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Topic: Is it better to save money or invest it? - page 702. (Read 1181208 times)

legendary
Activity: 1358
Merit: 1014
They need to print money till these dreaded savers go broke.
Wages aren't growing b/c companies aren't selling enough goods to give out raises.  Also, people are racked with debt.  Without rising wages, they can't service MORE debt. So, this stupid FED policy of low interest rates isn't doing jack shit. They can't create growth with more cheap debt. Find another bullet, FED.
sr. member
Activity: 490
Merit: 255
definitely the latter

Invest = make more money
Not really make money. In investing there are a risk so that you dont know what are will happened to your money it can make a profit or it will lose. But there are some investment the have 0% risk but it will earn you a profit with only 1-3% of how much you invest .
legendary
Activity: 1078
Merit: 1000
saving currently isn't really interesting as a normal savings account gets you 1% interest per year. if you have money that you'll not spend the comming years it can be set at 4-6% each year but the downside is that you can't acces your money for 5 years.
Saving is interesting even if your savings is normal. But you can't spend or withdraw your money within 5 years and you can only have an interest with only 1% annually. But you have still interest.

Altough it is intersting but some people didnt want to get that because of the low interest and need to stuck there for 5 years. That is a long of waiting, better for them to invest in something in being developed like bitcoin
legendary
Activity: 1890
Merit: 1007
time to invest now and get return for your invesment.
if just you save money in the bank no profit from it.
member
Activity: 84
Merit: 10
definitely the latter

Invest = make more money
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game


How can you suppose to know what kind of things that you needed in a future if you didnt get your degree? And how you do that all things without any basic. Im sure if you go all like that you must be scammed by many people out there and there is no going back after you step outside. It depends on how are you going to do with this all stuffs, somebody let all their earning in bitcoin to try luck in it and have a bright future but some dont, so it doesnt mean that you have spare you will succeed it all depends on your hardwork too

The degree is useless anyway, i work in a totally different field than my degree, so its really toilet paper for me.

No i`m usually very ambitious, well 17 years of jail  in a government indoctrination camp called "public education" takes alot of persistance to go through, as its so horrible and boring that otherwise no sane person would go through it.

Too bad it was a scam.

So miniscams dont really affect me, we`ve all been victims of the big scam already.
hero member
Activity: 631
Merit: 500
Its an totally Individual decision, Investing is always a better option..but depends on type of investment that you make.. Its good to invest in Gold or Real Estate because in Long run u will earn BEST Return on Investments. Saving is for present but Investments are for future benefits.
sr. member
Activity: 490
Merit: 255
Yes its true time is money but if you just stay like that and save every penny you got, it doesnt make you really rich, I didnt say that it is not worth but that kind of things just let you live your normal live. All of us want to change our life thats why we are trying the best of investment in this bitcoin to get a better life

Time is only money for those that can generate income from their time.  Time is not money to an unemployed person Wink

I think there is a range of different reasons that people here are interested in bitcoin.  For me, it's not really much of an investment to get a better life.  I just want to learn about the technology and how it works.

signature campaign and faucets are other forms of generating money by using your time, but without being an employer...and there are many other form like this(youtube video, google ads ecc...)
Signature campaign and faucets are the other income of others. This income don't need to go to office day by day, no need money for transportation, for food. You only need is internet connection and your time to join in discussion.
legendary
Activity: 1834
Merit: 1008
Yes its true time is money but if you just stay like that and save every penny you got, it doesnt make you really rich, I didnt say that it is not worth but that kind of things just let you live your normal live. All of us want to change our life thats why we are trying the best of investment in this bitcoin to get a better life

Time is only money for those that can generate income from their time.  Time is not money to an unemployed person Wink

I think there is a range of different reasons that people here are interested in bitcoin.  For me, it's not really much of an investment to get a better life.  I just want to learn about the technology and how it works.

If you really interested in technology why you wasting your time here? This is not all about technology. This is where to change your life. If you really like a lot about it may be you can try others site that study about technology or you can get it from some researcher
legendary
Activity: 3248
Merit: 1070
Yes its true time is money but if you just stay like that and save every penny you got, it doesnt make you really rich, I didnt say that it is not worth but that kind of things just let you live your normal live. All of us want to change our life thats why we are trying the best of investment in this bitcoin to get a better life

Time is only money for those that can generate income from their time.  Time is not money to an unemployed person Wink

I think there is a range of different reasons that people here are interested in bitcoin.  For me, it's not really much of an investment to get a better life.  I just want to learn about the technology and how it works.

signature campaign and faucets are other forms of generating money by using your time, but without being an employer...and there are many other form like this(youtube video, google ads ecc...)
sr. member
Activity: 490
Merit: 255
Yes its true time is money but if you just stay like that and save every penny you got, it doesnt make you really rich, I didnt say that it is not worth but that kind of things just let you live your normal live. All of us want to change our life thats why we are trying the best of investment in this bitcoin to get a better life

Time is only money for those that can generate income from their time.  Time is not money to an unemployed person Wink

I think there is a range of different reasons that people here are interested in bitcoin.  For me, it's not really much of an investment to get a better life.  I just want to learn about the technology and how it works.
If you want to only learn the technology ? Why you are joining in signature campaign? Sorry for my doubt to you. You won't better life here in bitcoin? For you the mean of the better life is having a big money? For me better life is only a simple life. I get able some bitcoin here but i truly need to learn what is bitcoin are.
sr. member
Activity: 364
Merit: 252
Yes its true time is money but if you just stay like that and save every penny you got, it doesnt make you really rich, I didnt say that it is not worth but that kind of things just let you live your normal live. All of us want to change our life thats why we are trying the best of investment in this bitcoin to get a better life

Time is only money for those that can generate income from their time.  Time is not money to an unemployed person Wink

I think there is a range of different reasons that people here are interested in bitcoin.  For me, it's not really much of an investment to get a better life.  I just want to learn about the technology and how it works.
legendary
Activity: 1834
Merit: 1008

If you could go back and choose another type of education, would you change it given what you said above?

If I could do it over, I'd either go into neuroscience, engineering or technology (science/physics background).  Business is a pretty bullshit subject to study in university as you mentioned, it's easy to learn online through research. 

If i could do it over, i would not have gone to university, i would have even quit school.

I would just waited until 2009 and saved money until then (probably asked some money from parents and would went to a low paying job), then buy bitcoin back in 2009 and now be filthy rich.

You always need your degree for the first thing to do in your life altough you said that you do a full time job for a bitcoin but the price is so volatile and are you going to sacrifice all things just to wait this bitcoing going high? Let say that you are rich for that time, are you gonna live only for that moment?

No i would have bought myself the things i`ve needed, then extracted a few more millions and put those in some safe investments in case bitcoin would be gone (i could not know the future in 2013). And i would have kept like 10-15 million $ in bitcoin just to see what happens with it.

I`m sure most of the bitcoin millionaires did the same, nobody just let all their earnings in bitcoin, and nobody converted them all back into fiat. All of them have hybrid portfolios by now.

How can you suppose to know what kind of things that you needed in a future if you didnt get your degree? And how you do that all things without any basic. Im sure if you go all like that you must be scammed by many people out there and there is no going back after you step outside. It depends on how are you going to do with this all stuffs, somebody let all their earning in bitcoin to try luck in it and have a bright future but some dont, so it doesnt mean that you have spare you will succeed it all depends on your hardwork too
If you don't know what stuff or things that you need in the future, I will suggested that you save your money so that if the time comes that you will buy a stuff that will helped you, you can but it because you have money. Instead of buying things that you didn't know that it could help you, save it or invest it so your money can earn a profit, even if it small or big it will help you so much.

isn't better to invest your time instead, and save every penny(minus the one that are mandatory to spend, for foods, bill ecc...), in this way there is no risk, only fatigue at the end of the day, maybe

time is your money after all

Yes its true time is money but if you just stay like that and save every penny you got, it doesnt make you really rich, I didnt say that it is not worth but that kind of things just let you live your normal live. All of us want to change our life thats why we are trying the best of investment in this bitcoin to get a better life
sr. member
Activity: 490
Merit: 255
saving currently isn't really interesting as a normal savings account gets you 1% interest per year. if you have money that you'll not spend the comming years it can be set at 4-6% each year but the downside is that you can't acces your money for 5 years.
Saving is interesting even if your savings is normal. But you can't spend or withdraw your money within 5 years and you can only have an interest with only 1% annually. But you have still interest.
legendary
Activity: 896
Merit: 1000
saving currently isn't really interesting as a normal savings account gets you 1% interest per year. if you have money that you'll not spend the comming years it can be set at 4-6% each year but the downside is that you can't acces your money for 5 years.
legendary
Activity: 3248
Merit: 1070

If you could go back and choose another type of education, would you change it given what you said above?

If I could do it over, I'd either go into neuroscience, engineering or technology (science/physics background).  Business is a pretty bullshit subject to study in university as you mentioned, it's easy to learn online through research. 

If i could do it over, i would not have gone to university, i would have even quit school.

I would just waited until 2009 and saved money until then (probably asked some money from parents and would went to a low paying job), then buy bitcoin back in 2009 and now be filthy rich.

You always need your degree for the first thing to do in your life altough you said that you do a full time job for a bitcoin but the price is so volatile and are you going to sacrifice all things just to wait this bitcoing going high? Let say that you are rich for that time, are you gonna live only for that moment?

No i would have bought myself the things i`ve needed, then extracted a few more millions and put those in some safe investments in case bitcoin would be gone (i could not know the future in 2013). And i would have kept like 10-15 million $ in bitcoin just to see what happens with it.

I`m sure most of the bitcoin millionaires did the same, nobody just let all their earnings in bitcoin, and nobody converted them all back into fiat. All of them have hybrid portfolios by now.

How can you suppose to know what kind of things that you needed in a future if you didnt get your degree? And how you do that all things without any basic. Im sure if you go all like that you must be scammed by many people out there and there is no going back after you step outside. It depends on how are you going to do with this all stuffs, somebody let all their earning in bitcoin to try luck in it and have a bright future but some dont, so it doesnt mean that you have spare you will succeed it all depends on your hardwork too
If you don't know what stuff or things that you need in the future, I will suggested that you save your money so that if the time comes that you will buy a stuff that will helped you, you can but it because you have money. Instead of buying things that you didn't know that it could help you, save it or invest it so your money can earn a profit, even if it small or big it will help you so much.

isn't better to invest your time instead, and save every penny(minus the one that are mandatory to spend, for foods, bill ecc...), in this way there is no risk, only fatigue at the end of the day, maybe

time is your money after all
sr. member
Activity: 490
Merit: 255

If you could go back and choose another type of education, would you change it given what you said above?

If I could do it over, I'd either go into neuroscience, engineering or technology (science/physics background).  Business is a pretty bullshit subject to study in university as you mentioned, it's easy to learn online through research. 

If i could do it over, i would not have gone to university, i would have even quit school.

I would just waited until 2009 and saved money until then (probably asked some money from parents and would went to a low paying job), then buy bitcoin back in 2009 and now be filthy rich.

You always need your degree for the first thing to do in your life altough you said that you do a full time job for a bitcoin but the price is so volatile and are you going to sacrifice all things just to wait this bitcoing going high? Let say that you are rich for that time, are you gonna live only for that moment?

No i would have bought myself the things i`ve needed, then extracted a few more millions and put those in some safe investments in case bitcoin would be gone (i could not know the future in 2013). And i would have kept like 10-15 million $ in bitcoin just to see what happens with it.

I`m sure most of the bitcoin millionaires did the same, nobody just let all their earnings in bitcoin, and nobody converted them all back into fiat. All of them have hybrid portfolios by now.

How can you suppose to know what kind of things that you needed in a future if you didnt get your degree? And how you do that all things without any basic. Im sure if you go all like that you must be scammed by many people out there and there is no going back after you step outside. It depends on how are you going to do with this all stuffs, somebody let all their earning in bitcoin to try luck in it and have a bright future but some dont, so it doesnt mean that you have spare you will succeed it all depends on your hardwork too
If you don't know what stuff or things that you need in the future, I will suggested that you save your money so that if the time comes that you will buy a stuff that will helped you, you can but it because you have money. Instead of buying things that you didn't know that it could help you, save it or invest it so your money can earn a profit, even if it small or big it will help you so much.
legendary
Activity: 1078
Merit: 1000

10 -15 million ti invest it bitcoin? you dont know how much much the price for bitcoin in the next few years and still you invest it like alot of them. It just wasting you money. If I were you, I sure make a useful things with that money and no need to spend it like this. Nope the millionaires didnt do the same as you did. They will plant everthing very cautious

Satoshi didnt sold his bitcoin, and i`m sure he is a multi millionaire, if not almost billionaire. So i`m sure most millionaires do the same.

C`mon i`ve seen videos on youtube, miners bought ferraris. Of course they spent their fortune, but i`m also sure they kept a few ten-thousand bitcoins just in case it will go much higher, besides they are comitted to bitcoin.

Otherwise, diversification is the best, i would have invested that money in other things too not just bitcoin, in case bitcoin collapses (very unlikely)

What good does it do to you when you're a millionaire on paper? If you have millions in Bitcoin but never cash out you're really as poor as the rest of them.
Only real things make you rich not money on your account.

You dont understand me, i`m totally for buying things, but only with half of the money or quarter of it. Because things can be stolen and can be broken, so some numbers in an account are sometimes better and more robust.


Yeah its true that you buying things but how are you suppose to know what items you should buy to be a billionaire. All things also will got stolen if you do not save it. And of course satoshi did really in this. He must plan something good for future thats why he become a billionaire and you didnt plan on your future just hope for a miracle things I guess thats not a billionaire vision
member
Activity: 70
Merit: 10
We know that time is gold and money is time, better to invest with interest, after days goes by the money that you're going to saved will goes back to you.
legendary
Activity: 1890
Merit: 1007
Do you like risk? if no
save your money in the bank
but if you like risk invest your money for longterm or trading bitcoin to get profit.
High risk high return.
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