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Author Topic: Is it better to save money or invest it?  (Read 1175702 times)
rumaysho
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April 19, 2018, 02:16:27 AM
 #14281

I think it's better to invest our money than to keep it in the bank.
Because by investing our money we can benefit from investing our money, and our money will be defeated
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xnuggets
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April 19, 2018, 02:33:01 AM
 #14282

I prefer investing in bitcoin, because you have the control and have the chance to grow.
Yes gold is only secure, and I learned from our Economic Class that be careful on saving money on banks, specially you have to look if it is really worth on a long-term run, because you might encounter loss due to inflation. Although saving is good for having backups for emergency purposes.

brontosafar
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April 19, 2018, 02:36:23 AM
 #14283

I'd better invest my money. Saving will not grow quickly. But if invested it will be more profitable and at the same time saving in the long term.
yeah im agree with you. but no one can guarantee that investment will always more profitable than savings.
to me, as a colleger that so far away from home, i think taking both is good. i invest my monthly salary in my local bank about 10% of my monthly salary, then i use the rest for my cost of living here. And if there is any remainder balance of my expenditure. I will save in a different bank account. and i have doing this for about 8 month and it works well.
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