Topic: Is it better to save money or invest it? - page 71. (Read 1181232 times)
In my opinion, it should be invested before saving. Although there can be a safe in savings and the investment remains at risks.But is you don't take the risk at some time in life then it will not be beneficial.It would be better to be more profitable by investing.
Most of the time the bank is not going to give you anything and instead charge fees for having your money with them as if they were doing you a favor, and if they give you interest rates those rates are way lower than what the market can give to you.
Yes. That is quite disappointing since banks offer extremely low rates for the money you've invested into them. With this, you won't be able to grow your money within a short time frame. That is why, it is best to combine both saving and investing to preserve your financial future.
One of the most interesting things is that cryptocurrencies can deliver greater rates than those provided by banks. With interest rates of 5% and greater, many people can multiply their investments within a short time frame. Add to this, saving your money into Bitcoin for the long term, and you'll have peace of mind with your financial life.
That is one of the many reasons why cryptocurrencies have become so popular lately, and will greatly rival banks as people use cryptocurrencies more for their daily transactions. Since most cryptocoins are deflationary by nature, they're prone to rise in value over the long term. That's something which fiat currencies lack of, where they experience inflation, reducing your spending power in the future. Just my thoughts
Saving money and investing are all important. It is better to invest the half of your savings so that you can from your savings and you can double invest your profit.
Is it better to save money in bank or invest it online, in real estate or maybe gold?
I personally go for the investments, it is risky but you may win some good profits.If we will never take such kind of risks by investing our money, then we will never be able to make more money and that we will not be able to change our lifestyle. We need to invest our money in order to have some good days in the days to come.
i suggest you use your money for investment so somehow you'll earn a percentage from it unlike when you save it, it's just kept somewhere, no profit earned.
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.
maybe a little bit higher on what you have mentioned mate,i'll go for 50% on 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.
saving in bank.and 25% for bitcoin long term investment means holding,and the other
25% is for daytrading or investing in legitimate ICO that has a good potential for growth.
But ofcourse this was just my idea if im on your place still its your prerogative on what
to do with the funds
Is it better to save money in bank or invest it online, in real estate or maybe gold?
You can do both, saving and investing. Saving some of your money so you have money to spend on your daily needs. Invest the remaining to have a long term source of profit. So you can control your money and have earnings for your future.
For me,its better to save for sure coz we did'nt know what happen in the future,it maybe good also to invest like buying gold because it continue at high price
I'm doing both. There will be things you really want to buy so if you don't have savings, you are going to be tempted to use it which is one of your long term investments.
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. But the correct planning is the guarantee of a happy future.
Investment means giving the money to someone who uses it for their business and pays you back a dividend (and you normally get some kind of share that can be sold later). Think stocks.
"Save in bank" is actually a kind of investment. You give money to the bank, they use it for their business and give you a small interest (if at all) as dividend, and you can withdraw your money. With current interest rates, this is pretty boring, the only advantage compared to keeping money in a safe at home is that it's easier to do most types of payment, and that you don't need your own safe...
Buying precious metals is not an investment because those metals won't work with the money you paid for them. It's mostly speculation (you hope that you can sell it for a higher price) and safekeeping (real value of money can fall due to inflation, while precious metals will mostly retain their "real" value). But you need to consider storage fees.
To decide which is better you need to know what you consider "good".
Do you want to maximize your ROI? Do you want to store your wealth safely? Do you want to enable entrepreneurs to build their businesses?
Onkel Paul
For me, both of this is a better way of managing your money, it is only based on the holders perspective if he wants his money to grow surely, he should try to invest here. Saving is a good idea also because through that you can get money when you are in the times of financial crisis. "Save in bank" is actually a kind of investment. You give money to the bank, they use it for their business and give you a small interest (if at all) as dividend, and you can withdraw your money. With current interest rates, this is pretty boring, the only advantage compared to keeping money in a safe at home is that it's easier to do most types of payment, and that you don't need your own safe...
Buying precious metals is not an investment because those metals won't work with the money you paid for them. It's mostly speculation (you hope that you can sell it for a higher price) and safekeeping (real value of money can fall due to inflation, while precious metals will mostly retain their "real" value). But you need to consider storage fees.
To decide which is better you need to know what you consider "good".
Do you want to maximize your ROI? Do you want to store your wealth safely? Do you want to enable entrepreneurs to build their businesses?
Onkel Paul
Is it better to save money in bank or invest it online, in real estate or maybe gold?
Well you can take money to the grave with yourself can you? No. Therefore I think it's better to take risk and invest it. Who knows you might hit a jackpot and win yourself a vacation to that place you wanted for so long.
Is it better to save money in bank or invest it online, in real estate or maybe gold?
For me its better to invest, because money makes money if we invest money on bitcoin its a highly chance to gain more profitability, so all i can say is invest before save money.
If we saving then we get is able to take money whenever and wherever, but the money we saving will not increase, but if our goal is to double the money then investing is the thing we have to do.
Money make money. But it will not happen if you just save and make it flat. Investment is always a good sign and it is so different when it is online. You always need to earn money cause it need us badly. However if you invest in legit site like bitcoin,trading,gold you can earn a lot from that. But you have to learn first everything about this thing where you need to invest. So learn first then come to invest. It helps to you to earn a lot. So try to make money except save on the bank.
Invest on bitcoin to earn big profit or on some coins like ETH but dont forget to save money because investing costs to much and can made you stress. Savings is for assurance of future and security for financial emergency needs while investment is a risky one like savings but it can increase or decrease your money.
For me, invest first your money before savings. When we try to invest bitcoin, the money we invested are gain more with high profitable growth in the future, so we must invest first before savings.
Save if you don't have extra money. Invest if you have extra and you dare to take the risk. Saving is a form of investing but in the most conventional and safest way. Investing itself is a riskier type. Take time to think carefully. All I can say is, don't invest all your eggs in one basket.
Is it better to save money in bank or invest it online, in real estate or maybe gold?
Saving money in the bank is basically worthless because the bank only gives interest which is a joke compare to bitcoin profits. I think investing money in bitcoin is more smarter than just saving money in the bank. Also, if you invest your money into bitcoin you can make more profits compare to saving money in the bank where you can get only interest.
If you want a safe but the amount of interest you will earn will be very small, also inflation in long-run will make it lose your profit.
Investment is riskier than saving, because the market does not guarantee you a return, but this is much better.
It is just loss or gain by your hands.
There's a safe way, gold maybe for more secure. Although, bitcoin is still growing.
Investment is riskier than saving, because the market does not guarantee you a return, but this is much better.
It is just loss or gain by your hands.
There's a safe way, gold maybe for more secure. Although, bitcoin is still growing.
Jump to: