Is it better to save money or invest it? - page 73.

Kasabus

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Quote from: sarjilcse on January 02, 2018, 02:19:34 AM

I would like to choose both for you ! save or invest kinda same !
Save means there is no profit but invest means you will got extra profit or may be lose something !!
so Save some money and invest some money in trusted place !!!

Doing both are really good if you have the capacity to do it.
If we want something in our life we need to work for it, dream big and go out of your comfort zone as that is the only chance you'll
be able to fulfill your dreams faster, investing is risky but you need to do it to grow your money, when you are saving that is boring because no risk
but your money is subject for inflation.

davinchi

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Quote from: gladiusnl on December 31, 2017, 02:51:48 AM

i think investing is always a better option because you can make more money but it still depend on your financial budget saving is much more secured though.

Savings is a necessary thing that has to be done. If you have a good business that makes you a lot of money daily, then I don’t see any reason for you to be looking for a place to invest your money, you can just be saving what you getting from your own business. Investment can be risky at times.

sarjilcse

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I would like to choose both for you ! save or invest kinda same !
Save means there is no profit but invest means you will got extra profit or may be lose something !!
so Save some money and invest some money in trusted place !!!

ricardobs

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Quote from: ZenRoy on December 30, 2017, 04:41:33 AM

Risking you money in bluechips is a lot better than saving it in your bank. Growth is not 100% guaranteed, but gains are very much probable.

You’re very right, a simple comment that packs a lot of sense in it. Investment is the best, I will prefer to invest my money than saving it little by little. Savings makes no sense in some cases, though it’s a normal thing that has to be done.

Quote from: rancidgash on December 30, 2017, 04:43:03 AM

Quote from: Sanitough on December 30, 2017, 04:35:06 AM

Quote from: sister1001 on December 29, 2017, 06:44:43 PM

That is why we have to take the risk, investing in bitcoin and in the entire crypto market is a big risk taking action but we can definitely earn
greater reward if we are wise enough. Saving is good but investing is a way to grow your money fast, take the risk if you believe in yourself you will be successful.

Everyone could be interested, but only the real purchase would give a real motivation for serious and profound knowledge of the currency and comfort of its use. It is enough to buy even one bitcoin (even half and a quarter would do the job) to create knowledge and skills that will pay off in the long run.

Investment depends on what kind of stuff you’re investing on, and another thing we should all know is that investment is very risky, while saving is a 0% risk. Well, it’s worth taking risks and making the money, if you don’t take risks, you won’t earn nothing.

Rufsilf

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Quote from: Makka on January 02, 2018, 12:59:50 AM

Quote from: daddypastes on January 02, 2018, 12:55:21 AM

Quote from: Amph on March 26, 2015, 08:45:23 AM

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.

Makka

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Quote from: daddypastes on January 02, 2018, 12:55:21 AM

Quote from: Amph on March 26, 2015, 08:45:23 AM

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.

daddypastes

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Quote from: Amph on March 26, 2015, 08:45:23 AM

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....

vanillasam98

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Quote from: veronikka on January 01, 2018, 10:31:48 PM

I might suggest, cut it into two. invest the half and save the rest, be wise investing is not always successful so much better if you have savings because it will help you in times of need

Yeah good plan, at least you will have some money to work with if the investment is gone.

julgal971

newbie

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Quote from: Andrej Peiboski on January 01, 2018, 10:34:09 PM

Well, to "save" money is only a kind of investment with a very low rate of profit!
(and you can't be sure that money won't lose its value)
Much more better to study the market, and to take wise decisions.

I think save money isn't giving you a profit because it's depending on which one you're saving. Like gold or Bitcoin.

Andrej Peiboski

member

Activity: 350

Merit: 12

Well, to "save" money is only a kind of investment with a very low rate of profit!
(and you can't be sure that money won't lose its value)
Much more better to study the market, and to take wise decisions.

veronikka

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I might suggest, cut it into two. invest the half and save the rest, be wise investing is not always successful so much better if you have savings because it will help you in times of need

JohnnyCashers

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i think investment is better than saving money in the bank, investing money in bitcoin will increase your profit.

Murador0729

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It is better to invest your money rather to save it. Your money needs to grow for your own purpose. If you want to be rich, invest it.

boksoon

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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?

For me I choose savings 50% and another 50% is investment of bitcoin that's my plan if i have enough money for the better future. real estate business of gold is not so progressive than Bitcoin. in just a couple weeks from now when you start investing your money into bitcoin the result is not for 1 month longer but in every hour when you just keep monitoring the Price Value and enjoy the movable price in every seconds. don't lose your hope if the price value will falling down that's normal but remember if the price falling down there is a hope for moving up

Sexie

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Quote from: Amph on March 26, 2015, 08:45:23 AM

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

. In my suggestion saving in the bank is good also especially foreign currencies like dollar. When the value is gettting higher you can exchange it by your local currency and you gain profit. Sometimes people use to buy dollars and exchange it to block market when the currency exchange is too high.

lalunalaguna

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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?

For me, it will be better to do both saving and investing. Better save what you have gained from your investment so that you can use them up for future purposes or agenda that will be needed to be met in the future. Investing is like just a purposive spending wherein you are spending to have a purpose and that was to gain a profit from your capital money you have invested to. So combining or making the two simultaneously will be beneficial in your part.

ChrishAi28

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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?

It depends, if you have a lot of money you can invest to more profitable. Then if you have a little amount of money just for you, better save it, if you earn much then go invest it if you want.

Famnant

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I think it is better to invest your money than save it, and you should never depend on one source of money, you have to create more than two.but before investing money in something you have to invest some of your time learning about it.

deppil

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Quote from: yvesp110 on December 31, 2017, 03:41:47 PM

Quote from: billionaireSHS on December 31, 2017, 12:24:04 AM

For me it is better invest than saving your money to a bank because investing has a return income than saving your money but investing is much risky than saving your money.

I am also with investing ones money in the right place than keeping it in some bank which will be making million dollars by investing the customer’s money into big businesses and returning a negligible sort of interest rate to the customer. Now that we really have a good option like bitcoin, we don’t have any real reason to keep us away from investing in here. I am trying to take full advantage out of this opportunity. So far, it has been a true blessing.

I think saving is not an option but a necessity. you can not compare save with investment, you can not bathe the profits to be gained between saving and investing, because they are two different things of function and purpose? save to collect your money from the income you get, while the investment is an additional income you can choose, yes you right the investment has a risk therefore save is indispensable

Japinat

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Quote from: Active0303 on December 31, 2017, 05:38:54 PM

Really it is better to save mony, because it is better to invest money so your money is still growing in a span of time not unlike if you just save it. So I tell you if you want to rich soon then invest your money in bitcoin. Its best way to save money.

Saving money and investing in bitcoin must be done together, if you are making money from your investment but you are not good in saving then I am sure you will end up nothing. Always bear in mind that investing does not always guarantee success, therefore you need to have a buffer funds in the event your not making an income based on your expectation.

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