Topic: Is it better to save money or invest it? - page 694. (Read 1181208 times)

Is it better to save money in bank or invest it online, in real estate or maybe gold?

if you can manage, half of your income could invest with a gold, cause gold is the first easy invest for new comer , but if you want to try, maybe the property not a wrong choice,(but for me, property is difficult cause you must know where you buy, the perfect location, rate every year of that estate, even rate always up)

Very True. Gold can be the one option to invest and there are assured returns in it but you to have patience as the prices of gold fluctuates everyday and so far real estate is concerned you need huge amount to invest in it as the land prices are climbing up and up so for an average person its not possible to invest in property or land.

Gold is always profitable investment. But my question is it really possible for an middle class person with very average salary can afford to invest in Gold as it requires good amount of capital in hand so i think his basic necessity is to take care of day to day expenses so saving is best option.

No investment is always profitable, and as someone that is currently experiencing negative returns on gold, I can say along with many others that gold is not always profitable. I'd say it's a good alternative store of value, especially for those that have lost faith in fiat, but it's still very possible to have losses in gold.

Not all investments can give us a real profit, some of them can suddenly going to bankrupt then you will lost all your investment but for gold I think every investment in it is always profitable because in this last 10 years the price is always raise so for the long term I will get gold for the real investment to make

philipma1957

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Quote from: freeyourmind on May 15, 2015, 05:22:40 PM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

Well a nice vague general question. With an endless amount of answers.

I did not bother reading any answer since I do not want to be influence by them.

To answer you it will take many posts.

Here is my first answer. Decide if the savings are short term say under 1 year. Mid term say 1 to 10 years or long term over 30 years.

Once you have done this you will hopefully decide you should do all 3 types of savings short, middle and long.

Back later with the next part to this.

gripflierGO

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Quote from: torrentheaven on May 15, 2015, 04:08:56 PM

Quote from: torrentheaven on May 15, 2015, 04:08:56 PM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

if you can manage, half of your income could invest with a gold, cause gold is the first easy invest for new comer , but if you want to try, maybe the property not a wrong choice,(but for me, property is difficult cause you must know where you buy, the perfect location, rate every year of that estate, even rate always up)

Very True. Gold can be the one option to invest and there are assured returns in it but you to have patience as the prices of gold fluctuates everyday and so far real estate is concerned you need huge amount to invest in it as the land prices are climbing up and up so for an average person its not possible to invest in property or land.

Gold is always profitable investment. But my question is it really possible for an middle class person with very average salary can afford to invest in Gold as it requires good amount of capital in hand so i think his basic necessity is to take care of day to day expenses so saving is best option.

No investment is always profitable, and as someone that is currently experiencing negative returns on gold, I can say along with many others that gold is not always profitable. I'd say it's a good alternative store of value, especially for those that have lost faith in fiat, but it's still very possible to have losses in gold.

There is risk involved in any financial product. No product guarantees you the high returns its totally depended on market condition and also a luck factor so i would prefer to save my money in some mutual funds for say SIP where i can get assured returns on my investments.

freeyourmind

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Quote from: umaOuma on May 15, 2015, 02:33:50 PM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

if you can manage, half of your income could invest with a gold, cause gold is the first easy invest for new comer , but if you want to try, maybe the property not a wrong choice,(but for me, property is difficult cause you must know where you buy, the perfect location, rate every year of that estate, even rate always up)

Very True. Gold can be the one option to invest and there are assured returns in it but you to have patience as the prices of gold fluctuates everyday and so far real estate is concerned you need huge amount to invest in it as the land prices are climbing up and up so for an average person its not possible to invest in property or land.

Gold is always profitable investment. But my question is it really possible for an middle class person with very average salary can afford to invest in Gold as it requires good amount of capital in hand so i think his basic necessity is to take care of day to day expenses so saving is best option.

No investment is always profitable, and as someone that is currently experiencing negative returns on gold, I can say along with many others that gold is not always profitable. I'd say it's a good alternative store of value, especially for those that have lost faith in fiat, but it's still very possible to have losses in gold.

freeyourmind

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I would prefer saving rather than investing. Being a Average income guy I don't have much to invest directly as investment requires huge capital so at present would prefer to save money in some savings plans and once i have good fund in hand will go for some good investment products.

Investing doesn't necessarily "require" a huge amount of capital. You can invest smaller amounts, it just needs to be significant enough to offset any transaction fees you incur. So it wouldn't make sense to invest $100 in stocks if the trading fee is $10, but you also don't need to be a millionaire.

If you're able to invest and make something like a 5% return, then it's worth doing, as savings will not produce that type of return, and will likely not even cover inflation.

torrentheaven

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Quote from: Bitcoiner2015 on May 15, 2015, 01:40:29 PM

Is it better to save money in bank or invest it online, in real estate or maybe gold?

if you can manage, half of your income could invest with a gold, cause gold is the first easy invest for new comer , but if you want to try, maybe the property not a wrong choice,(but for me, property is difficult cause you must know where you buy, the perfect location, rate every year of that estate, even rate always up)

Very True. Gold can be the one option to invest and there are assured returns in it but you to have patience as the prices of gold fluctuates everyday and so far real estate is concerned you need huge amount to invest in it as the land prices are climbing up and up so for an average person its not possible to invest in property or land.

Gold is always profitable investment. But my question is it really possible for an middle class person with very average salary can afford to invest in Gold as it requires good amount of capital in hand so i think his basic necessity is to take care of day to day expenses so saving is best option.

umaOuma

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I would prefer saving rather than investing. Being a Average income guy I don't have much to invest directly as investment requires huge capital so at present would prefer to save money in some savings plans and once i have good fund in hand will go for some good investment products.

freeyourmind

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Are they not 2 sides of the same coin? Investing is saving, and saving is investing...
Spending or Saving would be a question...

Assuming that saving is keeping your money in a relatively risk-free (low return like a savings account or GIC) investment, and investing would be taking on risk, for a potential larger return, at the risk of taking a loss.

For savings, are you keeping up with the rate of inflation in what you eventually want to consume?

Spending vs. Saving is another legitimate question, the precursor to what to do with your savings.

Bitcoiner2015

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Are they not 2 sides of the same coin? Investing is saving, and saving is investing...
Spending or Saving would be a question...

Dotakels

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Quote from: johnyj on May 14, 2015, 09:20:00 PM

If the investment return can not beat the inflation (I mean the inflation in capital products like house and stocks), then it is better to save in some anti-inflation currency like bitcoin

Yeah because if the inflation rate is low the price of goods or stocks will also become low. And the poor people can afford their everyday needs and the money value will become high.

stromma44

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Is it better to save money in bank or invest it online, in real estate or maybe gold?

if you can manage, half of your income could invest with a gold, cause gold is the first easy invest for new comer , but if you want to try, maybe the property not a wrong choice,(but for me, property is difficult cause you must know where you buy, the perfect location, rate every year of that estate, even rate always up)

Very True. Gold can be the one option to invest and there are assured returns in it but you to have patience as the prices of gold fluctuates everyday and so far real estate is concerned you need huge amount to invest in it as the land prices are climbing up and up so for an average person its not possible to invest in property or land.

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