No one is advised to invest all he has, try to apportion your wealth to suit you. Certain percentages should be kept aside to meet day to day expenses and the other saved for unforeseen circumstances while the excess can then be invested. This way, you can have a balance.
It shouldn't be an option between one and the other either to save or to invest when you can make plans to fitting both options in your budget. You can save and at the same time have something to invest because investment and savings save different purposes although they work to meet the same goal which is to have money set aside that can be depended on tomorrow. In your budgets the question now is which do you give more important to, that is when you plan for both of them of course. Will you have more money for investment or more to savings? To me having more money set aside into investment is better than having more set to savings and less to investment. Invest more than you save. 
Topic: Why we should prioritize investment over saving - page 10. (Read 2277 times)
I also advise us to save first instead of investing. Investing means we can win or lose, investing does not always win. And what will happen to us if we fall into an emergency situation and our investment is at a loss of 50%? But if we have a little money saved for those emergencies, things will become easier.
In my opinion, a job with a stable income along with some savings should be a priority before we want to invest. Investing is also really important because it can give us the opportunity to increase our wealth quickly as well as prevent inflation, but it should not be the top priority in life.
In my opinion, a job with a stable income along with some savings should be a priority before we want to invest. Investing is also really important because it can give us the opportunity to increase our wealth quickly as well as prevent inflation, but it should not be the top priority in life.
First try to save some amount and don't invest prior to learn well about investment because investment is not easy and you will have to work for it. If you get succeeded in getting knowledge then do some investment but leave some money for other purposes because from investment you cannot take out your used money immediately before enhancing in rate.
Saving is first priority but investment is also important because it will help you to sustain a stable and happy life whereas saving amount can help you to manage the condition of emergency only. You can fulfil your dreams and needs with the help of investment but you cannot use your saved amount for your dreams.
You made some senses but the fact is that what has an advantage is also opposite to disadabi. @ OP, do not forget that the above mentioned investments also experiences inflations. However, saving your funds at where it doesn't profer income is a waste of time and resources because the range of times the money wasn't invested was like a dormancy finance in a stagnant degree. However, strategically, at the expectations of inflation in times ahead, it is economically wise to also save ahead of inflation so you purchase profitably during deflation
When you say that gambling is profitable, it means that you always win when you play gambling. The question is, is it possible to always win big in gambling? Maybe it's possible, but only with a small amount of winnings. Because most gamblers usually lose in gambling, right? I have not seen any gambler who wins big money every day gambling, because if there is, and that is true, then for sure all casinos will lose money and close the crypto gambling industry.
There isn't really a clear way to make money from gambling at all, I think it's quite clear that we are going to end up with some sort of good return from something, and if that is possible then we should consider the possibility that gambling is a thing that will lose us money instead. Investing is opposite, the longer you hold, the more chance you could make money.
Well, saving is always a good choice because that will also serve as your solution everytime there's an emergency and having an instant cash is necessary. Therefore, it's indeed never a bad idea to save. We should not chose the other option (investing) if we can do both. Because you can still invest in any opportunities out there without draining your savings.
Financial management has a crucial role in order to do this. We should know how much is needed funds to allocate for the investment that you wants to venture. While leaving some of the money as savings so incase something didn't go as planned, you still have other option where you can start over again.
Financial management has a crucial role in order to do this. We should know how much is needed funds to allocate for the investment that you wants to venture. While leaving some of the money as savings so incase something didn't go as planned, you still have other option where you can start over again.
I also advise us to save first instead of investing. Investing means we can win or lose, investing does not always win. And what will happen to us if we fall into an emergency situation and our investment is at a loss of 50%? But if we have a little money saved for those emergencies, things will become easier.
In my opinion, a job with a stable income along with some savings should be a priority before we want to invest. Investing is also really important because it can give us the opportunity to increase our wealth quickly as well as prevent inflation, but it should not be the top priority in life.
No guarantee on anything especially if we take a risky path on investment that's why its important for us to have savings so that we can handle anything if we don't succeed on the investment choice we pick.
Also once we have savings we can try multiple things that's why I can say both is important so that we can handle things that needed to consider that's why people need to think about having multiple source of income so that they can do both and will not lose to something that they don't experience yet. I know investment is really great compare to saving but we need to have both so that we will not totally get hurt and survive if everything we expect didn't happen.
be able to avoid. This is why on the time that you do have savings at least then you could really be having that chance on having that recovery because you do have the funds,compared into those people
who dont have any financial back up then it would really be ending up on a complete failure. This is where you would really be able to realize about its relevance.
People would really be that normally be having that kind of realization when they are on tough situations. Just like on what others been saying above that once you do have that
different income source or making money methods then you could really be anytime making that kind of savings as you wanted.
This is why it would really be always best to have those back ups from time to time.
Well, saving is always a good choice because that will also serve as your solution everytime there's an emergency and having an instant cash is necessary. Therefore, it's indeed never a bad idea to save. We should not chose the other option (investing) if we can do both. Because you can still invest in any opportunities out there without draining your savings.
Financial management has a crucial role in order to do this. We should know how much is needed funds to allocate for the investment that you wants to venture. While leaving some of the money as savings so incase something didn't go as planned, you still have other option where you can start over again.
Financial management has a crucial role in order to do this. We should know how much is needed funds to allocate for the investment that you wants to venture. While leaving some of the money as savings so incase something didn't go as planned, you still have other option where you can start over again.
I also advise us to save first instead of investing. Investing means we can win or lose, investing does not always win. And what will happen to us if we fall into an emergency situation and our investment is at a loss of 50%? But if we have a little money saved for those emergencies, things will become easier.
In my opinion, a job with a stable income along with some savings should be a priority before we want to invest. Investing is also really important because it can give us the opportunity to increase our wealth quickly as well as prevent inflation, but it should not be the top priority in life.
The truth is, it is not everyone who actually have the capacity to invest no matter the amount they have on them, they'd rather dump their money in the banks till they are ready to make use of it. This is because they are scared of taking risks. Now the question is "can you save your money in fiat for over two or three years and still get thesame value when you withdraw? You know the answer already.
Saving is still good but keeping your funds idle for a long period of time has a higher chance of reducing its value. There are lots of low risk investments one can channel their funds to like investing in lands which has zero or very little maintenance charge or even investing in gold. You have your money intact and even get returns on your investment.
No one is advised to invest all he has, try to apportion your wealth to suit you. Certain percentages should be kept aside to meet day to day expenses and the other saved for unforeseen circumstances while the excess can then be invested. This way, you can have a balance.
Having considered what inflation does to the value of money, I think it’s still worth it to have a reasonable amount of money in savings. If one wants to save money for a long period of time, there are accounts(fixed deposits account)opened for just that purpose. That way, you won’t feel the brunt of inflation that much.
It’s also real nice to have an investment as if managed properly, it could turn out very profitable but you should note that investments ordinarily take quite a long time before it starts to constantly yield positive results if any.
Sadly, not everyone has the means to have an investment as there are a lot of people who struggle to save. If it’s difficult to save, how then could they squeeze out money to invest?
It’s also real nice to have an investment as if managed properly, it could turn out very profitable but you should note that investments ordinarily take quite a long time before it starts to constantly yield positive results if any.
Sadly, not everyone has the means to have an investment as there are a lot of people who struggle to save. If it’s difficult to save, how then could they squeeze out money to invest?
Well, saving is always a good choice because that will also serve as your solution everytime there's an emergency and having an instant cash is necessary. Therefore, it's indeed never a bad idea to save. We should not chose the other option (investing) if we can do both. Because you can still invest in any opportunities out there without draining your savings.
Financial management has a crucial role in order to do this. We should know how much is needed funds to allocate for the investment that you wants to venture. While leaving some of the money as savings so incase something didn't go as planned, you still have other option where you can start over again.
Financial management has a crucial role in order to do this. We should know how much is needed funds to allocate for the investment that you wants to venture. While leaving some of the money as savings so incase something didn't go as planned, you still have other option where you can start over again.
I also advise us to save first instead of investing. Investing means we can win or lose, investing does not always win. And what will happen to us if we fall into an emergency situation and our investment is at a loss of 50%? But if we have a little money saved for those emergencies, things will become easier.
In my opinion, a job with a stable income along with some savings should be a priority before we want to invest. Investing is also really important because it can give us the opportunity to increase our wealth quickly as well as prevent inflation, but it should not be the top priority in life.
No guarantee on anything especially if we take a risky path on investment that's why its important for us to have savings so that we can handle anything if we don't succeed on the investment choice we pick.
Also once we have savings we can try multiple things that's why I can say both is important so that we can handle things that needed to consider that's why people need to think about having multiple source of income so that they can do both and will not lose to something that they don't experience yet. I know investment is really great compare to saving but we need to have both so that we will not totally get hurt and survive if everything we expect didn't happen.
Well, saving is always a good choice because that will also serve as your solution everytime there's an emergency and having an instant cash is necessary. Therefore, it's indeed never a bad idea to save. We should not chose the other option (investing) if we can do both. Because you can still invest in any opportunities out there without draining your savings.
Financial management has a crucial role in order to do this. We should know how much is needed funds to allocate for the investment that you wants to venture. While leaving some of the money as savings so incase something didn't go as planned, you still have other option where you can start over again.
Financial management has a crucial role in order to do this. We should know how much is needed funds to allocate for the investment that you wants to venture. While leaving some of the money as savings so incase something didn't go as planned, you still have other option where you can start over again.
I also advise us to save first instead of investing. Investing means we can win or lose, investing does not always win. And what will happen to us if we fall into an emergency situation and our investment is at a loss of 50%? But if we have a little money saved for those emergencies, things will become easier.
In my opinion, a job with a stable income along with some savings should be a priority before we want to invest. Investing is also really important because it can give us the opportunity to increase our wealth quickly as well as prevent inflation, but it should not be the top priority in life.
Saving is important, but inflation can erode the value of money. Investing in Bitcoin or land, for example, can help preserve value over the long term. I think investing a little more than just saving helps protect against inflation. You need to find a middle ground for all of this, and this is often difficult to do.
Actually, both provide benefits.Saving in the form of Fiat will maintain our economic stability,
keep when we need fiat money directly for the needs of life and several other things.
And Investment is also needed to develop the assets we hold.
Like buying land, of course the price will always rise and this will be a set of no moves that can provide many benefits.
And buy some Gold jewelry, making it a "Safe Haven" asset that will rise in the next few years.
And also bought Bitcoin as a volatile Digital asset with significant development.
All of that will be profitable investment assets and have their own advantages and advantages.
Doesnt matter on which one you would really be focusing as long it would really be that beneficial for you. It is really just that depending on how you would really be making decisions
which you do know that it could put you up on advantage.
There are ones who succeed out and there are ones who do fail depending or basing up on their plans and actions that they are making.Outcomes could be random
yet there are other factors on which it could affect in overall things that you are dealing with.
You made some senses but the fact is that what has an advantage is also opposite to disadabi. @ OP, do not forget that the above mentioned investments also experiences inflations. However, saving your funds at where it doesn't profer income is a waste of time and resources because the range of times the money wasn't invested was like a dormancy finance in a stagnant degree. However, strategically, at the expectations of inflation in times ahead, it is economically wise to also save ahead of inflation so you purchase profitably during deflation
When you say that gambling is profitable, it means that you always win when you play gambling. The question is, is it possible to always win big in gambling? Maybe it's possible, but only with a small amount of winnings. Because most gamblers usually lose in gambling, right?
I have not seen any gambler who wins big money every day gambling, because if there is, and that is true, then for sure all casinos will lose money and close the crypto gambling industry.
Having some savings in this day and age is not too bad, but given how fast inflation eats up on the value of that idle money, it's best to make it work while it's just sitting there. A 1-5% increase each year compared to none at all on your idle money is infinitely better. It offsets inflation quite a bit and you're still making money when it could have been collecting fees and interest from the bank, which further eats up on your savings.
Gold is one good investment that a lot of people can easily have access to. Cryptocurrency is another, although with the risk and volatility that comes with it, it's not recommended to a lot of newbie investors who are seeking to do something with their money while it's just idle at the banks.
Gold is one good investment that a lot of people can easily have access to. Cryptocurrency is another, although with the risk and volatility that comes with it, it's not recommended to a lot of newbie investors who are seeking to do something with their money while it's just idle at the banks.
savings is not about entire wealth storage.. its just a rainy day fund to avoid debt/negative interest of credit cards
once you have a 1 month rainy day fund. then invest your next months income excess into investments.
you will be less likely to sell investments at a loss or go back to borrowing to cover rainy day surprises
this way you dont get into debt or lose investments when surprises happen. thus instead maximise your investment wealth accumulation by not getting emotional about investments needs to cash out ASAP when surprises happen
if you can frugally save up 1 months of expenses in 3 months. this means once you have a savings amount for rainy days. then you dont need to fund more into that rainy day and instead put 33% of income into investments. knowing you dont NEED to cash out investments to cover emergencies. but instead buy-sell (low high) repeatedly to maximise investments
Having some savings in this day and age is not too bad, but given how fast inflation eats up on the value of that idle money, it's best to make it work while it's just sitting there. A 1-5% increase each year compared to none at all on your idle money is infinitely better. It offsets inflation quite a bit and you're still making money when it could have been collecting fees and interest from the bank, which further eats up on your savings.
Gold is one good investment that a lot of people can easily have access to. Cryptocurrency is another, although with the risk and volatility that comes with it, it's not recommended to a lot of newbie investors who are seeking to do something with their money while it's just idle at the banks.
Gold is one good investment that a lot of people can easily have access to. Cryptocurrency is another, although with the risk and volatility that comes with it, it's not recommended to a lot of newbie investors who are seeking to do something with their money while it's just idle at the banks.
Well, saving is always a good choice because that will also serve as your solution everytime there's an emergency and having an instant cash is necessary. Therefore, it's indeed never a bad idea to save. We should not chose the other option (investing) if we can do both. Because you can still invest in any opportunities out there without draining your savings.
Financial management has a crucial role in order to do this. We should know how much is needed funds to allocate for the investment that you wants to venture. While leaving some of the money as savings so incase something didn't go as planned, you still have other option where you can start over again.
Financial management has a crucial role in order to do this. We should know how much is needed funds to allocate for the investment that you wants to venture. While leaving some of the money as savings so incase something didn't go as planned, you still have other option where you can start over again.
In investment, when we choose the right opportunity, we can set aside savings little by little for the future. Although the savings are not bad, it's just that even if you put them in the bank, the interest that the bank will pay per year is small.
Unlike investment, it is not like that; instead, it can double the existing capital or more depending on the demand that happens. Although
there is only high risk in the investment category,.
Unlike investment, it is not like that; instead, it can double the existing capital or more depending on the demand that happens. Although
there is only high risk in the investment category,.
Saving is important, but inflation can erode the value of money. Investing in Bitcoin or land, for example, can help preserve value over the long term. I think investing a little more than just saving helps protect against inflation. You need to find a middle ground for all of this, and this is often difficult to do.
Actually, both provide benefits.Saving in the form of Fiat will maintain our economic stability,
keep when we need fiat money directly for the needs of life and several other things.
And Investment is also needed to develop the assets we hold.
Like buying land, of course the price will always rise and this will be a set of no moves that can provide many benefits.
And buy some Gold jewelry, making it a "Safe Haven" asset that will rise in the next few years.
And also bought Bitcoin as a volatile Digital asset with significant development.
All of that will be profitable investment assets and have their own advantages and advantages.
Right. Saving money is good but inflation can slowly erode its value. Investing in things like Bitcoin, land, or gold can be a way to beat inflation and make your money work for you but it really depends on your priorities. These assets have the potential to grow over time, helping your wealth keep up with or even outpace the rising cost of living but it's essential to be aware that investing carries risks and values can fluctuate. We all have different priiorities so learn to not compare yourself
It really depends on a person's situation, there are some who prefer to save their money so they can easily get it when needed. We also have different sources of income, some people earn just enough and some have too much. You are right that it would be better to invest money to grow it but let's not forget to save, let's just diversify our finances properly.
Saving is always our first step towards creating opportunities when planning for an investment. If you have sufficient amount of savings, you can invest whatever you want even as risky as bitcoin is. Since it’s your hard-earned funds, you can always put an amount that you are comfortable to lose anytime.
However, the challenge here is how to make your investment work and becomes profitable so that your savings will never go into waste. By having high tolerance in any risky investment, and can definitely manage the risks, then the chances to make that investment successful will be certainly high.
Saving is only good if you don’t have plans to grow your funds massively, and seeing it after couple of years, the amount is still the same. But if you decide to invest, the chance to lose it will be possible but there’s also bigger chances that you will be profitable and make your capital 5x or 10x from your capital. But of course, the process to make it grow is not always smooth but certainly quite tough and hard. So it’s up to you to decide whether you want to see your funds intact or take the risk and see it becomes huge in the future.
Unless if you are born on a family which does have that good financial standing or status then it wont really be needing for you to work hard for you to have that capital but of course not everyone ends up on this kind of scenario on which majority would really be that be depending with their own savings or money that had been that accumulate whether into their income sources and sidelines on which it is true that having savings should really be something in default into someones life and wont really be that tending to be that not mindful about those future plans and endeavors one someone could really be having.However, the challenge here is how to make your investment work and becomes profitable so that your savings will never go into waste. By having high tolerance in any risky investment, and can definitely manage the risks, then the chances to make that investment successful will be certainly high.
Saving is only good if you don’t have plans to grow your funds massively, and seeing it after couple of years, the amount is still the same. But if you decide to invest, the chance to lose it will be possible but there’s also bigger chances that you will be profitable and make your capital 5x or 10x from your capital. But of course, the process to make it grow is not always smooth but certainly quite tough and hard. So it’s up to you to decide whether you want to see your funds intact or take the risk and see it becomes huge in the future.
If you do really like to have a life which it doesnt really have that kind of financial problems then you should really be needing to work for that for you to obtain such state and we do know that the only way
on doing or acquiring this is to have investment or business.Somewhat it might really that easy to say but its actually that very hard to obtain such success on which you would really be
needing to do such hard work and wise decisions in regarding into the steps that you are planning to have.
Saving is always our first step towards creating opportunities when planning for an investment. If you have sufficient amount of savings, you can invest whatever you want even as risky as bitcoin is. Since it’s your hard-earned funds, you can always put an amount that you are comfortable to lose anytime.
However, the challenge here is how to make your investment work and becomes profitable so that your savings will never go into waste. By having high tolerance in any risky investment, and can definitely manage the risks, then the chances to make that investment successful will be certainly high.
Saving is only good if you don’t have plans to grow your funds massively, and seeing it after couple of years, the amount is still the same. But if you decide to invest, the chance to lose it will be possible but there’s also bigger chances that you will be profitable and make your capital 5x or 10x from your capital. But of course, the process to make it grow is not always smooth but certainly quite tough and hard. So it’s up to you to decide whether you want to see your funds intact or take the risk and see it becomes huge in the future.
However, the challenge here is how to make your investment work and becomes profitable so that your savings will never go into waste. By having high tolerance in any risky investment, and can definitely manage the risks, then the chances to make that investment successful will be certainly high.
Saving is only good if you don’t have plans to grow your funds massively, and seeing it after couple of years, the amount is still the same. But if you decide to invest, the chance to lose it will be possible but there’s also bigger chances that you will be profitable and make your capital 5x or 10x from your capital. But of course, the process to make it grow is not always smooth but certainly quite tough and hard. So it’s up to you to decide whether you want to see your funds intact or take the risk and see it becomes huge in the future.
Saving is important, but inflation can erode the value of money. Investing in Bitcoin or land, for example, can help preserve value over the long term. I think investing a little more than just saving helps protect against inflation. You need to find a middle ground for all of this, and this is often difficult to do.
I believe a person should have different funds or accounts for investments and savings, and I never recommend investing savings in anything, unless it is something that you are sure of that it won't make you lose money or value.
You can't invest your savings in Bitcoin or cryptocurrencies and expect to have your money increased over some time like a year, because Bitcoin and other cryptocurrencies are volatile and unpredictable, their value can go up but also can go down from when you've made your investment.
Gold might be a good option when it comes to this because we know Gold doesn't lose much value and it keeps going up even if the speed is slow, it's at least a safer investment option than cryptocurrencies.
You can't invest your savings in Bitcoin or cryptocurrencies and expect to have your money increased over some time like a year, because Bitcoin and other cryptocurrencies are volatile and unpredictable, their value can go up but also can go down from when you've made your investment.
Gold might be a good option when it comes to this because we know Gold doesn't lose much value and it keeps going up even if the speed is slow, it's at least a safer investment option than cryptocurrencies.
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