Topic: Why we should prioritize investment over saving - page 5. (Read 2277 times)

I believe that if not for inflation, saving money isn't a bad idea at all because one can actually save up enough money to make investments and most times, owning an investment requires huge amount of money though investments like Bitcoin where one can start with any little amount and use the DCA to accumulate from time to time until the investment is ripe for huge profits is a very good investment almost same with saving money but the only difference is that the value of Bitcoin one has increases as it's price skyrockets so definitely such investment is affordable and it's preferable unlike saving money in the bank that one can easily get access to and the amount one saves would even reduce due to some bank maintenance charges and all that but regardless of inflation, saving is also good if one can be disciplined enough not to tamper with his savings till it is matured for you to use and start up an investment that would stand for a very long time.

That's what other people find it hard to understand. Investing your money is a much more profitable approach than simply saving it. Money should be utilized to generate more money, rather than simply being stored away for years without any growth. Failing to make use of your money means you're missing out on potential earnings.

Keeping your money in bank doesnt really basically or automatically means that you are already safe from inflation. Here in our country it does have that at least -2% on every year.
If you do keep on holding your money or saving it up then instead on having that steady or earning you would rather be losing money instead. If you are a wise person whose really that
mindful about those things then for sure you would really be knowing about those basic stuffs. Instead on saving up your fiat then it would be wise that you should really be making out investment
or business on which you could really be able to make yourself having those potential additional income stream.

You wont really be putting up yourself on such worry if you do already comes or reach into a point that you have multiple income source.
You do have in mind that you can fight off inflation with that since you are financially capable already or able to patch it up.

Obviously investing > saving for many reasons, the biggest being inflation.  I do think that saving money is important for life's emergencies that may arise, but if you're trying to maximize your finances, investing is a must.  I prefer to invest in companies that have a long history of paying dividends and increasing the amount of dividends they pay.  That way you don't have to worry about buying and selling, choosing to just hold and collect cash instead.  One such company that is being passed around as a buy currently is Altria, that has been beaten down by anti-smoking concerns and currently pays nearly a 10% dividend.

If someone is in business, they definitely have savings, but 70 or 80 percent of it is diverted to business. It is much better for the money we have to invest than to save. It is better to grow or develop our money than just in the bank.

In my opinion, investment is the same as doing business, even though investment and business both have very big risks and if they are successful then the profits are extraordinary, usually someone has to be patient in managing these two things if they want to be successful. in the future.

For definite knowledge and I think everyone should be accompanied, especially if it is for our children. Today we are just realizing that before we became parents, this was previously considered trivial and not really focused on, but after we have experienced it, we may already feel how clearly it is very necessary. On the other hand, the application of living habits also has a relationship with the success or failure of the program to be implemented. both in investment or do saving plan.

Saving rather than on risking on something which you dont know even about is really just that a good call or something that would really be just that worth on doing so. Instead of taking up some risks without having any knowledge is really just that pure gambling on which it isnt really that recommended on doing so. This is why it would really be that best that you should really be knowing on the things that you are really that dealing with.
Making up some viable decisions will really be needing that corresponding analysis and wise selection on which you would really be that pertaining whether you are really that able to make yourself
that be benefited or not. If you cant bare up with the risks then better save and stop on dealing with it, but if you do saw that you do have the chance then its not really that bad to try.

We do know that when it comes or talks about investment then it would really be giving out that kind of opportunity for you to have a life which would really be
having no problems when it comes to financial aspects on which this is something that you would really be needing to consider it out first.

Therefore, it is important to learn about investment so that you can determine which investments are good and bad, because if you invest without knowledge it's the same lie just wasting money whether you invest online or offline it's the same thing, it requires good knowledge to be able to generate profits, and also need to know that profitable investments usually require a long period of time, and many of us are impatient in running it so that some stop in the middle of the road, that's because there is no good consistent.

but what must be considered before making an investment is that it must have an emergency fund, because the investment made must be good not to be disturbed by something unexpected such as an accident that requires medical expenses to be able to overcome. it by having an emergency fund one of the goals is that, to overcome the occurrence. of something unexpected,  because if there is no emergency fund it could be that the investment made could be disrupted but maybe it will not generate profits, instead what might happen is a loss.

Investing means growing our money but some people prefer to save their money because they are uncertain about what kind of investment they will choose. Lack of investment knowledge would somehow affect their mindset and fuel their fear which I think was a good decision rather than losing our money. Investing should not be taken too easily as it gives a huge responsibility to the investor. Let us just do this if we think we can do it well but never try if doubts are in your mind.

The saving fund potential get inflation in the future and not give much profitable yet although some one have make priority with saving than investment. Move saving assets to investment assets is better for increasing values and less inflation but gold investment and real estate seems not worth yet with taxes transaction have to pay when selling or buying the property. Looking worth investment without any taxes transaction seems cryptocurrency is the best way for moving the saving fund to investment assets.
Get chance the increasing values in the future and there are not inflation yet why have to prioritize with bitcoin investment than saving money in the bank or put its as deposit fund get reward under 10% every years and need to lock our money more than three until five years later.

its definitely good, but I think if person or an individual priority is to counter inflation i think they could simply choose something like gold, since the price in general is stable enough, bitcoin on the other hand are for those that want to counter inflation as well as making some good profit out of it, bitcoin has shown to be growing by significant amount in just short time if compared to other investment instruments.
thats just how good bitcoin is, after all if we have the mentality of a holder we could've easily profited off the increase of bitcoin this time around.

it's all depends on the preference, personally, staking USDT for example is good enough to fight against the inflation, something that gives stable apy but also keep the risk minimum.
with bitcoin,the safest way is to buy when it hitting all time low, but maybe we won't see previous atl again.

exactly! So it's better to advise that you should have investments not just savings, because if you're talking about savings, it's just in the bank or wherever you put it, it's just stock and your money doesn't grow, unlike investing anytime you can make a big profit as long as you invest your money right. And if you're talking about investing, of course you can't just invest, you first need to know how, when and where to invest your money, like bitcoin, you should know the movement of crypto and know the pros and cons of investing in it.

Without we hustling there won't be any savings and a plan to invest so anyone that doesn't have the mindset of replacing any spent money has already planned to failed. Me on the other hand I won't advise anyone to start any business or investment with borrowed money (although it woorks well for some), is like you're paying your rent after every hustle, sharing every bit of what you have struggled to get with a second party (like you have a target to meet just to pay up the debt).
What sometimes causes an investment to fail is when you don't have an idea of the kind of business you going into, maybe you started the business because you saw other people progressing through it so you have to join without knowing the in and out of the investment, like Bitcoin is a must for you to have the required knowledge before taking part if not you'd just be floating around without any gain. And you shouldn't expect your investment to bring a particular amount in less than no time.

I think those who invest will of course be able to make a profit if they can do it well and if someone saves their money then this will be very unfortunate when inflation occurs of course it will reduce the value of the money they save because of inflation and every investor of course they will can choose well the type of investment that they will be able to get a profit from the investment they make and choosing to invest in Bitcoin will indeed be very profitable if we understand it well and have a strategy in collecting of course we will be able to get a profit from the investment.

It is costly for every investor when hard earned money loses value due to inflation. No one wants to accept the depreciation of the money an investor accumulates over time. But as an investor he can do nothing. Because if you want to save money in conventional system, you should invest considering these things. But to solve this problem, Bitcoin investment has brought about a radical change so that if an investor holds Bitcoin, he will be protected from inflation on the one hand and his savings will also grow. Any investment is risky but investing in Bitcoin can definitely be profitable in the long run.

I say pick both when you have the capability, and if you don't have the means to do both, choose which one's more suitable based on your current financial situation and future prospects.

Thing is that saving has its perks as well. Including the fact that you could easily rely upon it in situations wherein you would need money ASAP. Investments wouldn't be the venture to depend upon for this one as you would either need to sell them first to liquidate their value, or you can't take the assets out since you're using them for passive profit anyway. Savings on the other hand while not necessarily reliable when it comes to producing profits, are there for you when the skies turn gray and you need instant cash to use. Which is why for those capable of funding both anyway, might as well do so instead of choosing one over the other.

For those financially incapable of funding both an investment venture and a savings account at the same time, I say choose one or the other instead. But gauge what you need at the moment, and what you think you'd need in the foreseeable future. Do you have a close family member that needs surgery money, do you have a massive purchase looking to close in the soonest time possible? Perhaps a savings account is more suited for you. On the other hand, if you're looking to instead increase your capacity for profits, while still having all the time in the world to finish a 9-5 and have a life, investment ventures such as house-flipping or crypto is going to be more along your avenue.

It's all about looking at your strengths and capabilities to capitalize on them.

It is absolutely true that one thing will not bring you the same result that you can get with an integrated approach. You need to be able to save in any case, otherwise you will not be able to create capital, either at the very beginning, or when you establish a financial flow.

In the same way, you will not be able to get the optimal result if you invest borrowed money, because you will always have to give someone a part of the profit. What happens if the investment is unsuccessful, or it takes longer than you originally planned? Yes, in the end you can even make a loss.

If we want to earn income many times over, of course investment is our choice. If they are already playing in the business world, they don't have any assets to save in the form of savings. On average, they invest in fields that can provide greater profits, so we Everyone must be clever in seeking profits, even though the risk of investing is greater than saving, the results we get from investing are sometimes beyond our predictions.

Some people will always say saving is better than the other but it is only said by those people who doesn't have any plans of getting more money. If you save without investing, what are you saving for when you have the power to multiply that savings through investment? To me saving without investing is like a waste of time because you hustle to save for nothing, unnecessary spending.
To save is good but when you don't add the two together (saving and investing) then you're not moving forward, it's better you have a plan to increase your income, when you have a good plan that's when a better investment comes in. We should never forget that some people invest wrongly too.

Holding any currency will not be profitable because all types of currency also experience inflation which can reduce the exchange rate even lower, so allocate your budget to diversify into various low-risk investments such as investing in gold, real estate and other businesses, but it is important that you add Another investment for bitcoin with the DCA strategy for long-term investment purposes, we have seen a promising recovery in bitcoin prices after each halving and imagine if in the past 2 years you committed to investing in bitcoin it would have generated very high profits.