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Topic: Is it better to save money or invest it? - page 70. (Read 1181232 times)

full member
Activity: 210
Merit: 101
I think the best way to save is money because If you have saved money you can invest it until it grows bigger.It's better to set aside money than you have to save for your money because my mother says I'm going to spend or save you money if I need an emergency or something that will pull you in and use and I will not be able to find more cost.Save money and Invest money as long as grow grow your investment in your investment.
jr. member
Activity: 105
Merit: 6
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Money reason I think we both know, but don't invest all his money on the COINS, don't put the eggs in one basket, so that we can minimize risk and maximize profit, if all the product to achieve the desired level, you will get fat.
newbie
Activity: 29
Merit: 0
You can do both also as the two is both profitable over time, i save money for future plan of investment and at the same moment i invest for take home needs & bills and also for saving
hero member
Activity: 2982
Merit: 610
Is it better to save money in bank or invest it online, in real estate or maybe gold?
To invest because earning money if you invest in business related to sure. When should we enter into a business should we know and study it so that we will not fail. So we know where we can invest and earn big. When investing you can grow revenue. When saving you and you just put it in the Bank, The interest is small not like when you are investing.
We should also ensure that we are knowledgeable if we are investing because the risk of losing is really big if we are not yet ready.
It's easy to say that we can make money in investing but in reality the process is not hard, and still no assurance that we can make money, everything
depends on our chances or maybe luck also.
newbie
Activity: 32
Merit: 0
Do save money then Invest the savings. Save the earnings from investment and invest it again.
newbie
Activity: 85
Merit: 0
Is it better to save money in bank or invest it online, in real estate or maybe gold?
To invest because earning money if you invest in business related to sure. When should we enter into a business should we know and study it so that we will not fail. So we know where we can invest and earn big. When investing you can grow revenue. When saving you and you just put it in the Bank, The interest is small not like when you are investing.
member
Activity: 140
Merit: 30
if i am you, it is better to invest it online because i am going to invest my money in bitcoin and wait for the right time to convert it as money because there's more profit in investing as long as you know how bitcoin works than your bank account.
member
Activity: 191
Merit: 10
Is it better to save money in bank or invest it online, in real estate or maybe gold?
I say do both as well, save some of your money in the bank or some safe at home. Then invest the rest that you are wiling to risk or lose in the long run. Investing always entails risk while saving is not.

If I would choose between saving or investing, I would choose depends on the situation I've been to. If I don't need much money, I would save it and it is ok for me to earn a little amount. And if I need more money, I would have invest it to earn more profit fast, though it is risky.
member
Activity: 350
Merit: 12
for me,fifty/fifty....fifty for the investment and fifty for savings inthat case,if my investment is in business and it boom so i am lucky enough to earn big money to add in my fifty percent savings
full member
Activity: 268
Merit: 100
Is it better to save money in bank or invest it online, in real estate or maybe gold?
The both choices are good in some personal reasons. Saving money to the banks is more secure and you will assure that you will get what you save and have a small interest on it. Investing money in bitcoin will notnsure if it is profitable or not but if you hold it then it will be possibly that the money you invest will become twice as the amount you have invested. So technically it is good to invest than saving.
full member
Activity: 276
Merit: 100
Is it better to save money in bank or invest it online, in real estate or maybe gold?

It is much better to invest your money for you to get a higher profit than save it to some bank that will surely get a smaller interest.  

By investing it you can have a 100% profit in just a couple of months wherein you cannot get it from banks.
full member
Activity: 294
Merit: 114
Actually, it depends on your running income! if you have running income then you should save money! but you can invest 40% of your money so that you gain more money..more money better life  Wink

You mean to say, invest first before allocating the remaining of salary to expenses. Actually, 40% to investment is too much. Having emergency expenses neglected might result in pulling out the money from savings. In an instance, when an urgent situation arises, there is already a money prepared to be pulled out. Also, consider savings apart from an investment is another good idea, as there is risk associated with an investment. It might be better to only invest what an investor can afford to lose. In that way, there is more room for any error and mistake that when everything is all lost, an investor can recover in no time.
member
Activity: 406
Merit: 13
If you have a lot of savings I would suggest that you invest it on something that can give you long term profits. Just like for example in bitcoin, gold and other forms of business. Don't invest on one thing only because it might take time. The more investments you've got the more profit you have. So what Im telling is, it is way more better to invest than to just keep your savings on your hand.
member
Activity: 368
Merit: 18
Is it better to save money in bank or invest it online, in real estate or maybe gold?

Investing is better than saving because you can make your money grow. If you can make a good investment, you can make more money from it. Saving will make your money stagnant, it will not accumulate.
hero member
Activity: 2814
Merit: 576
Is it better to save money in bank or invest it online, in real estate or maybe gold?

It's better to invest your money than to save or just keep it. long-term investments are very profitable, let alone invest in bitcoins for the future.
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Investing is the best way for me to make money, however you need to successfully save to get the funds you are needed to invest.
Raising funds from loans is too risky, it should be coming from your savings as you will be tested if you have the discipline to save and that discipline
might help you to be successful in investing.
full member
Activity: 373
Merit: 100
Is it better to save money in bank or invest it online, in real estate or maybe gold?

It's better to invest your money than to save or just keep it. long-term investments are very profitable, let alone invest in bitcoins for the future.
hero member
Activity: 798
Merit: 500
It is necessary I consider to invest. Investing you ensure income for needs and welfare. There are risks it of course clearly, but in investment so was always. It is good to save it too, but you wont make big money for yourself and the family
We aim to have big money because that would give us security in the future, however we need to take the risk because investing is risky.
Knowing the risk will help us make a good decision because we can analyze the risk and we can employ strategy to get the success.
In every business investment is necessary because definitely business is associated with the name of investment. In any business we have saving plane also because if you are good manager or manage your business with logically you are a good business man. Before we invest our money in any business we have to estimate risk factor or definite a reasonable amount for a backup. And if we do business with Bitcoin then definitely minimum risk factor involved in it but we have to see market situation then we deal with it sensibly.
newbie
Activity: 49
Merit: 0
Learn to save money and invest money from the youth.
1. Invest as early as possible.
2. Accept money as a tool.
3. In time, increase the amount of investment.
jr. member
Activity: 123
Merit: 2
Actually, it depends on your running income! if you have running income then you should save money! but you can invest 40% of your money so that you gain more money..more money better life  Wink
sr. member
Activity: 686
Merit: 250
better to invest in bitcoin, gold maybe more secure, but bitcoin has more potential to grow

saving money in the bank, will only mean losing them in the long-term with the current high inflation


for me the best way is saving money in the bank and the nearest is invest in a little business that i should know that it can help me for my daily needs....

You just quoted someone that mentioned saving money in the bank is losing long term due to higher inflation. And you still think saving money in the bank is the best? Lol.
It is only the best to save money in the bank if you are trying to have some emergency funds because that is the best way to prepare for some worst case scenarios is to put some money or save some money in the bank but if you are trying to have some well placed money that might grow into a higher amounts then banks are the worst place to place your money since they have a really low interest and the inflation rate is so close to their interest rate so it is just useless.
An emergency fund needs to be on cash, you need to be able to access that money as fast as possible, also that emergency fund needs to be available for all kind of emergencies, if there is a medical emergency then if the money is on the bank is not that important, but what if there is natural disaster and there is no electricity, you will not be able to access your fund at all.
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