Saving is the process of putting cold, hard cash aside and parking it in extremely safe, and liquid (meaning they can be sold or accessed in a very short amount of time, at most a few days) securities or accounts. This can include FDIC insured checking accounts, savings accounts, short-term certificates of deposit, or United States Treasury Bills. It can even include FDIC insured money market accounts (but not money market funds, which are not insured). The highest goal for these funds should be captial preservation, with a secondary goal to keep pace with inflation, if possible.
Investing is the process of using money (called “capital”) to buy an asset that you think will generate a safe and acceptable return over time, making you wealthier with each passing year. An investment can include anything from a small business to fine art, rare wines to gold coins, comic books to stocks, mutual funds, bonds, real estate, and antiques, just to name a few. It can also include song rights, patents, trademarks, or other intellectual property, as it is often called. Good investments are the soundest way of growing wealthy but can take time, perhaps even years, to work out because we live in an uncertain world.
Topic: Is it better to save money or invest it? - page 688. (Read 1181232 times)
Also, interest rates pay nothing. Unless you are already rich and inherited, I don't see how leaving all of your stuff on the bank is going to benefit you more than it does benefit the bank. While you make peanuts off interest, rich guys can live off bank interest only even if they are single figure %, only because they have so much that it creates a solid passive income.
The rich guys are bank owners themselves. It doesn't make much sense to live off a bank interest when you can establish the bank yourself and live off a loan interest...
Exactly why should we be dependent on bank if we have our own bank and no one can access your bitcoin account nobody would come to know that how much do u have in your wallet. So it is better to invest in bitcoin rather then keep money in banks.
Invest in bitcoin half of your money is good but you really do need bank too for your fiat. I dont think you would convert all of your fiat to bitcoin right? What are you gonna do without any fiat? How to pay your bills? You can't use your bitcoin to pay your bills, they wont accepted it anyway so you need bank at least to convert your bitcoin back and then you can do your things with fiat
Half of your money in Bitcoin? That's still a pretty large investment in something so speculative and volatile. There is no rate of return on holding Bitcoin other than speculating that the exchange rate will move in your favour. It would be cool if one day there were financial investments within Bitcoin that do offer a rate of return in the form of interest, coupons, dividends, etc. That would also increase the demand for Bitcoin.
I guess if you invest half of your money to bitcoin I dont think you will be crazy if you loss all of it but I guess you wont because this is a short term invesment that will make you earn a lot from it so its good enough to get your ROI from this investment. Dont get me wrong I think with this speculative and volatile things that will make us earn a lot
Thats, of course if you do have a comfortable amount of sum to begin with.
I think anyone whos investing a large amount like that, should be comfortable in fiat 1st regardless of what amount you decide.
There are many people that didnt have this kind of comfortable in fiat but still diversify their fiat to every investment that they can get because he want to earn more and with that amount he diversified, he could bring more like double or triple their fiat without concern about their financial problems. That is what people do nowadays
I think it depends on the country you leave, in some countries banks pay good interest for your money so there is no risk and sure it is better than saving it
There is always risk including when you leave money in your bank. Tell the guys on Cyprus if there was no risk on leaving your stuff in the bank.
Also, interest rates pay nothing. Unless you are already rich and inherited, I don't see how leaving all of your stuff on the bank is going to benefit you more than it does benefit the bank. While you make peanuts off interest, rich guys can live off bank interest only even if they are single figure %, only because they have so much that it creates a solid passive income.
In The United States there is no risk for a FDIC bank, right? Up to 250,000 I believe.
Is it better to save money in bank or invest it online, in real estate or maybe gold?
Seen over a longer period of time investing in Gold have always been better than just holding fiat and the interest the banks offer dont beat the inflation so keeping money in the bank is not a good investment option. 
Also, interest rates pay nothing. Unless you are already rich and inherited, I don't see how leaving all of your stuff on the bank is going to benefit you more than it does benefit the bank. While you make peanuts off interest, rich guys can live off bank interest only even if they are single figure %, only because they have so much that it creates a solid passive income.
The rich guys are bank owners themselves. It doesn't make much sense to live off a bank interest when you can establish the bank yourself and live off a loan interest...
Exactly why should we be dependent on bank if we have our own bank and no one can access your bitcoin account nobody would come to know that how much do u have in your wallet. So it is better to invest in bitcoin rather then keep money in banks.
Invest in bitcoin half of your money is good but you really do need bank too for your fiat. I dont think you would convert all of your fiat to bitcoin right? What are you gonna do without any fiat? How to pay your bills? You can't use your bitcoin to pay your bills, they wont accepted it anyway so you need bank at least to convert your bitcoin back and then you can do your things with fiat
Half of your money in Bitcoin? That's still a pretty large investment in something so speculative and volatile. There is no rate of return on holding Bitcoin other than speculating that the exchange rate will move in your favour. It would be cool if one day there were financial investments within Bitcoin that do offer a rate of return in the form of interest, coupons, dividends, etc. That would also increase the demand for Bitcoin.
I guess if you invest half of your money to bitcoin I dont think you will be crazy if you loss all of it but I guess you wont because this is a short term invesment that will make you earn a lot from it so its good enough to get your ROI from this investment. Dont get me wrong I think with this speculative and volatile things that will make us earn a lot
Thats, of course if you do have a comfortable amount of sum to begin with.
I think anyone whos investing a large amount like that, should be comfortable in fiat 1st regardless of what amount you decide.
There are many people that didnt have this kind of comfortable in fiat but still diversify their fiat to every investment that they can get because he want to earn more and with that amount he diversified, he could bring more like double or triple their fiat without concern about their financial problems. That is what people do nowadays
Also, interest rates pay nothing. Unless you are already rich and inherited, I don't see how leaving all of your stuff on the bank is going to benefit you more than it does benefit the bank. While you make peanuts off interest, rich guys can live off bank interest only even if they are single figure %, only because they have so much that it creates a solid passive income.
The rich guys are bank owners themselves. It doesn't make much sense to live off a bank interest when you can establish the bank yourself and live off a loan interest...
Exactly why should we be dependent on bank if we have our own bank and no one can access your bitcoin account nobody would come to know that how much do u have in your wallet. So it is better to invest in bitcoin rather then keep money in banks.
Invest in bitcoin half of your money is good but you really do need bank too for your fiat. I dont think you would convert all of your fiat to bitcoin right? What are you gonna do without any fiat? How to pay your bills? You can't use your bitcoin to pay your bills, they wont accepted it anyway so you need bank at least to convert your bitcoin back and then you can do your things with fiat
Half of your money in Bitcoin? That's still a pretty large investment in something so speculative and volatile. There is no rate of return on holding Bitcoin other than speculating that the exchange rate will move in your favour. It would be cool if one day there were financial investments within Bitcoin that do offer a rate of return in the form of interest, coupons, dividends, etc. That would also increase the demand for Bitcoin.
I guess if you invest half of your money to bitcoin I dont think you will be crazy if you loss all of it but I guess you wont because this is a short term invesment that will make you earn a lot from it so its good enough to get your ROI from this investment. Dont get me wrong I think with this speculative and volatile things that will make us earn a lot
Thats, of course if you do have a comfortable amount of sum to begin with.
I think anyone whos investing a large amount like that, should be comfortable in fiat 1st regardless of what amount you decide.
Just saw this thread... jesus... 25 pages of advice... did the topic starter really read all this?
My humble suggestion would be: short term keep fiat.... middle term: gold/silver.... long term: bitcoin.
Very long term.... bitcoin or 2 generation of bitcoin.
The last one can be a little tricky since now is it imposible to know what will be 2nd generation of bitcoin... no one knows, it is too much of a gamble, so stick to nornal ass bitcoins.
My humble suggestion would be: short term keep fiat.... middle term: gold/silver.... long term: bitcoin.
Very long term.... bitcoin or 2 generation of bitcoin.
The last one can be a little tricky since now is it imposible to know what will be 2nd generation of bitcoin... no one knows, it is too much of a gamble, so stick to nornal ass bitcoins.
you mean 25 pages of spam, look at the comment, they are all repeating the same fucking thing over and over again, with some modifications + quote to make their post look less spammy, and escape the ban
i would ban them all if i was a mod, this forum is a spammy sig fest(only few member with sig are not actually spamming) right now, garbage comments everywhere
Just saw this thread... jesus... 25 pages of advice... did the topic starter really read all this?
My humble suggestion would be: short term keep fiat.... middle term: gold/silver.... long term: bitcoin.
Very long term.... bitcoin or 2 generation of bitcoin.
The last one can be a little tricky since now is it imposible to know what will be 2nd generation of bitcoin... no one knows, it is too much of a gamble, so stick to nornal ass bitcoins.
My humble suggestion would be: short term keep fiat.... middle term: gold/silver.... long term: bitcoin.
Very long term.... bitcoin or 2 generation of bitcoin.
The last one can be a little tricky since now is it imposible to know what will be 2nd generation of bitcoin... no one knows, it is too much of a gamble, so stick to nornal ass bitcoins.
People should know that when you mentioned bitcoin, its like holding onto it 4 years and forgetting about it.
Those people who had a ton that was in a similar process moved on with their daily life, which is what I recommend.
Just saw this thread... jesus... 25 pages of advice... did the topic starter really read all this?
My humble suggestion would be: short term keep fiat.... middle term: gold/silver.... long term: bitcoin.
Very long term.... bitcoin or 2 generation of bitcoin.
The last one can be a little tricky since now is it imposible to know what will be 2nd generation of bitcoin... no one knows, it is too much of a gamble, so stick to nornal ass bitcoins.
My humble suggestion would be: short term keep fiat.... middle term: gold/silver.... long term: bitcoin.
Very long term.... bitcoin or 2 generation of bitcoin.
The last one can be a little tricky since now is it imposible to know what will be 2nd generation of bitcoin... no one knows, it is too much of a gamble, so stick to nornal ass bitcoins.
Also, interest rates pay nothing. Unless you are already rich and inherited, I don't see how leaving all of your stuff on the bank is going to benefit you more than it does benefit the bank. While you make peanuts off interest, rich guys can live off bank interest only even if they are single figure %, only because they have so much that it creates a solid passive income.
The rich guys are bank owners themselves. It doesn't make much sense to live off a bank interest when you can establish the bank yourself and live off a loan interest...
Exactly why should we be dependent on bank if we have our own bank and no one can access your bitcoin account nobody would come to know that how much do u have in your wallet. So it is better to invest in bitcoin rather then keep money in banks.
Invest in bitcoin half of your money is good but you really do need bank too for your fiat. I dont think you would convert all of your fiat to bitcoin right? What are you gonna do without any fiat? How to pay your bills? You can't use your bitcoin to pay your bills, they wont accepted it anyway so you need bank at least to convert your bitcoin back and then you can do your things with fiat
Half of your money in Bitcoin? That's still a pretty large investment in something so speculative and volatile. There is no rate of return on holding Bitcoin other than speculating that the exchange rate will move in your favour. It would be cool if one day there were financial investments within Bitcoin that do offer a rate of return in the form of interest, coupons, dividends, etc. That would also increase the demand for Bitcoin.
I guess if you invest half of your money to bitcoin I dont think you will be crazy if you loss all of it but I guess you wont because this is a short term invesment that will make you earn a lot from it so its good enough to get your ROI from this investment. Dont get me wrong I think with this speculative and volatile things that will make us earn a lot
Also, interest rates pay nothing. Unless you are already rich and inherited, I don't see how leaving all of your stuff on the bank is going to benefit you more than it does benefit the bank. While you make peanuts off interest, rich guys can live off bank interest only even if they are single figure %, only because they have so much that it creates a solid passive income.
The rich guys are bank owners themselves. It doesn't make much sense to live off a bank interest when you can establish the bank yourself and live off a loan interest...
Exactly why should we be dependent on bank if we have our own bank and no one can access your bitcoin account nobody would come to know that how much do u have in your wallet. So it is better to invest in bitcoin rather then keep money in banks.
Invest in bitcoin half of your money is good but you really do need bank too for your fiat. I dont think you would convert all of your fiat to bitcoin right? What are you gonna do without any fiat? How to pay your bills? You can't use your bitcoin to pay your bills, they wont accepted it anyway so you need bank at least to convert your bitcoin back and then you can do your things with fiat
Half of your money in Bitcoin? That's still a pretty large investment in something so speculative and volatile. There is no rate of return on holding Bitcoin other than speculating that the exchange rate will move in your favour. It would be cool if one day there were financial investments within Bitcoin that do offer a rate of return in the form of interest, coupons, dividends, etc. That would also increase the demand for Bitcoin.
Also, interest rates pay nothing. Unless you are already rich and inherited, I don't see how leaving all of your stuff on the bank is going to benefit you more than it does benefit the bank. While you make peanuts off interest, rich guys can live off bank interest only even if they are single figure %, only because they have so much that it creates a solid passive income.
The rich guys are bank owners themselves. It doesn't make much sense to live off a bank interest when you can establish the bank yourself and live off a loan interest...
Exactly why should we be dependent on bank if we have our own bank and no one can access your bitcoin account nobody would come to know that how much do u have in your wallet. So it is better to invest in bitcoin rather then keep money in banks.
Invest in bitcoin half of your money is good but you really do need bank too for your fiat. I dont think you would convert all of your fiat to bitcoin right? What are you gonna do without any fiat? How to pay your bills? You can't use your bitcoin to pay your bills, they wont accepted it anyway so you need bank at least to convert your bitcoin back and then you can do your things with fiat
Best option is to buy bitcoin while its cheap hold it for a number of years and wait for prices to go back up. Got into BTC when it was at $13 a coin wish I had bought more than I actually did then and waited for 2013 and sold. Shame only bought like 60 to 80 of them and in time bought more sold more and exchanged. Should of just bought a tun of it when nice and cheap and enjoyed the return on it from going up so much.
I don't think buying btc is the best option here. BTC could do nothing for years. T-bills is a much wiser investment if you ask me.
There is a good option to buy bitcoin when it is in a low price and stacks it high enough to make sure in the end you will sell of it and get your profit. And
why does it not to be the best option? And there are several years before bitcoin going to die but I dont think bitcoin will die soon so it is still worth to buy
rather than doing nothing or spend your bitcoin in gambling
I think it depends on the country you leave, in some countries banks pay good interest for your money so there is no risk and sure it is better than saving it
I dont think there are banks that pay you good interest in all countries. And why there is no risk? I think there are several banks that close because
they didnt got any people to invest in their bank so bank will not guarantee you that it is save to put your money in there
even I was thinking of the same question and I think investing will be more profitable than putting it in bank.
It depends on the risk and also the gain actually, Everything got its own risk to it. Even saving your money in the bank got its own risk but ofcourse investing your money into something will be far more riskier.
You might want to read a few post back about the idea of investing in either gold or other investment type, basically safe deposits could be an alternative between saving and investing though
even I was thinking of the same question and I think investing will be more profitable than putting it in bank.
It doesn't matter, Japan is still a good example how land can become worthless in less than a jiffy, and which actually happens throughout the world now and then (even for less dramatic reasons). Still insist that land investments are less risky than gold?
Im not farmiliar with the other fukushima incident apart from the nuclear incident but if you are pointing it to that than of course it is a risk that you have to endure for putting in investment. Where you resident at is indeed matter, I stated my point on why do I think that land could be a better option than gold
P.S : I dont insist that land is less risky than gold, Im insisting that land could be a better option. That has different meaning
I guess when you were talking about investment risks you actually meant profitability, since by no means investments in land can be less risky than investments in gold. If so, you still need a lot of expertise and experience in the field which is incomparable with buying some gold from a reliable source and forgetting about it...
As I said before, investments in land and real estate are a hell
I dont, Im stating the risk as well (I think). I honestly have told you that I based this on my experience though
. Nevertheless anyone can have their own opinion on this thing. It is nice to have this kind of debate, basically it helps to understand more . Do pardon me if I am wrong on this, but I do based this on my experience that I think it is less risky to put in land than gold 
Okay, you say that you base your opinion on your experience (would it be more proper to call observation?), but think if it would have been the same if you lived some twenty-thirty years ago, and then fast forward same years from now into the future... Would you be that confident of your "experience"?
With gold I am
I have told you that I based this on my experience. Bolded it to make it clearer. I am confident with it
P.S : safe deposits could be a better options as well although I know you are sticking with your goverment's debt
-snip-
[/quote]
This actually meant for sarcasm, perhaps I should make it clearer
Best option is to buy bitcoin while its cheap hold it for a number of years and wait for prices to go back up.
No guarantee on this, BTC could be having a ten fold of the current price after the halving or that be worthless after some fork and You can actually check that the price is declining. The price is being manipulated by trader and hype, with the recent news of Gavin leaving us, Im sure it will be an impact to the price soon.
Best option is to buy bitcoin while its cheap hold it for a number of years and wait for prices to go back up. Got into BTC when it was at $13 a coin wish I had bought more than I actually did then and waited for 2013 and sold. Shame only bought like 60 to 80 of them and in time bought more sold more and exchanged. Should of just bought a tun of it when nice and cheap and enjoyed the return on it from going up so much.
Sounds Great..
I think this is the right time to invest in bitcoin if you want to make your future safe and secure. The prices have collapsed right now so I believe investing at right time is more important just buy it and forget it and when the prices go high sell a part of it and again buy when prices are down.
the problem is that you don't know what is the right time, right now it may look like a good opportunity, but the recent gavin news, could cause a dump in bitcoin, i would wait a bit more, too see if we can sustain the 200 floor
Best option is to buy bitcoin while its cheap hold it for a number of years and wait for prices to go back up. Got into BTC when it was at $13 a coin wish I had bought more than I actually did then and waited for 2013 and sold. Shame only bought like 60 to 80 of them and in time bought more sold more and exchanged. Should of just bought a tun of it when nice and cheap and enjoyed the return on it from going up so much.
I don't think buying btc is the best option here. BTC could do nothing for years. T-bills is a much wiser investment if you ask me.
Best option is to buy bitcoin while its cheap hold it for a number of years and wait for prices to go back up. Got into BTC when it was at $13 a coin wish I had bought more than I actually did then and waited for 2013 and sold. Shame only bought like 60 to 80 of them and in time bought more sold more and exchanged. Should of just bought a tun of it when nice and cheap and enjoyed the return on it from going up so much.
Sounds Great..
I think this is the right time to invest in bitcoin if you want to make your future safe and secure. The prices have collapsed right now so I believe investing at right time is more important just buy it and forget it and when the prices go high sell a part of it and again buy when prices are down.
For a ordinary person whose income is not too high i think best thing for him is to save money rather than going for a investment. As your income is not too high there is hardly anything to invest so its better to save money which could be helpful at the time of emergencies.
Best option is to buy bitcoin while its cheap hold it for a number of years and wait for prices to go back up. Got into BTC when it was at $13 a coin wish I had bought more than I actually did then and waited for 2013 and sold. Shame only bought like 60 to 80 of them and in time bought more sold more and exchanged. Should of just bought a tun of it when nice and cheap and enjoyed the return on it from going up so much.
Sounds Great..
I think this is the right time to invest in bitcoin if you want to make your future safe and secure. The prices have collapsed right now so I believe investing at right time is more important just buy it and forget it and when the prices go high sell a part of it and again buy when prices are down.
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