisik on September 03, 2015, 11:48:53 AM

Quote from: Amph on September 03, 2015, 10:18:22 AM

Quote from: deisik on September 03, 2015, 10:15:14 AM

Quote from: Amph on September 03, 2015, 10:13:03 AM

well but you have a purpose, to invest later, here we are talking about the simply accumulation of money without using even a penny for anything

If I remember your words correctly, you started by saying that earning is not fun, right?

In short, would you choose earning with fun or prefer to earn boringly?

earning per se, without using it to actually buying something, it just doesn't make sense to me, because money are meant to be spent in the end, like you buy an hair clipper, but you let it sit there in your room without using it and so on..

So it is beyond your comprehension that some (though I guess many actually) can derive pleasure (fun, in your terms) from the process itself, irrespective of further expenditure (or lack thereof)?

no i can understand it, as i said before to each his own, but it is something that i would never do, because i find it useless

In this case, did it never strike you that the ones who enjoy the process itself are usually better off beside those who find earning money boring as such (whether they spend later or not, I have to repeat this)?

yeah it's probably the reason why i'm not so good at treading, well another reason is because i don't like randomness, but we are always there, the same argument i would not care about them being better at something which i find useless in case i've already many of it

goosoodude

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Quote from: hardtime on September 03, 2015, 12:24:41 PM

better keep and save it so it will stay safe. when you invest it, there's a lot of risk , if you're unlucky , you'll end up losing all your money.

Not if you know what you're doing before running into investment. There are a bunch of options that don't have that much of a risk to experienced ones, but
it's true that risk grows proportionally to gains, so it's best not to be greedy when choosing an investment.
I would always choose investment over pure on holding and stashing, not only does it's likely to make a profit, but it's dynamical and interesting as well.

Hugroll

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investings a better choice if theres no risk,although that could mean the returns would be small. saving is not worth imo because inflation rate is always higher than the banks interest rate.

hardtime

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Make winning bets on sports with Sportsbet.io!

better keep and save it so it will stay safe. when you invest it, there's a lot of risk , if you're unlucky , you'll end up losing all your money.

deisik

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Quote from: Amph on September 03, 2015, 11:51:06 AM

Quote from: deisik on September 03, 2015, 11:48:53 AM

Quote from: Amph on September 03, 2015, 10:18:22 AM

Quote from: deisik on September 03, 2015, 10:15:14 AM

Quote from: Amph on September 03, 2015, 10:13:03 AM

well but you have a purpose, to invest later, here we are talking about the simply accumulation of money without using even a penny for anything

If I remember your words correctly, you started by saying that earning is not fun, right?

In short, would you choose earning with fun or prefer to earn boringly?

earning per se, without using it to actually buying something, it just doesn't make sense to me, because money are meant to be spent in the end, like you buy an hair clipper, but you let it sit there in your room without using it and so on..

So it is beyond your comprehension that some (though I guess many actually) can derive pleasure (fun, in your terms) from the process itself, irrespective of further expenditure (or lack thereof)?

no i can understand it, as i said before to each his own, but it is something that i would never do, because i find it useless

In this case, did it never strike you that the ones who enjoy the process itself are usually better off beside those who find earning money boring as such (whether they spend later or not, I have to repeat this)?

Amph

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Quote from: deisik on September 03, 2015, 11:48:53 AM

Quote from: Amph on September 03, 2015, 10:18:22 AM

Quote from: deisik on September 03, 2015, 10:15:14 AM

Quote from: Amph on September 03, 2015, 10:13:03 AM

well but you have a purpose, to invest later, here we are talking about the simply accumulation of money without using even a penny for anything

If I remember your words correctly, you started by saying that earning is not fun, right?

In short, would you choose earning with fun or prefer to earn boringly?

earning per se, without using it to actually buying something, it just doesn't make sense to me, because money are meant to be spent in the end, like you buy an hair clipper, but you let it sit there in your room without using it and so on..

So it is beyond your comprehension that some (though I guess many actually) can derive pleasure (fun, in your terms) from the process itself, irrespective of further expenditure (or lack thereof)?

no i can understand it, as i said before to each his own, but it is something that i would never do, because i find it useless

deisik

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Quote from: Amph on September 03, 2015, 10:18:22 AM

Quote from: deisik on September 03, 2015, 10:15:14 AM

Quote from: Amph on September 03, 2015, 10:13:03 AM

well but you have a purpose, to invest later, here we are talking about the simply accumulation of money without using even a penny for anything

If I remember your words correctly, you started by saying that earning is not fun, right?

In short, would you choose earning with fun or prefer to earn boringly?

earning per se, without using it to actually buying something, it just doesn't make sense to me, because money are meant to be spent in the end, like you buy an hair clipper, but you let it sit there in your room without using it and so on..

So it is beyond your comprehension that some (though, I guess, many actually) can derive pleasure (fun, in your terms) from the process itself, irrespective of further expenditure (or lack thereof)?

Amph

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Quote from: deisik on September 03, 2015, 10:15:14 AM

Quote from: Amph on September 03, 2015, 10:13:03 AM

Quote from: actmyname on September 03, 2015, 08:51:39 AM

Quote from: Amph on September 03, 2015, 08:37:39 AM

Quote from: deisik on September 03, 2015, 07:33:04 AM

Besides that, there are a lot of things which are massively useless (or even outright harmful) but nevertheless still fun

well we have a different view to this thing, i don't find fun something which can be also useless , if something is truly fun it can't be useless for me

on this specific matter simply accumulating money without a purpose would not be a thing that i would consider fun, but to each his own...

to have an example of this, it's basically like accumulating many phone numbers of hot girls, without trying to fuck any of them, i would find this pretty pointless lol

I like the thought of becoming richer by saving up a medium-sized amount of money, then later investing it into all sorts of things. This wouldn't work in your analogy, though. I wouldn't be saving up phone numbers to get an even hotter girl Tongue

well but you have a purpose, to invest later, here we are talking about the simply accumulation of money without using even a penny for anything

If I remember your words correctly, you started by saying that earning is not fun, right?

In short, would you choose earning with fun or prefer to earn boringly?

earning per se, without using it to actually buying something, it just doesn't make sense to me, because money are meant to be spent in the end, like you buy an hair clipper, but you let it sit there in your room without using it and so on..

i would choose to earn with fun obvious, in the sense that if i want to earn bitcoin i would mine and not post 50 post a day, because i find mining very funny, especially altcoin, when it was profitable

but what i'm saying is that if i don't need to accumulate more bitcoin, i would simply not choose any way to earn more, i wouldn't do it only because i like mining, there must be a purpose for me to accumulate more money than what i need for living a good life

btc-facebook

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Quote from: oxiyusuf on September 03, 2015, 05:18:29 AM

Quote from: avatar_kiyoshi on September 03, 2015, 03:50:48 AM

Quote from: lastuser on September 02, 2015, 03:34:24 PM

For me, i will just save it in a secured place rather than investing it. There's a high risk on investing, it's like gambling

I think it's depends on where you want to invest, you need to research first when you want to invest somewhere. at least your money which you save, you will spend it for your needs.

yes, this is because a lot of fraud, and at worst is that you lose all bticoin you have,.

AFAIK even secure place like bank can be collapse too. On my country I have bank that collapse or bail out because some of conspiracy.
So I can't tell not all place is secure but still the best place to save your money is decide by yourself

deisik

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Quote from: Amph on September 03, 2015, 10:13:03 AM

Quote from: actmyname on September 03, 2015, 08:51:39 AM

Quote from: Amph on September 03, 2015, 08:37:39 AM

Quote from: deisik on September 03, 2015, 07:33:04 AM

Besides that, there are a lot of things which are massively useless (or even outright harmful) but nevertheless still fun

well we have a different view to this thing, i don't find fun something which can be also useless , if something is truly fun it can't be useless for me

on this specific matter simply accumulating money without a purpose would not be a thing that i would consider fun, but to each his own...

to have an example of this, it's basically like accumulating many phone numbers of hot girls, without trying to fuck any of them, i would find this pretty pointless lol

I like the thought of becoming richer by saving up a medium-sized amount of money, then later investing it into all sorts of things. This wouldn't work in your analogy, though. I wouldn't be saving up phone numbers to get an even hotter girl Tongue

well but you have a purpose, to invest later, here we are talking about the simply accumulation of money without using even a penny for anything

If I remember your words correctly, you started by saying that earning is not fun (for you), right?

In short, would you choose earning with fun or prefer to earn boringly?

Amph

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Quote from: actmyname on September 03, 2015, 08:51:39 AM

Quote from: Amph on September 03, 2015, 08:37:39 AM

Quote from: deisik on September 03, 2015, 07:33:04 AM

Besides that, there are a lot of things which are massively useless (or even outright harmful) but nevertheless still fun

well we have a different view to this thing, i don't find fun something which can be also useless , if something is truly fun it can't be useless for me

on this specific matter simply accumulating money without a purpose would not be a thing that i would consider fun, but to each his own...

to have an example of this, it's basically like accumulating many phone numbers of hot girls, without trying to fuck any of them, i would find this pretty pointless lol

I like the thought of becoming richer by saving up a medium-sized amount of money, then later investing it into all sorts of things. This wouldn't work in your analogy, though. I wouldn't be saving up phone numbers to get an even hotter girl Tongue

well but you have a purpose, to invest later, here we are talking about the simply accumulation of money without using even a penny for anything

Quote from: deisik on September 03, 2015, 10:09:53 AM

Spending is a given, don't forget what I said. But since spending is fun, then you need to make earning into a fun too, in order to provide means for even wilder spending (more fun). And you get twice as much fun in the end, lol (while earning and while spending)...

Is it really so hard to understand?

it's not hard to understand, it simply that i don't find fun, accumulating and not using my money, that's it

deisik

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Quote from: Amph on September 03, 2015, 08:37:39 AM

Quote from: deisik on September 03, 2015, 07:33:04 AM

Besides that, there are a lot of things which are massively useless (or even outright harmful) but nevertheless still fun

well we have a different view to this thing, i don't find fun something which can be also useless , if something is truly fun it can't be useless for me

on this specific matter simply accumulating money without a purpose would not be a thing that i would consider fun, but to each his own...

to have an example of this, it's basically like accumulating many phone numbers of hot girls, without trying to fuck any of them, i would find this pretty pointless lol

Spending is a given, don't forget what I said. But since spending is fun, then you need to make earning into a fun too, in order to provide means for even wilder spending (more fun). And you get twice as much fun in the end, lol (while earning and while spending)...

Is it really so hard to understand?

actmyname

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Quote from: Amph on September 03, 2015, 08:37:39 AM

Quote from: deisik on September 03, 2015, 07:33:04 AM

Besides that, there are a lot of things which are massively useless (or even outright harmful) but nevertheless still fun

well we have a different view to this thing, i don't find fun something which can be also useless , if something is truly fun it can't be useless for me

on this specific matter simply accumulating money without a purpose would not be a thing that i would consider fun, but to each his own...

to have an example of this, it's basically like accumulating many phone numbers of hot girls, without trying to fuck any of them, i would find this pretty pointless lol

I like the thought of becoming richer by saving up a medium-sized amount of money, then later investing it into all sorts of things. This wouldn't work in your analogy, though. I wouldn't be saving up phone numbers to get an even hotter girl Tongue

Amph

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Quote from: deisik on September 03, 2015, 07:33:04 AM

Besides that, there are a lot of things which are massively useless (or even outright harmful) but nevertheless still fun

well we have a different view to this thing, i don't find fun something which can be also useless , if something is truly fun it can't be useless for me

on this specific matter simply accumulating money without a purpose would not be a thing that i would consider fun, but to each his own...

to have an example of this, it's basically like accumulating many phone numbers of hot girls, without trying to fuck any of them, i would find this pretty pointless lol

MinerHQ

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Quote from: oxiyusuf on September 03, 2015, 05:18:29 AM

Quote from: avatar_kiyoshi on September 03, 2015, 03:50:48 AM

Quote from: lastuser on September 02, 2015, 03:34:24 PM

For me, i will just save it in a secured place rather than investing it. There's a high risk on investing, it's like gambling

I think it's depends on where you want to invest, you need to research first when you want to invest somewhere. at least your money which you save, you will spend it for your needs.

yes, this is because a lot of fraud, and at worst is that you lose all bticoin you have,.

Why need to research so much if you don't know where to invest then go with well know save investment for long term gold. Surely it will appreciate in the long run.

deisik

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Besides that, there are a lot of things which are massively useless (or even outright harmful) but nevertheless still fun

deisik

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Activity: 3486

Merit: 1280

English ⬄ Russian Translation Services

Quote from: Amph on September 03, 2015, 06:54:43 AM

Quote from: deisik on September 03, 2015, 05:18:04 AM

Quote from: Amph on September 03, 2015, 03:01:28 AM

Quote from: lissandra on September 02, 2015, 07:36:15 PM

I think theres no point if you dont save money.

At a certain point in time when you make a ton of money, youre going to park it somewhere.

at that point i'm sure you would not need to make money anymore, everyone should have a threshold in the end

and aside from this you should use your money to have fun, otherwise why bothering with becoming rich?

Because becoming rich is fun per se, wtf. If it ain't, then you are using the wrong tools or approach

dunno i don't find it fun per se, i only find fun being able to buy everything that i want with the money, without the need to buy things money are useless, because it's like you can't use them

The necessity to buy things is a given, so it is irrelevant to the point I'm trying to make (whether money is useless or not)

As I said, it is not fun since you're using a wrong approach. To better understand my point, you can look at this from another angle, that is, unless you get fun earning money (you name the process by which you actually get your pockets filled, lol), you won't be able to become rich (by your own effort, evidently)...

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