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Author Topic: Is it better to save money or invest it?  (Read 1143022 times)
POM
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March 27, 2015, 02:41:28 AM
 #21

My savings acct accumulates 0.5% so its much better to invest.
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needFREElunch
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March 27, 2015, 02:47:58 AM
 #22

One of the problems with saving your money with a bank is that the small amount of interest you get from them right now does not out pace inflation so you will be losing money the longer you money is in the bank just because of inflation alone. You would be losing even more money if you account in the opportunity cost of the investments you could have made with the money while it is in the bank.

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March 27, 2015, 02:53:31 AM
 #23

Is it better to save money in bank or invest it online, in real estate or maybe gold?

You seem to be a risk-averse investor, then I would not recommend investing either Bitcoin or saving in bank, monetary fund might be your good choice.

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Minerjoe
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March 27, 2015, 05:41:37 AM
 #24

I live in a country where you can get 4% annual interest rate from a bank and inflation s virtually non existent. If you want to invest, let me know, I ll provide info.

No, I m not trying to sell anything or ask for any kind of fee. I m just a nice guy.
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March 27, 2015, 07:09:17 AM
 #25

The other take on this .... When you put money in a bank, you rely on them to keep it safe. {Centralized} .... When you buy gold or shares, you once again rely on someone else to keep it safe.

Your investment rarely beat inflation, so you lose money in the long run.  Sad

When you invest some {not all} of your money in Bitcoin, you have full control over that investment. {No inbetween broker or financial expert taking commissions} You decide...  Wink


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Q7
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March 27, 2015, 01:09:49 PM
 #26

Saving money in banks basically means getting negative returns. Depending on countries there are banks which are already imposing negative interest rates and while there are some that still pays interest but the amount they are paying is considered lower than the inflation amount which basically still means getting negative return.

calme
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March 27, 2015, 01:20:57 PM
 #27

This made me laugh talk about the world revolving around you aha. No i am sure it was inspired by the fact that he wants to know which is the better way to invest not a post by you.
i'd just made that post though. and you made me laugh speaking of worlds in singular form. i have an entire galaxy spiraling around me.
bitdraw
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March 27, 2015, 01:29:57 PM
 #28

if you just want to save for something and not spend everything you have, put it in a bank or under a matress. (pretty much equal gains, namely zero)

you loose some "real" value of your money but you dont spend it so u still have more in the future.

if you actually want to make some gains and are ready to bare the risk, invest. if you invest, distribute the risk amongst different assets.

btcbobby
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March 27, 2015, 01:43:31 PM
 #29

Depends on your appetite for risk,

You'll earn close to zero at a bank, but you won't lose money (assuming you're in the US, other countries may be different). If you can commit to not touching those funds for a period, you'll get slightly more for a CD

Whereas anything else, you do face risk.

For certain, if you need access to your cash in 6 months to a year, saving it is the better way to go, but the further out your timeframe goes, the better the likelihood of a positive return elsewhere.

dependinh how much you have to save / invest, I'd say that you should approach investing in a diversified manner; don't just go 100% gold or 100% real estate, but rather allocate some money to gold, to re and to equitutes. Mr reason being, just as it's usually a bad idea to put all your eggs in one basket by buying only shares of a single company, where you have to worry about that companies operations, and whether or not it falls out of favor with other investors, putting all your funds into one asset class, while you're diversified in that sector, leaves you vulnerable to that sector falling out of favor;

You don't have to pick stocks or pick bonds, you can buy ETF's with exposure to hundreds or even thousands of underlying company's or bonds.

Long answer to a short question. Really we need more info about you, your goals, etc to be able to make even a guess
KSGuy
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March 27, 2015, 02:23:57 PM
 #30

Why not do both?

Invest and save Wink
lucasjkr
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March 27, 2015, 03:07:20 PM
 #31

One of the better ways to invest money is to buy an ETF it is a bunch of stocks that you own a part of. They generally have a track record of growing 10% a year and they are considered safe investments.

Everyone is giving advice without asking the most basic question of risk tolerance and time horizon.

Yes, sticks have historically returned an average of 10% per year. But not at a predictable rate in the short term. You might be up 5% one year, flat another, down 15% the next and then up 40% the year following. Long term, equities have been a great investment, but the shorter your time horizon the less "safe" they become. Just as with Bitcoin, you can't buy 10 shares of an ETF and have any assurance that you'll recurve the same value for it in 10 days time.
AtheistAKASaneBrain
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March 27, 2015, 06:12:24 PM
 #32

Is it better to save money in bank or invest it online, in real estate or maybe gold?
It's better to do dollar cost average (or whatever fiat you get paid on). Namely, you get paid and at th end of the month you invest 30% of your income into something (in this case Bitcoin) and keep holding a stack as you build it. So basically both.
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March 27, 2015, 09:00:28 PM
 #33

invest is for people that they can loose.
save is for people that they have no reserve.

you can invest and loose or win.
you can save ... and you win always.

Except when you save your money looses value every year.  You actually loose more saving in the long term.
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March 27, 2015, 09:18:23 PM
 #34

Why not do both?

Invest and save Wink

+1. You absolutely must diversify and take even small risks if you want more than just steady growth. Find your own balance that you're comfortable with, but remember the basics.
needFREElunch
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March 27, 2015, 09:54:14 PM
 #35

One of the better ways to invest money is to buy an ETF it is a bunch of stocks that you own a part of. They generally have a track record of growing 10% a year and they are considered safe investments.

Everyone is giving advice without asking the most basic question of risk tolerance and time horizon.

Yes, sticks have historically returned an average of 10% per year. But not at a predictable rate in the short term. You might be up 5% one year, flat another, down 15% the next and then up 40% the year following. Long term, equities have been a great investment, but the shorter your time horizon the less "safe" they become. Just as with Bitcoin, you can't buy 10 shares of an ETF and have any assurance that you'll recurve the same value for it in 10 days time.


Well we are looking at it from different perspectives. I am looking at the investment a as long term investment where you buy it and leave it or add to it. You are looking at it from short term perspective so that is why we are disagreeing. If you want the lowest risk in the short run then it is best to put it into a bank if the risk is the biggest issue for you.

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March 28, 2015, 02:44:32 PM
 #36

Its anyday better to invest money , but as for bitcoin there aren't legit options to invest in, and there is a bigger risk than investing in the real world with Fiat. So Save bitcoin and Invest Fiat.
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March 30, 2015, 06:30:31 PM
 #37

Is it better to save money in bank or invest it online, in real estate or maybe gold?


It's up to your ability. If you are a good trading you should invest it while the opposite is saving it
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March 30, 2015, 07:36:43 PM
 #38

Is it better to save money in bank or invest it online, in real estate or maybe gold?

It depends on your long term expectations and risk analyze. If you want to take a reasonable risk/profit ratio you can invest in Bitcoin. It takes 3 to 5 years to get %200 profit.
Right now I'm putting %25 of my monthly wage into Bitcoin. I never sell them coins. (I have separate amount for trading though.) When I see the time has come I will sell them. (Probably 4Q this year)
Real estate is risky in my country because there's a balloon now. Prices should have to decrease at least half. I won't invest in real estate in this circumstances.
Don't forget, it's all about timing. You have to go in and out at the right time. Wink

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March 30, 2015, 08:05:22 PM
 #39

better to invest in bitcoin, gold maybe more secure, but bitcoin has more potential to grow

saving money in the bank, will only mean losing them in the long-term with the current high inflation

I would think bitcoin operates under the same guise, if you look recently into bitcoin it gained fame becausse of how expensive it was (Like over 1000$) but now it has tanked way below that, because of the overabundance, and therefore a type of inflation.  I would think investing in something more physical would be worthwhile, instead of money type things.  Like a house, it may dip a lot but it will always come back up, you just have to be patient. 

i would say invest in time, and earn money, like find a job that pay in bitcoin or join a signature campaign, everything that convert your time in money is the best solution right now

physical thing to invest in are ok, but i would prefer a land/farm land instead of an house
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March 31, 2015, 02:49:21 AM
 #40

Investment means giving the money to someone who uses it for their business and pays you back a dividend (and you normally get some kind of share that can be sold later). Think stocks.

"Save in bank" is actually a kind of investment. You give money to the bank, they use it for their business and give you a small interest (if at all) as dividend, and you can withdraw your money. With current interest rates, this is pretty boring, the only advantage compared to keeping money in a safe at home is that it's easier to do most types of payment, and that you don't need your own safe...

Buying precious metals is not an investment because those metals won't work with the money you paid for them. It's mostly speculation (you hope that you can sell it for a higher price) and safekeeping (real value of money can fall due to inflation, while precious metals will mostly retain their "real" value). But you need to consider storage fees.

To decide which is better you need to know what you consider "good".
Do you want to maximize your ROI? Do you want to store your wealth safely? Do you want to enable entrepreneurs to build their businesses?

Onkel Paul

I have learned much from your explaination. Sincere thanks !
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