Is it better to save money or invest it? - page 707.

Dotakels

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Quote from: Sithara007 on April 14, 2015, 04:22:41 AM

Quote from: jerol31 on March 26, 2015, 08:25:04 AM

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

Investment is a kind of savings. If you are doing savings then you can not keep it in the cash form with you. You will have to invest it in Fixed deposit, Real state, gold or shares, etc.

~~Investment is a kind of savings~~ I disagree with that because, investing have a risk that your money would be lost or earn a profits. Also investing take too much time than saving. Saving takes 3-5 years before you stop to save (it depends on your salary every month) but in investing takes 10-15 years depends on the contract and the company (you wouldn't assure that your money can earn or will be lost its) its 50%-50%. And f you invest you can earn more profits by using the compound interest it can earn more profit as years passes by than simple interest.

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Quote from: jerol31 on March 26, 2015, 08:25:04 AM

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

Investment is a kind of savings. If you are doing savings then you can not keep it in the cash form with you. You will have to invest it in Fixed deposit, Real state, gold or shares, etc.

yayayo

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It's wrong to draw an arbitrary distinction between "saving" and "investing", because in reality there is none: All "saving" is "investing" and vice versa. If you hand out the money to a bank, they will invest it at your behalf - ideally paying you a small portion of the real return.

In my opinion any alternative investment is better than leaving money at the bank, because in the latter case loss through inflation is guaranteed and loss through state / bank default is likely. Even holding the money as cash is better than leaving it at the bank, because at least it remains always accessible.

Obviously, investing some funds in Bitcoin is a must.

ya.ya.yo!

oblivi

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Quote from: qiwoman2 on April 13, 2015, 03:34:59 AM

You need to have a mixed portfolio from minimal to high risk investment/savings..around 55 max should be in high risk investing whilst the rest should be in a broad spectrum from very low to everything in between. Without compounding some of your savings over the long term fiat depreciates in value as housing and other main structures soar in price in most capital cities etc. Have some in the bank but invest the rest in a mixed portfolio of fixed and liquid assets would be the best bet I reckon.

55% in high risk is way too much for someone that has a family, or even more if there are debts in the situation.

For a single person without responsibilities it sounds great tho.

Dotakels

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Quote from: dothebeats on April 13, 2015, 03:29:41 AM

Quote from: Dotakels on April 12, 2015, 10:22:16 PM

Quote from: GreenStox on April 12, 2015, 04:31:01 PM

Quote from: dothebeats on April 12, 2015, 04:29:42 PM

But sometimes, investing your money may result to a loss, which is against the purpose of "saving" it from any other entities. Saving really helps, be it hiding the money under a pillow, a closet, or even putting it in a bank (which sometimes yield a small percentage gain) because you can get it from there in case an emergency situation happens. On the other hand, if you invested your money in a certain business, a period of time should take place first before you can get your investment in that particular business, because you cannot simply give them money and withdraw it whenever you like.

If you area good investor then most of the times you wont lose, or you gain more than lose eventually.

It's all about risk control, no pain, no gain lol.

Investing is a gambling so maybe you will loss or win but if you have a experienced on investimg you would not loss and you can earn a lot of money by investing.

Certainly not true. Even the most experienced investors sometimes face losses and failures. There are a lot of things that could happen along the way if you invested your money, so if you invested in on a well-known company, don't be 100% sure that you'll make a profit. There are always hurdles along the way, even in the paths of the most successful investors.

My point is that company that you have been invest is well known and trusted. You can say that your money is safe because the company that you invest is successful and a fame company. So there will no doubts in that company . You will assured that your money can earn a profits. Even if theres a risk but it cannot destroyed or failed the company that you invest because is known as well and a good company.

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You need to have a mixed portfolio from minimal to high risk investment/savings..around 55 max should be in high risk investing whilst the rest should be in a broad spectrum from very low to everything in between. Without compounding some of your savings over the long term fiat depreciates in value as housing and other main structures soar in price in most capital cities etc. Have some in the bank but invest the rest in a mixed portfolio of fixed and liquid assets would be the best bet I reckon.

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Quote from: Dotakels on April 12, 2015, 10:22:16 PM

Quote from: GreenStox on April 12, 2015, 04:31:01 PM

Quote from: dothebeats on April 12, 2015, 04:29:42 PM

But sometimes, investing your money may result to a loss, which is against the purpose of "saving" it from any other entities. Saving really helps, be it hiding the money under a pillow, a closet, or even putting it in a bank (which sometimes yield a small percentage gain) because you can get it from there in case an emergency situation happens. On the other hand, if you invested your money in a certain business, a period of time should take place first before you can get your investment in that particular business, because you cannot simply give them money and withdraw it whenever you like.

If you area good investor then most of the times you wont lose, or you gain more than lose eventually.

It's all about risk control, no pain, no gain lol.

Investing is a gambling so maybe you will loss or win but if you have a experienced on investimg you would not loss and you can earn a lot of money by investing.

Certainly not true. Even the most experienced investors sometimes face losses and failures. There are a lot of things that could happen along the way if you invested your money, so if you invested in on a well-known company, don't be 100% sure that you'll make a profit. There are always hurdles along the way, even in the paths of the most successful investors.

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Quote from: 1Referee on March 26, 2015, 10:21:01 AM

It depends on where you are located. Saving your money in your bank is an easy option but not very lucrative.

In fact, I have read an article about banks who are going to charge negative interest rate on your savings account. Which is ridiculous of course.

I would choose for spreaded investments. Leave 70% of your money in your bank, and invest 15% in Bitcoin and the other 15% in something like a Bitcoin startup.

I agree with your opinion. The rates for saving and investment depends on the amount of money you have, the economy policy in your country, and the area you mean to invest.

Mehek

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invest as much as u can just save 10 to 20 % this is the time to invest

megamore

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Its easy..
If you don't like to take risks, you can save your money
If you like a challenge, want to make a profit, know the risks, so you can invest your money

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Quote from: Dotakels on April 12, 2015, 10:22:16 PM

Quote from: GreenStox on April 12, 2015, 04:31:01 PM

Quote from: dothebeats on April 12, 2015, 04:29:42 PM

But sometimes, investing your money may result to a loss, which is against the purpose of "saving" it from any other entities. Saving really helps, be it hiding the money under a pillow, a closet, or even putting it in a bank (which sometimes yield a small percentage gain) because you can get it from there in case an emergency situation happens. On the other hand, if you invested your money in a certain business, a period of time should take place first before you can get your investment in that particular business, because you cannot simply give them money and withdraw it whenever you like.

If you area good investor then most of the times you wont lose, or you gain more than lose eventually.

It's all about risk control, no pain, no gain lol.

Investing is a gambling so maybe you will loss or win but if you have a experienced on investimg you would not loss and you can earn a lot of money by investing.

This is not true friend even the best investors lose money on investments god knows i have. No i am not the best of investors but the majority of mine have come threw to profit thankfully. A few of the alt coin investments turned out bad but a few more turned out great same with bitcoin.

Gambling is not investing but most investing is taking a gamble go figure.

OP, i would advise against saving in banks, i would invest in gold what you thought about saving in the bank and i would invest the rest online and real estate then whatever happens you always have something. 'never hold all your eggs in one basket'

I say this because this is what i do and i have fun Cheesy

Dotakels

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Quote from: GreenStox on April 12, 2015, 04:31:01 PM

Quote from: dothebeats on April 12, 2015, 04:29:42 PM

But sometimes, investing your money may result to a loss, which is against the purpose of "saving" it from any other entities. Saving really helps, be it hiding the money under a pillow, a closet, or even putting it in a bank (which sometimes yield a small percentage gain) because you can get it from there in case an emergency situation happens. On the other hand, if you invested your money in a certain business, a period of time should take place first before you can get your investment in that particular business, because you cannot simply give them money and withdraw it whenever you like.

If you area good investor then most of the times you wont lose, or you gain more than lose eventually.

It's all about risk control, no pain, no gain lol.

Investing is a gambling so maybe you will loss or win but if you have a experienced on investimg you would not loss and you can earn a lot of money by investing.

GreenStox

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Quote from: dothebeats on April 12, 2015, 04:29:42 PM

But sometimes, investing your money may result to a loss, which is against the purpose of "saving" it from any other entities. Saving really helps, be it hiding the money under a pillow, a closet, or even putting it in a bank (which sometimes yield a small percentage gain) because you can get it from there in case an emergency situation happens. On the other hand, if you invested your money in a certain business, a period of time should take place first before you can get your investment in that particular business, because you cannot simply give them money and withdraw it whenever you like.

If you area good investor then most of the times you wont lose, or you gain more than lose eventually.

It's all about risk control, no pain, no gain lol.

dothebeats

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Quote from: GreenStox on April 12, 2015, 03:58:30 PM

Quote from: maku on April 12, 2015, 03:02:59 PM

Quote from: OpenOcean on April 07, 2015, 08:20:04 AM

Do both.

Invest 50% and save 50% (will change depending on your risk profile).

Saving more than 20% of your income is just wasting your money's potential to earn. You may do it, of course that is your choice, but you will be better with investing it, inflation of FIAT money are gonna eventually eat some of your savings away, depends on what currency you are using sooner or later. Check out this tool. It will help you calclutate your loss if you keep your money without investing: http://www.usinflationcalculator.com/

Well idnt but for me "saving" and "investing" is equivalent isnt it?

You cant just save it by putting money under your pillow, because the central bank thieves will steal it with inflation, so definitely investing is saving your money from those thieves.

But sometimes, investing your money may result to a loss, which is against the purpose of "saving" it from any other entities. Saving really helps, be it hiding the money under a pillow, a closet, or even putting it in a bank (which sometimes yield a small percentage gain) because you can get it from there in case an emergency situation happens. On the other hand, if you invested your money in a certain business, a period of time should take place first before you can get your investment in that particular business, because you cannot simply give them money and withdraw it whenever you like.

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Quote from: maku on April 12, 2015, 03:02:59 PM

Quote from: OpenOcean on April 07, 2015, 08:20:04 AM

Do both.

Invest 50% and save 50% (will change depending on your risk profile).

Saving more than 20% of your income is just wasting your money's potential to earn. You may do it, of course that is your choice, but you will be better with investing it, inflation of FIAT money are gonna eventually eat some of your savings away, depends on what currency you are using sooner or later. Check out this tool. It will help you calclutate your loss if you keep your money without investing: http://www.usinflationcalculator.com/

Well idnt but for me "saving" and "investing" is equivalent isnt it?

You cant just save it by putting money under your pillow, because the central bank thieves will steal it with inflation, so definitely investing is saving your money from those thieves.

maku

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Quote from: OpenOcean on April 07, 2015, 08:20:04 AM

Do both.

Invest 50% and save 50% (will change depending on your risk profile).

Saving more than 20% of your income is just wasting your money's potential to earn. You may do it, of course that is your choice, but you will be better with investing it, inflation of FIAT money are gonna eventually eat some of your savings away, depends on what currency you are using sooner or later. Check out this tool. It will help you calclutate your loss if you keep your money without investing: http://www.usinflationcalculator.com/

dothebeats

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Quote from: crazyearner on April 12, 2015, 01:35:12 PM

Only time it is good to save is if you are saving in something that holds value and will be worth saving for. If its fiat money then forget saving it maybe keep to buy something for the future or to put towards BTC and then keep BTC and wait for vale to go up. Or buy some BTC start trading with it among other cryptos and earn and put the profit towards future savings for when BTC is at a much better value.

But let's face it, bitcoins--although it has a lot of potential--still isn't a surefire way to get you to your riches. It is a good investment if you planned on holding it for long, or if you played your cards right but still there are possibilities that it can amount to nothing. I am not against bitcoins but let's face it, numerous other scenarios could happen along the way. Real estate and lands have a higher tendency to appreciate in value because as more and more people populate this world, the higher the value of their place to live will be. Just an opinion.

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Only time it is good to save is if you are saving in something that holds value and will be worth saving for. If its fiat money then forget saving it maybe keep to buy something for the future or to put towards BTC and then keep BTC and wait for vale to go up. Or buy some BTC start trading with it among other cryptos and earn and put the profit towards future savings for when BTC is at a much better value.

Dotakels

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Quote from: dothebeats on April 12, 2015, 12:16:13 PM

Quote from: Dotakels on April 11, 2015, 12:05:24 PM

Quote from: thejaytiesto on April 11, 2015, 10:07:20 AM

Quote from: aso118 on April 11, 2015, 07:32:05 AM

Quote from: planetroving on April 11, 2015, 02:24:49 AM

If it was me, I'd save about 50%, invest 25% in Bitcoin, and invest 25% in Gold. This is because the 50% you save would be 'safe', but the investment has the potential to grow, or not do so well.

50% is too high given the riskiness of Bitcoin.
Most planners recommend 0.5-1% in bitcoins.

It depends on your personal situation. As a family man yes, you want to avoid putting much of your portfolio in Bitcoin.

As a college guy living with his parents... I would say go apeshit and go 50%+.
No risk no big wins.

Saving your money will be low on risk but it would take a time.

How about diversifying your investments and keeping a half of your money in savings? This is a good plan for me, seeing that it's either win or lose in investing. At least you still have money in case something bad happens. Also, before planning on investing, you might as well allocate some money for expenses and utilities? But before going on to that, see to it that you'll have your savings ready first and the rest should go to expenses and, well, investments. Having a diversified portfolio sure helps, in case one of your investments failed to do you good.

Diversify make your money safe because if your other investment failed you have another investment so your money will not outweigh or decreased.

dothebeats

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Quote from: Dotakels on April 11, 2015, 12:05:24 PM

Quote from: thejaytiesto on April 11, 2015, 10:07:20 AM

Quote from: aso118 on April 11, 2015, 07:32:05 AM

Quote from: planetroving on April 11, 2015, 02:24:49 AM

If it was me, I'd save about 50%, invest 25% in Bitcoin, and invest 25% in Gold. This is because the 50% you save would be 'safe', but the investment has the potential to grow, or not do so well.

50% is too high given the riskiness of Bitcoin.
Most planners recommend 0.5-1% in bitcoins.

It depends on your personal situation. As a family man yes, you want to avoid putting much of your portfolio in Bitcoin.

As a college guy living with his parents... I would say go apeshit and go 50%+.
No risk no big wins.

Saving your money will be low on risk but it would take a time.

How about diversifying your investments and keeping a half of your money in savings? This is a good plan for me, seeing that it's either win or lose in investing. At least you still have money in case something bad happens. Also, before planning on investing, you might as well allocate some money for expenses and utilities? But before going on to that, see to it that you'll have your savings ready first and the rest should go to expenses and, well, investments. Having a diversified portfolio sure helps, in case one of your investments failed to do you good.

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