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Topic: Savings Vs Investment? - page 18. (Read 7233 times)

full member
Activity: 1498
Merit: 146
July 30, 2019, 01:47:06 PM
The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They don’t have enough guidance that will help them to invest better.
I will say both are same in most of the situation because savings converted into investment and investment converted into savings so the the shape is different but the goal is same for everything
newbie
Activity: 26
Merit: 0
July 30, 2019, 11:49:56 AM
It totally depends on the invester, specially in the crypto. Investment gives much money more than savings. But it is good to invest wisely, need by choosing the good coin, right time to invest and the right amount of money.So investment is best way.
full member
Activity: 700
Merit: 100
Proof-of-Stake Blockchain Network
July 30, 2019, 06:22:42 AM
In investing its very difficult for them to put money for a high risk like a huge percent you will get to earn. Sometimes its can't take so long because it will have high risk. Earn or not every investment is always risky.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
July 30, 2019, 03:21:16 AM
for now, I keep thinking about the right way to invest, which allows me to produce without the need to work hard. well, maybe saving is pretty good, but I realize that it won't develop. maybe, it will be very good when we save when we have succeeded with the investment that we have.
hero member
Activity: 2968
Merit: 687
July 29, 2019, 01:48:02 PM
I agree. Savings are a good option but they can be better if transformed into investments. The only question is (as well as matter) what to invest in - cryptos, fiats, options, or gold?🤔 Any ideas?
Nowadays both are similar format so It depends on people knowledge, I think crypto investment is little different because we can earn big profit at short term so savings are only comfortable for long term investment people. This is the right time to invest on crypto investment because we will earn quick profit in current demand.
Investment i think is better because savings is actually an investment too. And if we only save our money, it wouldn't developed and only get fees per certain times. Investment both mid, short, or long term will be better.
Investment is always been better yet you would able to increase your savings on this case rather than letting your money sit on a bank or any other storage but if
you don't know on how to utilize your funds or isn't sure on where or how to invest then its more wise to keep those funds not moving rather than on risking it without any sureness or proper plan on mind.
sr. member
Activity: 882
Merit: 269
July 29, 2019, 01:00:10 PM
#99
I agree. Savings are a good option but they can be better if transformed into investments. The only question is (as well as matter) what to invest in - cryptos, fiats, options, or gold?🤔 Any ideas?
I do read many investment's books and all of them give advice that " saving is for the working class why investing is for the businessmen". The only way we can become extremely rich is to invest and if you cannot invest what you have saved you will forever remain poor or limited. Investing is the activities of the wise why saving are not always enough for the raining days.
full member
Activity: 560
Merit: 101
July 29, 2019, 11:52:12 AM
#98
If I think this investment and savings are different, investment can add to the coffers of money that we have but savings do not add to the coffers of our money, and again this investment has a risk of loss too, so if it is told to choose then I keep  choose investment because you want to make a profit even though it's at risk
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
July 29, 2019, 11:15:52 AM
#97
I agree. Savings are a good option but they can be better if transformed into investments. The only question is (as well as matter) what to invest in - cryptos, fiats, options, or gold?🤔 Any ideas?
Nowadays both are similar format so It depends on people knowledge, I think crypto investment is little different because we can earn big profit at short term so savings are only comfortable for long term investment people. This is the right time to invest on crypto investment because we will earn quick profit in current demand.
Investment i think is better because savings is actually an investment too. And if we only save our money, it wouldn't developed and only get fees per certain times. Investment both mid, short, or long term will be better.
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
July 29, 2019, 11:06:32 AM
#96
~snipped~
If we are talking about Bitcoin or any other stuff like these 2 things are related each other. I mean, the more you are saving your assets like Bitcoin or gold and that means you are doing an investment as well by holding those assets.
full member
Activity: 476
Merit: 100
July 29, 2019, 10:19:00 AM
#95
I agree. Savings are a good option but they can be better if transformed into investments. The only question is (as well as matter) what to invest in - cryptos, fiats, options, or gold?🤔 Any ideas?
Nowadays both are similar format so It depends on people knowledge, I think crypto investment is little different because we can earn big profit at short term so savings are only comfortable for long term investment people. This is the right time to invest on crypto investment because we will earn quick profit in current demand.
newbie
Activity: 138
Merit: 0
July 29, 2019, 10:07:45 AM
#94
I agree. Savings are a good option but they can be better if transformed into investments. The only question is (as well as matter) what to invest in - cryptos, fiats, options, or gold?🤔 Any ideas?
full member
Activity: 434
Merit: 102
July 10, 2019, 01:53:41 AM
#93
Savings shouldn’t be something that you do for a long time, whenever you’re saving money you should be saving it for a purpose and not just because you kind of wants to increase your wealth or something like that. When you save money, it should be because you want to maybe use it to invest in your business later and grow that business to be able to gain more income in the future. Investment is good and savings is good as well, but the highest investment you can do is your own personal business. Take for example you have cloth production company, it would be better for you to invest and grow that company to a bigger one. Just saying.
sr. member
Activity: 1162
Merit: 251
July 09, 2019, 07:22:30 AM
#92
Both are actually profitable, .....

They are really not.

Investing is taking risk and it could be profitable if you are successful on it, on the hand, saving money is like keeping it safe and it does not really make you profitable, unless maybe if you deposit or invest it in the bank to earn some interest, but if you compare it against the inflation rate, it's hard to tell if it can really make profit, maybe saving to earn some interest would just hedge you from inflation rate but if hyper inflation is happening in your country, I doubt that.

saving at the bank does not mean without risk? The bank can also collapse if there is an economic crisis and you will find it hard to get your money back, besides inflation is something you should consider too. I think investment is also important, you need funds to move and grow so that you have financial backups in the future
full member
Activity: 2520
Merit: 204
July 08, 2019, 08:40:03 PM
#91
The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They don’t have enough guidance that will help them to invest better.

For me investing is gambling.you said that investment is not a gambling but for me it is.because when you do buss. And invest you never know if you gonna lose or you gonna win.if you lose your investment will go for nothing but if your buss got a big profit then good for you.in investing you are a gambler you have to face the reality accept of what will be hqppened if its good or bad.
In some point saving was good to those who wants to save there wealth without fearring of missing your wealth.like saving int the bank we think it is safe in this place that you already have welath never affraid looking for the future.
You can do both you can do saving while you do also investing.its up you to decide.
jr. member
Activity: 224
Merit: 3
July 06, 2019, 07:50:14 AM
#90
Both are actually profitable, .....

They are really not.

Investing is taking risk and it could be profitable if you are successful on it, on the hand, saving money is like keeping it safe and it does not really make you profitable, unless maybe if you deposit or invest it in the bank to earn some interest, but if you compare it against the inflation rate, it's hard to tell if it can really make profit, maybe saving to earn some interest would just hedge you from inflation rate but if hyper inflation is happening in your country, I doubt that.

From the comments and complaints of many people, almost everyone will not like to save in the bank regardless of whether the bank makes a profit for them or not because with a certain calculation, we all know that putting money in a bank cannot give us an impressive source of profit. And in a developed society, everything is increasing very fast, saving in the bank will not be a good method, people prefer to invest, accept the risks that investment brings, in return, they will receive huge profits, survived in a difficult economic era
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
July 06, 2019, 06:57:21 AM
#89
Both are actually profitable, .....

They are really not.

Investing is taking risk and it could be profitable if you are successful on it, on the hand, saving money is like keeping it safe and it does not really make you profitable, unless maybe if you deposit or invest it in the bank to earn some interest, but if you compare it against the inflation rate, it's hard to tell if it can really make profit, maybe saving to earn some interest would just hedge you from inflation rate but if hyper inflation is happening in your country, I doubt that.
sr. member
Activity: 910
Merit: 251
July 06, 2019, 06:02:34 AM
#88
True.

With the right choices into where you will land your money it could be profitable.
Saving is just for the banks and government to keep your money in idle. Better put it into something where someday it will have fruits.

I dont think a larger percentage of people in the world have that same kind of thinking. Just living is enough with a little money on the bank.
Yes but it is again not very easy to make the best investment decision. There are people who have to contact and consultancy agencies who change them money and guide them about which asset or coins to invest in. The best thing is when you understand the market, you would be able to figure out how to go about your investment and of course the investment makes you more money than what you could make by saving the money in a bank.

Investments that makes good money can generate sustainable profit so you could save it in your bank. That's a strong confidence when we see our asset generated huge profit, but if not you won't able to save money in order to grow your savings. Taking decisions on investing is quite difficult, that's why it's better to have stagnant money in your savings rather than risking on uncertain money making that has no favorable assurance.

Both are actually profitable, their difference only is that on investment We can able to roll our capital into twice or more, and it could not also roll the capital investment too. While in savings I don't see any risk if the coins you hold is really has a potential and promising, but if not there is also risk in the end.
sr. member
Activity: 2618
Merit: 439
July 06, 2019, 05:18:14 AM
#87
 I  believe that both saving and investment has an individual advantage and it all matter on how to manage it. Investing is sufficient for those who want to earn accumulate profits and willing to take tge risk. But we have to be wise and secure our money by saving appropriably.
Surely it is good to invest your money as long as we can because holding your money is useless it is only waste of time but when you invest your money it increases more than double even triple, so I prefer investing money it gives me profit and makes ways for me to survive in future rainy days, I can see price of my invested coin is rising gradually.
Of course, investing is way better, that is if you have extra money in your pocket to put, say in crypto and doesn't touch it for as long as you can. That's we are really amaze by those long term holders here, specially early adopters who just lit it sit in their wallet and wait for the perfect opportunity to cash it out and make their millionaires.
sr. member
Activity: 1236
Merit: 252
July 06, 2019, 01:17:37 AM
#86
 I  believe that both saving and investment has an individual advantage and it all matter on how to manage it. Investing is sufficient for those who want to earn accumulate profits and willing to take tge risk. But we have to be wise and secure our money by saving appropriably.
Surely it is good to invest your money as long as we can because holding your money is useless it is only waste of time but when you invest your money it increases more than double even triple, so I prefer investing money it gives me profit and makes ways for me to survive in future rainy days, I can see price of my invested coin is rising gradually.
legendary
Activity: 2338
Merit: 1124
July 04, 2019, 01:45:12 AM
#85
The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They don’t have enough guidance that will help them to invest better.
savings are always useful in the future generation but investment make you future life for you but the investment is more riskier than the savings that's why whatsapp people don't try to invest in unknown investment but savings is always give the security for your future
saving is good for collecting your wealth, but never forget inflation, of course you don't want to save money too long but precisely the value of your wealth continues to erode due to inflation, thats why other options to save are very important, namely with investment
Well, everything comes with its own risk too, you could decide to put your money too in assets and the assets depreciate, you could put it in an investment and the investment will collapse too, so there is absolutely nothing that doesn’t have risk. If we keep considering the risk, we will find ourselves not moving forward. We just have to make some drastic wise decision concerning so many things, and in this case, the best for me would be to practice both.

It is not bad if in have investment and not also bad if I have savings, they all have their own different and major roles to play in the financial system of one’s life.Without investment, there is no way we can continue to accumulate wealth, and without investment too, there is no way we can continue to have money for the savings, so both are vice versa.
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