Is it better to save money or invest it? - page 657.

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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?

30% seems too little, may be you should increase to 50% at least to get more. What I can suggest you is invest in bitcoin, and now is the time because the price seems drop a little bit so you can buy as much as you want and stack it and it will rise again in no time

micky123

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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).

HarHarHar9965

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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

Amph

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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?

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

luciann

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Quote from: dodgecharger on August 20, 2015, 12:27:41 AM

Quote from: ralle14 on August 19, 2015, 10:08:40 PM

imo try investing 50% and save the other 50%
in that way if your investment fails you still got 50% to correct that mistake
or if you're a rebel go all out on investing 100%
if you want to risk it to get the biscuit

good choice, Invest some but not all of it. Make sure even in the worst case scenario you'll still have enough money left because you can need at a later time.

most dont even have that option.

I say most have 2 temporary jobs to make up for the other one barely keeping up with rent and putting food on the table.

And yet we expect to save?

lissandra

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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.

dodgecharger

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Quote from: ralle14 on August 19, 2015, 10:08:40 PM

imo try investing 50% and save the other 50%
in that way if your investment fails you still got 50% to correct that mistake
or if you're a rebel go all out on investing 100%
if you want to risk it to get the biscuit

good choice, Invest some but not all of it. Make sure even in the worst case scenario you'll still have enough money left because you can need at a later time.

ajrah

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

MinerHQ

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Quote from: scott btc on August 19, 2015, 10:20:29 PM

Investing is good if you have extra money and wouldn't be hurt badly if you lose it, but there risk involved in investing.

Yes all investments comes with some risks if you don't want any risk then put your money in fixed deposit to earn little interest.

mrhelpful

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Quote from: kostya.ash on August 19, 2015, 04:17:24 AM

im choose to invest it,
in my country is very profitable to invest in land and house, because only a few years, the price of the previous $ 9,000 can be $ 18,000

sounds like your country is still a developing one then. unless your country is like the u.s

i never seen a land and house just grow 100% over 1 year or so. Although if its the u.s its possible only cause of federal reserve likes to make homes more expensive due to excessive lending.

dodgecharger

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you should invest at least some of your money. Lots of things are becoming successful and you have the chance to be a part of it and make some money your self off of investing in it. You can always use some extra money to do it.

scott btc

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Investing is good if you have extra money and wouldn't be hurt badly if you lose it, but there risk involved in investing.

ralle14

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Shuffle.com

imo try investing 50% and save the other 50%
in that way if your investment fails you still got 50% to correct that mistake
or if you're a rebel go all out on investing 100%
if you want to risk it to get the biscuit

tommorisonwebdesign

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Quote from: HarHarHar9965 on August 19, 2015, 02:33:15 AM

Quote from: ?? on ??

Investing depends on type of investment that you make.. Its good to invest in Bitcoins because in long run you will earn best Return on Investments. Saving is for present but Investments are for future benefits.

I don't know, I've been saying this a lot that bitcoin is great for future but I am myself being a little pessimist now, I see there is the birth of btc xt which gives mroe capacity in blocks of 1mb to 8mb, more than 10% network adapted it in 72 hours, I am just afraid about the future of btc, there has been birth of new currency and people just don't get it, the cons are more than the pros :/

I've been doing quite a lot of reading about Bitcoin XT and I think from what I've read so far is without official consensus of majority decide on the new numbers, we may see a drop in price for the time being. I think Bitcoin XT is going to phase out and and die, or at least become an altcoin.

GreenStox

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Quote from: Kaneki on August 19, 2015, 02:33:20 PM

housing seems to be the first to invest financially because every year many people need both bitcoin because prices not stable we can take chance from this situation, if you're lucky Grin

The housing market is not stable, its overpumped, overinflated by the printed money and it will collapse in price.

We already see a deflation in housing prices in europe, but it will be much worse soon.

Kaneki

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housing seems to be the first to invest financially because every year many people need both bitcoin because prices not stable we can take chance from this situation, if you're lucky Grin

GreenStox

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Undeads.com - P2E Runner Game

I`d save into Bitshares or Nushares or wtf is that name, a dividend paying crypto coin is the best method of earning steady income.

Saving and investment simultaneously!

hasmukhh

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Quote from: micky123 on August 19, 2015, 04:53:55 AM

Save money first and then invest it! That's my mantra. Cut down on frivilous expenses like eating out all the time and cut down on partying one week a month. This will ensure that you save a bit of money. Once the saving is in place, then it is time to invest. Diversify investments across all asset classes: Crypto, Bank FD's, Collectibles, Shares, Mutual Funds, ETF's, Gold, Silver... well you get the drift. Never put all your investment eggs in one basket, especially not one as volatile as bitcoin is, if you want to live a healthy life! Cheesy

. Good luck!

Completely agree with your answer
But according to me and many other people investing in bitcoin for a longer period of time may yield a good result .

devil11

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I think bitcoin will be best in investment because in this, money is saved and income is also good.

micky123

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Save money first and then invest it! That's my mantra. Cut down on frivilous expenses like eating out all the time and cut down on partying one week a month. This will ensure that you save a bit of money. Once the saving is in place, then it is time to invest. Diversify investments across all asset classes: Crypto, Bank FD's, Collectibles, Shares, Mutual Funds, ETF's, Gold, Silver... well you get the drift. Never put all your investment eggs in one basket, especially not one as volatile as bitcoin is, if you want to live a healthy life! Cheesy

. Good luck!

Topic: Is it better to save money or invest it? - page 657. (Read 1181208 times)