Is it better to save money or invest it? - page 655.

Don007

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Quote from: oxiyusuf on August 27, 2015, 05:50:48 AM

Saving it to bitcoins and play trading in exchanger, and holding it,buying or selling till prices fluctuate are a better prospect, you can invest in property and gold as well when the markets are volatile,or even investing in very lucrative business,which stand to give you greater gains than keeping it in a bank

I won't advice anyone to invest in Bitcoin, gold or lucrative business if they do not have any spare money: these markets are still volatile. And, especially if you invest in for example real estate, it is not easy to get back your money when you need it. In that situation, it is better for people to save money on a bank account for in case they need it (to cover unexpected costs). As soon as people got a decent amount of spare money (and therefore be able to cover possible unexpected cost), then someone can look into investing..

Dotakels

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Quote from: wicks on August 27, 2015, 05:35:26 AM

Any normal person is going to need to save for at least a year to have a decent stack to invest with. Investing small time money is simply not worth it. I would say around 1500 USD is a good deposit to start with. But saving 1500 USD for most people is not easy, since only a couple USD can be saved after bills and expenses.

Yeah youre right now too easy its take a long time to save a big money like that, for someone who has a job with only minimum salary, and don't have any side earnings like bitcoin can't do that. But its more possible that you can earn if you invest your money and not only to save.

oxiyusuf

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Saving it to bitcoins and play trading in exchanger, and holding it,buying or selling till prices fluctuate are a better prospect, you can invest in property and gold as well when the markets are volatile,or even investing in very lucrative business,which stand to give you greater gains than keeping it in a bank

wicks

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Any normal person is going to need to save for at least a year to have a decent stack to invest with. Investing small time money is simply not worth it. I would say around 1500 USD is a good deposit to start with. But saving 1500 USD for most people is not easy, since only a couple USD can be saved after bills and expenses.

Miracal

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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?

The best thing to do is to divide your money, one share can be kept as savings and you can invest the rest. The savings can be further divided into two and one part can be turned into fixed deposits to reap interest and the rest as basic savings for safe play. The share left for investments can be split into real estate and bitcoins, investing in gold is no good anymore.

dinda22

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better invest in bitcoin, because now is the time to buy bitcoin. I believe bitcoin will go up, so you have a very small risk.

RealBitcoin

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Quote from: HarHarHar9965 on August 27, 2015, 12:30:47 AM

Quote from: RealBitcoin on August 26, 2015, 11:26:59 PM

Quote from: micky123 on August 26, 2015, 09:59:31 PM

There is another angle to this. It is not easy for foreigners to purchase real estate in other countries. There are usually some clauses associated, for example: The person needs to be in a particular country for a minimum of 6 months or so before they can purchase immovable assets like land, home or an apartment. Add to this South east asian countries are absolutely infamous for red tape and just generally, making life difficult for foreigners. Even if he has 100K with him, i guess he rather diversify his investments into various asset classes and if real estate is one of them, buy it in his own country after doing proper research to ensure he is not buying into a bubble!

Well then those idiot politicians will miss out of billions of dollars of foreign investments.

Whereas countries with less red tape and more friendly to foreigners, will become the next Hong Kong. We all know that taxes and regulations fuck up the economies, so the first country's politicians who realize that will be the next safe haven in the 21 century.

I`d look for Singapore and Thailand, they are probably not the cheapest, but they have a stable society, whereas many asian countries could have a revolution in the queue.

Real estate is a tricky business altogether, its mechanics and integrating it with world economics can only draw more speculations. Speaking about Singapore, they have pretty cool infrastructure, strongest banking system and also has the fourth largest exchange system in the world. Best financial sector, inflation is low around 1.9 and we all know about how much money Singapore gets from tourism; plenty!

No its not speculation at all, looks like some idiot politicians cant differentiate economic growth from speculation.

When you let people buy property (estate) without limits, you just let the long awaited demand out of its prison box and fill the supply.

There are many tourists, businessman that want to buy secondary or third homes or mansions in beautiful beachside places or whatever.

Even if speculators go in for the money too, if the demand is on then its no reason for the price to collapse. The problem is when the banks intentionally give out 0% interests to intentionally pump up the prices so that they can profit.

But that is the fiat systems fundamental problem, not speculation in general.

Otherwise estate prices have a long term uptrend because new people are being born and they all need homes. Real estate's real growth is probably 80% correlated with population & income growth. (Except in a crazy keynesian world where everybody can get loans created out of thin air to speculate)

HarHarHar9965

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Quote from: RealBitcoin on August 26, 2015, 11:26:59 PM

Quote from: micky123 on August 26, 2015, 09:59:31 PM

There is another angle to this. It is not easy for foreigners to purchase real estate in other countries. There are usually some clauses associated, for example: The person needs to be in a particular country for a minimum of 6 months or so before they can purchase immovable assets like land, home or an apartment. Add to this South east asian countries are absolutely infamous for red tape and just generally, making life difficult for foreigners. Even if he has 100K with him, i guess he rather diversify his investments into various asset classes and if real estate is one of them, buy it in his own country after doing proper research to ensure he is not buying into a bubble!

Well then those idiot politicians will miss out of billions of dollars of foreign investments.

Whereas countries with less red tape and more friendly to foreigners, will become the next Hong Kong. We all know that taxes and regulations fuck up the economies, so the first country's politicians who realize that will be the next safe haven in the 21 century.

I`d look for Singapore and Thailand, they are probably not the cheapest, but they have a stable society, whereas many asian countries could have a revolution in the queue.

Real estate is a tricky business altogether, its mechanics and integrating it with world economics can only draw more speculations. Speaking about Singapore, they have pretty cool infrastructure, strongest banking system and also has the fourth largest exchange system in the world. Best financial sector, inflation is low around 1.9 and we all know about how much money Singapore gets from tourism; plenty!

RealBitcoin

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Quote from: micky123 on August 26, 2015, 09:59:31 PM

There is another angle to this. It is not easy for foreigners to purchase real estate in other countries. There are usually some clauses associated, for example: The person needs to be in a particular country for a minimum of 6 months or so before they can purchase immovable assets like land, home or an apartment. Add to this South east asian countries are absolutely infamous for red tape and just generally, making life difficult for foreigners. Even if he has 100K with him, i guess he rather diversify his investments into various asset classes and if real estate is one of them, buy it in his own country after doing proper research to ensure he is not buying into a bubble!

Well then those idiot politicians will miss out of billions of dollars of foreign investments.

Whereas countries with less red tape and more friendly to foreigners, will become the next Hong Kong. We all know that taxes and regulations fuck up the economies, so the first country's politicians who realize that will be the next safe haven in the 21 century.

I`d look for Singapore and Thailand, they are probably not the cheapest, but they have a stable society, whereas many asian countries could have a revolution in the queue.

oxiyusuf

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Quote from: micky123 on August 26, 2015, 09:59:31 PM

Quote from: RealBitcoin on August 26, 2015, 09:20:14 PM

Quote from: randy8777 on August 26, 2015, 12:56:30 PM

Quote from: dragansk on August 26, 2015, 12:14:57 PM

The safest thing to invest your money is the real estate. Buy an apartment or a house and rent it, that would make a larger profit for you, larger than any bank commission. I always invest my earned money this way, the safest and the most profitable way out there.

it depends on where you buy/invest in real estate. here everything is way overpriced thus not worth looking at as far as investing in real estate goes. where do you live if i may ask?

Real estate is very inflated in Europe/North america & Australia & New Zealand. So that bubble will probably pop in the next crisis.

However its ultra cheap in south east asia (Thailand, Vietnam , Bangladesh, etc)

If you got like 100,000$ ready to invest then you might wanna take a look at those countries, especially the ones with solid governments, you dont want rioters to burn down your estate lol.

South-East asia is also a favorite of many banks, just check the twitter accounts of big banks, they always tweet about that, so its something interesting over there.

There is another angle to this. It is not easy for foreigners to purchase real estate in other countries. There are usually some clauses associated, for example: The person needs to be in a particular country for a minimum of 6 months or so before they can purchase immovable assets like land, home or an apartment. Add to this South east asian countries are absolutely infamous for red tape and just generally, making life difficult for foreigners. Even if he has 100K with him, i guess he rather diversify his investments into various asset classes and if real estate is one of them, buy it in his own country after doing proper research to ensure he is not buying into a bubble!

yes it is not easy to buy real estate that fit our tastes and could benefit us in the future, but yes that's business must have a strategy and extensive knowledge, especially now many cases of fraud that could make you lose your bitcoin

micky123

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Quote from: RealBitcoin on August 26, 2015, 09:20:14 PM

Quote from: randy8777 on August 26, 2015, 12:56:30 PM

Quote from: dragansk on August 26, 2015, 12:14:57 PM

The safest thing to invest your money is the real estate. Buy an apartment or a house and rent it, that would make a larger profit for you, larger than any bank commission. I always invest my earned money this way, the safest and the most profitable way out there.

it depends on where you buy/invest in real estate. here everything is way overpriced thus not worth looking at as far as investing in real estate goes. where do you live if i may ask?

Real estate is very inflated in Europe/North america & Australia & New Zealand. So that bubble will probably pop in the next crisis.

However its ultra cheap in south east asia (Thailand, Vietnam , Bangladesh, etc)

If you got like 100,000$ ready to invest then you might wanna take a look at those countries, especially the ones with solid governments, you dont want rioters to burn down your estate lol.

South-East asia is also a favorite of many banks, just check the twitter accounts of big banks, they always tweet about that, so its something interesting over there.

There is another angle to this. It is not easy for foreigners to purchase real estate in other countries. There are usually some clauses associated, for example: The person needs to be in a particular country for a minimum of 6 months or so before they can purchase immovable assets like land, home or an apartment. Add to this South east asian countries are absolutely infamous for red tape and just generally, making life difficult for foreigners. Even if he has 100K with him, i guess he rather diversify his investments into various asset classes and if real estate is one of them, buy it in his own country after doing proper research to ensure he is not buying into a bubble!

RealBitcoin

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Quote from: randy8777 on August 26, 2015, 12:56:30 PM

Quote from: dragansk on August 26, 2015, 12:14:57 PM

The safest thing to invest your money is the real estate. Buy an apartment or a house and rent it, that would make a larger profit for you, larger than any bank commission. I always invest my earned money this way, the safest and the most profitable way out there.

it depends on where you buy/invest in real estate. here everything is way overpriced thus not worth looking at as far as investing in real estate goes. where do you live if i may ask?

Real estate is very inflated in Europe/North america & Australia & New Zealand. So that bubble will probably pop in the next crisis.

However its ultra cheap in south east asia (Thailand, Vietnam , Bangladesh, etc)

If you got like 100,000$ ready to invest then you might wanna take a look at those countries, especially the ones with solid governments, you dont want rioters to burn down your estate lol.

South-East asia is also a favorite of many banks, just check the twitter accounts of big banks, they always tweet about that, so its something interesting over there.

Don007

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Live like there is no tomorrow!

Quote from: randy8777 on August 26, 2015, 12:56:30 PM

Quote from: dragansk on August 26, 2015, 12:14:57 PM

The safest thing to invest your money is the real estate. Buy an apartment or a house and rent it, that would make a larger profit for you, larger than any bank commission. I always invest my earned money this way, the safest and the most profitable way out there.

it depends on where you buy/invest in real estate. here everything is way overpriced thus not worth looking at as far as investing in real estate goes. where do you live if i may ask?

I think it's hard to predict in which kind of stage we're currently living with regard to the house markets here in The Netherlands. The last years, houses prices have decreased a lot (which makes it nowadays a good time to buy). However, especially in popular cities such as Amsterdam, a kind of bubble is currently taking place: houses are sold for MORE than the asking prices.

I'm looking to buy some real estate (such as an apartment) myself nowadays. However, it is hard to get a mortgage these days.

- -

Overall, I think it's a good idea to invest in real estate (especially in popular cities). In fact, I know someone who buys houses and changes them to multiple student rooms (which he then rents out). That works great.

However, if you do not have that amount of money to spend, it is probably more wise to save money - save money to be able to cover unexpected costs (otherwise you'll have to loan money for that, and loaning is a really waste of money!).

kenbytes

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i think first you need to save....and after to invest ...to make more bitcoin Wink

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of course it's better to invest your money. Gently value for money will be dropped.
I prefer with investing in gold than property. Undecided

micky123

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Quote from: dragansk on August 26, 2015, 12:14:57 PM

The safest thing to invest your money is the real estate. Buy an apartment or a house and rent it, that would make a larger profit for you, larger than any bank commission. I always invest my earned money this way, the safest and the most profitable way out there.

What you said is quite specific to certain locations and the real estate market at these locations. For example, in the US the real estate market is distressed and repossessions are the order of the day. However, in India the real estate market is booming. While real estate is a smart investment choice, it may not be applicable to all regions. So caveat emptor! Grin

klf

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Is it better to save money or invest it? both of them has their risk. But saving money risk is lower than investment. its all depend on your goal. but saving is important and good idea.

randy8777

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Quote from: dragansk on August 26, 2015, 12:14:57 PM

The safest thing to invest your money is the real estate. Buy an apartment or a house and rent it, that would make a larger profit for you, larger than any bank commission. I always invest my earned money this way, the safest and the most profitable way out there.

it depends on where you buy/invest in real estate. here everything is way overpriced thus not worth looking at as far as investing in real estate goes. where do you live if i may ask?

dragansk

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The safest thing to invest your money is the real estate. Buy an apartment or a house and rent it, that would make a larger profit for you, larger than any bank commission. I always invest my earned money this way, the safest and the most profitable way out there.

Dotakels

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Quote from: HarHarHar9965 on August 25, 2015, 03:25:50 AM

Quote from: micky123 on August 25, 2015, 02:58:01 AM

Quote from: HarHarHar9965 on August 21, 2015, 12:31:52 PM

Quote from: micky123 on August 20, 2015, 05:11:11 AM

Quote from: HarHarHar9965 on August 20, 2015, 03:29:50 AM

Quote from: lissandra on August 20, 2015, 01:20:45 AM

Quote from: ajrah on August 20, 2015, 12:26:52 AM

i'll try investing 30% of my salary from my day job and see how it work
my problem now is where to invest?

I`m trying to do this as well. but its so much harder then most people think.

esp when your wage is small as it is, everything adds up and nothing is left really to save. I sometimes have to consider what my odds are.. to even see this happen anytime soon most likely not for super long time.

I made good profit investing when the price came real low, and when people got scared and rather sold their investments, I made money off it

In terms of investing capital from your wage, you must know that a salary limits you and your dreams, your success is only limited and priced, and you work hard to fuel the dreams of your boss. Learn as much as you can working for someone for 5 years or less, then its time to work your own ventures

Very well said especially the own venture part! The thing is once we work in a secure environment and you find that a fixed salary every month enables to to take better care of stuff.. we get comfortable and do not want to move out of our comfort zone. We attribute owning property and wealth to a steady income flow. The potential to earn is multiplied many fold when you are an entrepreuner, its just that people are too scared to take a leap of faith! (me included).

We kill our dreams because we are getting by, helping someone live their dreams Tongue

I think its human to get lazy but the one who gets all the good shit in life, has to work for it. Not everybody was born with a golden spoon, I don't think it even matters to someone with potential, money is secondary but being happy is priority for such people, I like to believe I am one of them

I was definitely born with a plastic or wooden spoon Tongue

.
Jokes apart, i appreciate what you said and the way you look at life! It has given me new hope, i am looking for that one amazing opportunity to come my way and then i can say goodbye to this dead-end job i am in atm. Money is secondary for me too, i have always looked for job satisfaction and putting money on the back burner. Unfortunately, things have a way of sneaking up on you when you are not looking and then you start to fire fight, which aptly describes my current position!

Don't let the darkness of the world demotivate you, they are not your allies. The chaos of the world never stops and if you do, the world does not stop for you. I hope you find your way around your problems, hell I do sympathize with you. You work around an ATM, where you see so many people run along counting their fiat and you might be wondering if they ever knew the potential of what they might assume to be 'digital scrap' Wink

yeah don't let yourself not to developed in simple things like in this situation, if you are more likely to used fiat money, you also say that you are not ready with future and you not want have a easy lifestyle. So think of that, you must follow what is the new and the best.

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