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Topic: Is it better to save money or invest it? - page 9. (Read 1181232 times)

newbie
Activity: 20
Merit: 0
Many new investors don't understand that saving money and investing money are entirely different things. They have different purposes, and play different roles, in your financial strategy and your balance sheet. Making sure you are clear on this fundamental concept before you begin your journey to building wealth and finding financial independence is vital because it can save you from a lot of heartache and stress.
I've witnessed firsthand, and spoken with many individuals, who lost everything despite having wonderful portfolios because they didn't appreciate the role of cash in their portfolio. Cash deserves respect. The goal of cash is not always to generate a return for you.
Perhaps the best place to start would be to spell out the differences between saving and investing for you, defining both concepts.
newbie
Activity: 98
Merit: 0
One thing is sure the olders persons doesn't like such innovation so invest for them is far away as you said youngs always take the risks and if lose they will recover since they can keep working and get those health back, but there is the sharks of investing are the oldest people more knowledge and they make it almost at low low risk investments
full member
Activity: 210
Merit: 100
Saving - is putting money aside, bit by bit. You usually save up to pay for something specific, like a holiday, a deposit on a home, or to cover any emergencies that might crop up, like a broken boiler. Saving usually means putting your money into cash products, such as a savings account in a bank or building society.
Investing - is taking some of your money and trying to make it grow by buying things you think will increase in value. For example, you might invest in stocks, property, or shares in a fund.
full member
Activity: 378
Merit: 103
Hands down it is better to invest money safely for an increase than saving it.
Saved money will only remain as it is and if affected by inflation the purchasing power will reduce.

I do not think that way. I think investment has a profit chance and risk of loss even to bankruptcy. we should think twice when doing this. but we should also not be too afraid to take risks for improvement. so it would be nice if we do both, because when we save our money will be intact and can be taken anytime to keep watch from things that are not in want.
full member
Activity: 378
Merit: 100
Just invest it anywhere you believe is legit and profitable. Just don't put all your eggs in one basket as we never know what happens in the future. Diversifying is the key. Currently I am also contemplating that my money stored in the bank for urgent need is just too big so I am thinking of a good alternative investment.
newbie
Activity: 20
Merit: 0
You can do both, so you can invest while you are saving money by investing
member
Activity: 253
Merit: 10
Is it better to save money in bank or invest it online, in real estate or maybe gold?
if you have lots of capital its better to do both side, invest money to bitcoin and save from the bank. invest is to make your money grow quickly and make a huge profit through bitcoin and save it into the bank as a fiat money to access and use every time as your needed.
hero member
Activity: 854
Merit: 500
I think that investing is better and can't explain why. Grin When i tried to invest my money i was failing all the time but i started saving and everything alright nowadays.
full member
Activity: 238
Merit: 100
Janinjo tips
There is no right answer to this question. It depends on market trends. I'm sure you can't go wrong with saving money. Market goes up and down all the time. Investment is very tricky, you can lose everything if you choose the wrong investment. Be careful, save money and when there will be a right time invest some of your savings. Maybe just 10%, not everything of course.
member
Activity: 122
Merit: 12
Investment would be the better option as you also need to look at the retirement perspective so if you are investing today you will get returns in future where you dont have any other source of income so its good to be independent even if you are retired.
full member
Activity: 1093
Merit: 103
I think investing is better than saving, this is because by investing then we can get big profit, whereas with saving then we do not get anything because usually interest banks not more than 1% per month.
Yes i will also like investment because in this tough time investment will very beneficial and we can make more easy our life,  but saving will never beneficial for our life and it will also never give us profit rather our saving will lose with time and maybe we cannot secure our future by saving.
I think that every person understands that always with increasing incomes in the family budget, we all try to spend more money, because there are more requests. In this connection, there can be no question of saving, since only investment and quality work can save the situation.
full member
Activity: 845
Merit: 100
Many people think the safe way that is with saving, I think this is wrong because if we saving then we do not get any benefit because bank interest is not more than 15% per year, whereas if we are investing then can get profit up to 100% per year.
member
Activity: 420
Merit: 10
I think investing is better than saving, this is because by investing then we can get big profit, whereas with saving then we do not get anything because usually interest banks not more than 1% per month.
Yes i will also like investment because in this tough time investment will very beneficial and we can make more easy our life,  but saving will never beneficial for our life and it will also never give us profit rather our saving will lose with time and maybe we cannot secure our future by saving.
sr. member
Activity: 574
Merit: 251
I think investing is better than saving, this is because by investing then we can get big profit, whereas with saving then we do not get anything because usually interest banks not more than 1% per month.
sr. member
Activity: 594
Merit: 250
Is it better to save money in bank or invest it online, in real estate or maybe gold?
it is much better to invest it, due to ther is a big chances that you roll your capital in just a matter short period of time if you save it in one place even you put it bank the interest was too small.
full member
Activity: 826
Merit: 111
Is it better to save money in bank or invest it online, in real estate or maybe gold?

I prefer saving in bitcoin and investing real estate


I would prefer to invest in bitcoin rather than saving money. Investing in bitcoin will bring more and more profits than profits / interest earned out of saving money in a bank. Saving money would take a long time to gain and multiple the capital more. The best option to grow well is pitching into crypto coins especially in Bitcoin. As price of all crypto coins have come down, its the right time to invest.
newbie
Activity: 88
Merit: 0
Is it better to save money in bank or invest it online, in real estate or maybe gold?

I prefer saving in bitcoin and investing real estate
full member
Activity: 518
Merit: 101
Is it better to save money in bank or invest it online, in real estate or maybe gold?
It is better to invest first then save the profit. Saving is good but it is more good when we invest our money to bitcoin. Bitcoin is the best investment for me and if I have money I will invest my money and then save the profit in this case we can grow our money fast unlike saving it all only a very little amount will be added to the amount we are saving. Invest first then save the earnings.
full member
Activity: 588
Merit: 104
it is better to keep half in the bank and invest with half. especially if you invest in real estate business or crypto market it may be take so long time to return your money back so it is better to keep half of your money in your bank account for any case.
hero member
Activity: 1316
Merit: 502
If you save money i the bank without investing it is a wrong decision,you will definitely spend it without replacing it ,and it will yield no interest for you,so it will be best you investing
Depositing money in your bank will not benefit you. More and more popular inflation in the world, the currency will depreciate in the future. If you invest in gold or bitcoin you will be profitable
Banks are only using our money to make more money, what we get from them is only a small part of their profits, so we should not be saving too much at the bank, we should focus on using our money to invest and receive better benefits. Many people want to live better and become richer but they live forever in savings, they are afraid of risk, that is very funny, to achieve what is bigger, we are forced to face the greater challenge, we should clearly understand and define what we want and go into the investment to get those things
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