Is it better to save money or invest it? - page 656.

MinerHQ

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Quote from: bitcoinmasterlord on August 25, 2015, 04:29:23 AM

Savings are usually put into the safest places or products that allow you access to your money at any time like savings accounts and certificates of deposit. But here you earn very little interest. In investments like stocks and currency trading you have a higher returns but at the same time you have a greater chance of losing your money than when you save. Both are not same so need to choose carefully on need basis.

This is 100% correct. Savings and investment both are different we shouldn't mix together. Savings will come from earnings-expenses= savings. Some portion of these savings will be invested for long term gains.

bitcoinmasterlord

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Savings are usually put into the safest places or products that allow you access to your money at any time like savings accounts and certificates of deposit. But here you earn very little interest. In investments like stocks and currency trading you have a higher returns but at the same time you have a greater chance of losing your money than when you save. Both are not same so need to choose carefully on need basis.

hendra147

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Quote from: sofaa2531 on August 25, 2015, 03:51:42 AM

sure better.

What do you want to say ?
better for invest or better for safe at vault ?

sofaa2531

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sure better.

EternalWingsofGod

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Quote from: Amph on August 20, 2015, 02:04:55 AM

Quote from: ajrah on August 19, 2015, 11:26:52 PM

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

bitcoin seems a good choice now that it is tanked, i know it may seems contradditory but you should invest when the other have fear and vice versa

Now seems like the best time to invest where the highest swings can occur, from a risk valuation this is either in Oil, Gold or Bitcoin
Where fear is and there are strong market crashes/corrections globally Bitcoin will start to shine.
(As long as they don't get their leverage eaten)

micky123

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Quote from: HarHarHar9965 on August 25, 2015, 02:25:50 AM

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

Hey mate,

I meant ATM as in At the moment, not an actual ATM, although i did work at an ATM a very long time ago and trust me that was the worst job i ever had. Watching dumb looking assholes with huge bunches of fiat in their accounts who clearly do not know anything about investments and worst of all, didn't know how to use an ATM. That job caused me depression on so many levels, i am glad i quit and moved into something more interesting and exciting, which has now been my profession for the past 15 years. 15 years is a very long time and i now think i could do better in some other field. I thought bitcoin would be my ticket out of this mess for good, that does not seem to be the case looking at current trends! Cry

HarHarHar9965

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

Quote from: HarHarHar9965 on August 21, 2015, 11:31:52 AM

Quote from: micky123 on August 20, 2015, 04:11:11 AM

Quote from: HarHarHar9965 on August 20, 2015, 02:29:50 AM

Quote from: lissandra on August 20, 2015, 12:20:45 AM

Quote from: ajrah on August 19, 2015, 11:26:52 PM

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

micky123

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Quote from: HarHarHar9965 on August 21, 2015, 11:31:52 AM

Quote from: micky123 on August 20, 2015, 04:11:11 AM

Quote from: HarHarHar9965 on August 20, 2015, 02:29:50 AM

Quote from: lissandra on August 20, 2015, 12:20:45 AM

Quote from: ajrah on August 19, 2015, 11:26:52 PM

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!

michinzx

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Quote from: MinerHQ on August 22, 2015, 12:41:02 AM

Quote from: michinzx on August 22, 2015, 12:36:36 AM

investing in bitcoin or saving your fiat money/bitcoin, just remember the risks vs the potential profits. no investment is guaranteed profit, but having your money sitting around isnt too bad either in terms of financial stability/security.

Just small portion of your saved money invest in bitcoin to gain more profits if bitcoin prices go up. Do not invest all your savings in bitcoins

thats investing to profit in fiat money in the future, and if course it doesnt make sense to put all your money into bitcoin if you only intend to hold it as an investment. if you plan to use it, it is possible to live on bitcoin.

MinerHQ

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Quote from: michinzx on August 22, 2015, 12:36:36 AM

investing in bitcoin or saving your fiat money/bitcoin, just remember the risks vs the potential profits. no investment is guaranteed profit, but having your money sitting around isnt too bad either in terms of financial stability/security.

Just small portion of your saved money invest in bitcoin to gain more profits if bitcoin prices go up. Do not invest all your savings in bitcoins

michinzx

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investing in bitcoin or saving your fiat money/bitcoin, just remember the risks vs the potential profits. no investment is guaranteed profit, but having your money sitting around isnt too bad either in terms of financial stability/security.

pitham1

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Quote from: RealBitcoin on August 21, 2015, 10:15:00 AM

Keeping money in a bank is gambling , not saving, anymore. (due to risk of bail-in is bigger than yearly interest)

Putting money in stock market is now free money generation, not investing (since there is no price discovery, and the central bank will buy any drawdown in price)

So its an upside world today, and I hope people realize the real meaning of the words "invest" and "save", because in this economy its not what it first looks like.

The stock markets seem like free money right now, but beware of the inflation demon. Once it strikes, central banks will be loathe to print money at will. This will lead to corrections. The only question is when will this occur.

HarHarHar9965

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Quote from: micky123 on August 20, 2015, 04:11:11 AM

Quote from: HarHarHar9965 on August 20, 2015, 02:29:50 AM

Quote from: lissandra on August 20, 2015, 12:20:45 AM

Quote from: ajrah on August 19, 2015, 11:26:52 PM

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

RealBitcoin

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JAYCE DESIGNS - http://bit.ly/1tmgIwK

Keeping money in a bank is gambling , not saving, anymore. (due to risk of bail-in is bigger than yearly interest)

Putting money in stock market is now free money generation, not investing (since there is no price discovery, and the central bank will buy any drawdown in price)

So its an upside world today, and I hope people realize the real meaning of the words "invest" and "save", because in this economy its not what it first looks like.

flock123

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depends on you, if it wants to keep it, the better saved if you want to make more then Invest

aakashsangwan

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PUGG.io

Quote from: Nizam ibrahim.P.N on August 21, 2015, 07:08:03 AM

The best way to invest money is bank!, saving money is more better option. if we invest money we always use it lavishly!..

Investing your money in the banks is literally burning your money.
Because banks gives us an interest rate which is very low than the current inflation rate, so banks are not increasing your money but they are decreasing it.

Nizam ibrahim.P.N

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The best way to invest money is bank!, saving money is more better option. if we invest money we always use it lavishly!..

SimpleIn

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You do not need to save, you must strive to make more money! And attachment - it's good earnings. Unless of course it is good

andysbizz

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I think, If you want to multiply your money, it is better to invest. There is a risk, but the risk is justified.

kenbytes

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i thinnk is better to invest because if you invest you have the oportunity to do more money and to spend more money

)

Topic: Is it better to save money or invest it? - page 656. (Read 1181233 times)