Topic: Why we should prioritize investment over saving - page 8. (Read 2258 times)

bitcoin and gold are perfect asset protectors, especially bitcoin which is completely immune to inflation, Bitcoin has a limited quantity, and with that advantage the price will continue to rise, while if we keep our money in the bank, the opportunity for its value to fall every month will always be there.
from the money I earn by selling women's accessories online, I have a long-term plan to save bitcoins using the DCA method every month and I will pass it on to my children (nothing else is as convenient as storing assets in bitcoin)

Investment is a hedge over inflationary times as we are right now but savings just as the name implies is a life saver at moments when emergency situations strikes and could be that our investment has made or got to a maturity to be be accessed or withdrawn and with an available savings sudden circumstances can be scaled through without having to start looking for where to go borrowing, at times we don't even get who will loan us the money at that time. So what am saying is that, despite the inflation that may affect the value of our saving  we should make sure to have a savings amount left somewhere even as we pursue investment as a way to balance out financial state of things because life situations are unpredictable.

people have no option and they didn't even realize it, so many people didn't even think that their purchasing power actually lessened overtime because they don't care enough about inflation, every year inflation is high, even more so after the pandemic, everything has been going up in prices, now despite the pandemic is over any basic needs and commodities aren't really reducing their prices they just go on with the rather inflated price as of now.
i think this is a good sign that many people should start thinking about earning more, one way is to invest, even then there's no guarantee the investment will always turns out to be good.
its just overall tough world to live in because everything is trying to come at us at the same time, inflation, lack of jobs, food crisis, housing bubble, energy crisis and many more and the only key is to increase our income.

People nowadays are more likely exposed to creating businesses and generate their own income, and leaving the old tradition where workers only focus on a single job and never entertain additional sources of income. Some even take the risk to focus on their investments and leave their jobs since there is more promising profits from an investment than a single day job.

Now, to answer why investment gains more priority than saving, because we always look for bigger financial returns and saving alone is not capable to provide that. While saving is still crucial, but having the resources and ability to invest gains brighter future ahead than simply relying on the amount of savings you have.

Savings Money without investments is somehow risky because it might not only be destroyed by inflation but also by other factors such as hunger, emergencies, health care, and much more.

But when you save your funds based on investments, you will also be at the stage of rest, which will definitely increase your money and give you some profit. But when you are going on long-term savings, I will recommend investing in bitcoin, land, and gold. But when you just want to save the money for a couple of years or a short period of time, I won’t advise you to go for land investment because before you gain a profit in land investment, it will take more years than that of bitcoin and gold, so investment is better than savings.

Saving and investing are actually both complimenting each other. If we don’t have enough savings, we will not be able to invest at an amount we can afford to lose, while investing is the only way to see our savings multiplying faster than letting it sleep in the bank with its very low interest.

However, we can still invest through taking a loan but that will only add to bigger risk of losing. But the important thing here is we have goals to invest, that way we can always gain chances to create long term financial returns once we invest our savings in the right coins or right investment like bitcoin.

OP I actually get your point because due to inflation the money we tend to save doesn't have value because definitely, the price of goods and services will keep rising as day goes by whereas investing on some assets like Bitcoin will make ones investment to grow overtime till it is matured enough then one can decide either to sell off some of his coins of which he can make profits from it and moreover investing on some fixed assets will make it values to increase in the future.

Savings only keeps the amount of money equal but also reduces purchasing power, common people are not really aware of it until they are faced with the real situation. Inflation is increasing at an alarming rate all over the world which will create a very bad situation in the near future. Investment can give a person financial freedom, but it requires proper knowledge and right decisions about where to invest. Bitcoin investment is definitely the best long-term option in my opinion, because the way the price of

Bitcoin has performed over the past few years, it is very difficult to get such returns from any other sector. But yes every individual has their different thinking which leads to different interest in investing in Gold, Land, Stocks, Bitcoin etc.

Inflation erodes the purchasing power of our money over time, making simple savings less effective. Investing in bitcoins, land, or gold may be a more profitable option, preserving and potentially increasing the value of our funds. I lean towards the idea that investments provide better protection against the impact of inflation compared to simply hoarding money.

Depends on what will work for you best. Some people are not into investments and that is just okay likewise with people who are not into saving. Difference could originate from the mindset ad circumstances an individual is having. If you are having large scale networks and been in investment industry or if your family does, then there's a high tendency that it would be a better option on your end. However if you are not familiar with taking that much of risk with investments then saving is still a good option however, there would be a limitation to the amount you will be getting at the 'end' depending on how much you are putting into it. In a general perspective, everyone dreams of an investment someday but not all people could take the risk and have enough resources to do so. In most instances people are chasing the necessity to make a living therefore excess money is going to savings and worse, nothing to be put eitherway.

Much better to say to prioritize what would work on your 'set up'. Not because others are doing good with investment, you will be guaranteed of the same outcome as them. Always measure the risk and your tolerance as an investor. If you cannot handle that much of doubt then that should already be an answer which pathway should you engage yourself with.

Yes diversifying our investment portfolio will be good as it reduces the risk of running into huge loss as our investments will be diversified and it's very rare that all of them could sink at the same time. You have mentioned three of the best investment one can make because investment in land and gold will yield guaranteed profits and they are for long term as well and while choosing Bitcoin for investment they just need to ensure they are investing when Bitcoin's value is down (mostly bear market) because it will give you good profit in shorter period like couple of years instead of investing at the peak and if it falls then you may have to wait for more years and since gold and land are there for longer run I would saw here we can use Bitcoin for mid term investment so that we can utilize the profit or reinvest a part of it. 

Fiat currency could very well be the worst type of investment anything could ever have. Technically speaking, you are losing money when you hold money. I know that sounds a little weird to some people, because they do not realize the point but the fact is that I have to say it would really not be all that uncommon thing, it's inflation.

So when you are talking about something serious, it has to be considered that there is a possible scenario where you would be able to just put that money into crypto instead and then whenever fiat gets devalued then the crypto will go higher, mainly bitcoin. This is why we should be considering that as possibility and we could potentially make it work somehow with some people as well.

It’s actually best if you can do both. Savings could turn out to be helpful sooner or later as emergencies and costs not envisaged do tend to pop up every now and then. If you’ve got some savings, it could help solve these unexpected expenses and you wouldn’t have to liquidate some assets or have to sell off some/all of your investments to be able to solve the problems.

With investments, proper research and education is required as they too could be risky. Not putting all your money into a single investment/project would be extremely wise. Best bet is to to spread your net out by diversifying.

well, you said very well that because inflation decreases the value of our money we save after giving it big time well we also should focus on investing besides savings because investing in good projects or places can make you comfortable due to cash flow like when you see cash flow it will motivate you and give confidence for saving and investing more to make more money.

Well dear I used to say one thing if one gets sufficient salary he/she should divide his/her salary into three parts... one for savings second for spending third for investing. In this way, you can feel more comfortable because wen you see you saving is increasing along with the investment you investment is also increasing will give you mind relaxation. well everybody has his own boundries and issues so this plan may not implement to everybody life style but those who feel comfortable to implement it can do accordingly. well best is that take action at your own end and it is not recomended to follow anyone plan.

Both are necessary for your financial wellbeing, you cannot start investing if you cannot afford to save in the first place. Savings are supposed to be for emergency purposes, in fiat currency, while investments may last several years without touching your funds. The combination of the two is necessary, and can especially be combined with a high interest savings account. Revolut for instance offers up to 4% for USD deposits. That way you're saving and earning a decent interest simultaneously, risk free.

yes of course, just last year our country's currency was 10%. Imagine if you save $100k in 2023, the value of your money in 2024 will only be $90k. Inflation is a real and true enemy. But in my opinion, don't invest carelessly, consider the risk of loss too, don't lose your money because you invest carelessly. For myself, I divide my investments into several portfolios, including Bitcoin and Eth in them, even though the amount is only 30% of the total investment value.

Why the need to choose if you can do both. You can save part of your salary and total money in bank or insurance then use the rest on investments so that you will not be focus on one thing risk. Investment has risk too which can be greater than the inflation that you are considering once your investment goes wrong that’s why it’s still important to diversify your money and don’t put all your eggs in one basket.

Sticking tp basic such as saving will give you some assurance of safety since you have a quick access to your money unlike investment which is dependent on the current value unless you are willing to take loss immediately once you need the money while your investment value is down. Investment is dependent while your savings is independent that’s why having both will give you an advantage on both scenarios which this two excel the most.

Failure is inevitable but doesnt mean that you cant be able to less such impact or effect on the time that you would be able to experience it. This is why it would really be always that wise that you should really be wary on the actions that you are making on which basing up on the analysis and knowledge that you have gathered or accumulate. Investing? This should really be standard but not all would really be thinking up this option
on the time that they do still have the money on their pockets on which they arent thinking about those probabilities that they could mess up their life if they had made out such bad decision.

If you dont have plans on having a progressive life then it would be normal that you wont really be making any further steps or plans to make your life way more better.
You wont really be just sitting down without doing nothing.

I also agree with this. Saving money can reduce a lot of value for inflation. It will be best if you invest the money in bitcoin. After bitcoin, the better option is to invest in land.  Next comes the Gold option. I would say that it is better to use money instead of saving it. It is better to get money out of money.

In any case, careful thinking and management is really needed for everyone who doesn't want to experience failure, because increasing salaries and increasing commodity prices will balance things out in life so that everyone still has to try more to get more profits through whatever means. However, this certainly will not be easy enough if at one time inflation occurs which can depress the value of each person's money so that each person's struggle will increase and those who are able to survive such conditions will definitely not experience failure.