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Author Topic: Is it better to save money or invest it?  (Read 1181158 times)
mishra1994
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July 27, 2016, 10:51:16 AM
 #5821

It's upon the plan you have regarding the amount you earn. If you're in need of a big amount as well you have lot time to execute then you can go with a proper investment scheme which fulfils your requirement. At the same saving is required to have a fulfilled day to day living.
Yes if someone has enough money or extra money that he can invest and achieve some profit then surely investing it is much better because the early someone invest the early he will get the profit in result.
But if u dont have extra money then i would prefer saving them first and then plan to invest some of those.
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July 27, 2016, 03:31:02 PM
 #5822

However it is not advisable to hold all your investment in forms of bitcoins as we can never ascertain the future. You only hold an amount that you can manage to lose and you could use your earnings here in this forum if you have a job by considering it as your savings and investment at the same so it would be less risky for you.

Saving and investing has almost the same risk , people just doesnt realize it yet. By saving your money in fiat you are actually exposed to inflation ( everyone is ) however in term of investing you are exposed to the risk that your investment could be losing its value the moment you blink your eyes

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Crazygreek
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July 27, 2016, 03:53:37 PM
 #5823

Both of them togather is perfect and we also need to add earning money, and doing all this stuff togather to become rich, good money requires hard work.

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July 27, 2016, 03:55:34 PM
 #5824

However it is not advisable to hold all your investment in forms of bitcoins as we can never ascertain the future. You only hold an amount that you can manage to lose and you could use your earnings here in this forum if you have a job by considering it as your savings and investment at the same so it would be less risky for you.

Saving and investing has almost the same risk , people just doesnt realize it yet. By saving your money in fiat you are actually exposed to inflation ( everyone is ) however in term of investing you are exposed to the risk that your investment could be losing its value the moment you blink your eyes

the investment will not lead you to the lose or any other risk if you invest in there where you have a good knowledge and about which you will have skills to earn from, just try to invest in there where you have some experience and there will be someone around you who will support you.
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July 27, 2016, 06:19:54 PM
 #5825


Yes if someone has enough money or extra money that he can invest and achieve some profit then surely investing it is much better because the early someone invest the early he will get the profit in result.
But if u dont have extra money then i would prefer saving them first and then plan to invest some of those.

Make some way to make an extra money. How come we can make a regular savings if we doesn't have an extra one?

Saving money alone can't help us in a long term. It's still better to find a way to make a source of financial income so that it can take care both investing and saving goals.

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CryingMidget
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July 27, 2016, 06:48:08 PM
 #5826

Both of them togather is perfect and we also need to add earning money, and doing all this stuff togather to become rich, good money requires hard work.

If you save your money then it's amount will remain the same But in case of investing it, you can increase the money, may be many folds.
Higher the risk and higher the return
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July 27, 2016, 06:58:27 PM
 #5827

Better in term of interest gained is pretty much correct however you should note that the higher interest gained then there will be a higher risk as well. Depending on what do you use your money for, actually both saving and investing are almost the same and it depends on how you are using it.
If it is for future usage then saving is the term for it but if it is for capital to gain more than it is an investment. Best thing will be to combine both of them , safe deposits could be the answer for this which involves "saving" and "investing"

 
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July 28, 2016, 04:55:51 AM
 #5828

Both of them togather is perfect and we also need to add earning money, and doing all this stuff togather to become rich, good money requires hard work.

If you save your money then it's amount will remain the same But in case of investing it, you can increase the money, may be many folds.
Higher the risk and higher the return


Don't forget inflation. If you are living in a western country your Fiat money will be losing value because the real interest rate (interest on your savings account -  inflation) is negative at the moment. The money you have will increase slowly, but the prices of goods will be increasing much faster.

You should definitely think about investing.
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July 28, 2016, 05:39:27 AM
 #5829

Both of them togather is perfect and we also need to add earning money, and doing all this stuff togather to become rich, good money requires hard work.


You are right with it, they are a good combination if you are going to do it. Because saving is going to be a good partner if you have investments.
And it is going to support your funds in your investment if you have enough good funds for savings. And while you earn on your investment you are going to save it.

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July 28, 2016, 07:09:12 AM
 #5830

Both of them togather is perfect and we also need to add earning money, and doing all this stuff togather to become rich, good money requires hard work.

If you save your money then it's amount will remain the same But in case of investing it, you can increase the money, may be many folds.
Higher the risk and higher the return


Just like in bitcoin, if you hold bitcoin, the value of it are just the only one that increasing but the quantity remains the same. But people must look on the brighter side when they want to invest their money. Not all investments can be done online. There are lots of investments in real world which will give them decent profits. Just a bit more push in founding those things.

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July 28, 2016, 07:43:25 AM
 #5831

Both of them togather is perfect and we also need to add earning money, and doing all this stuff togather to become rich, good money requires hard work.

If you save your money then it's amount will remain the same But in case of investing it, you can increase the money, may be many folds.
Higher the risk and higher the return


Just like in bitcoin, if you hold bitcoin, the value of it are just the only one that increasing but the quantity remains the same. But people must look on the brighter side when they want to invest their money. Not all investments can be done online. There are lots of investments in real world which will give them decent profits. Just a bit more push in founding those things.

For me, it is always been better if you are able to manage to save money or bitcoin. Because it is going to do good for you. And after you are able to save a lot of money then that's the right time of bitcoin to invest your money. Or better to have real investments in your life. Like starting up a mini store in your place.



 

 

 

 

 

 


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July 28, 2016, 07:57:30 AM
 #5832

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

Save it on bank for sure !
Invest it online is the risky way to safe money

I going to invest it with gold and in real estate if I've more money.

Sometimes we can't predict all things that might be happen such as hacking or robbery incident. So at least we have prepare some of it

Yhup. You got the point. I'll choose bank rather than online because where can you find the exact location of that online bank ? They can stop their online bank if they want and scam your money, but on bank ? They have these Papers that they have to pay you if you invest with them. But on online banks, they havent. Gold can be good thou because you can keep it in longer term. Maybe years or decade, gold cannot be dumped.
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July 28, 2016, 08:07:59 AM
 #5833

It should been always to do both, while investing more though.

Thats the key if you really want money to work for you, but based on the right investments. See what invesments fail, governments fail too, but just takes a longer period so if you see every form of investment just see if it has a longer ticking bomb then others.
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July 28, 2016, 08:27:01 AM
 #5834

It should been always to do both, while investing more though.

Thats the key if you really want money to work for you, but based on the right investments. See what invesments fail, governments fail too, but just takes a longer period so if you see every form of investment just see if it has a longer ticking bomb then others.


saving and investing is the best. especially if you keep the ratio of the two options at 50%. as we speak, i am now 45% invested in bitcoin, and 55% savings. i am quite happy with this as bitcoin has made my wealth increase significanly throughout the years. if i wouldn't know bitcoin, my wealth would be 25-30% of what it is right now. trading and holding bitcoin have brought me success.
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July 28, 2016, 08:43:02 AM
 #5835

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

Online investing is a very risky thing. Sometimes you think you are investing in a solid thing but in reality they just take your money from you. Same applies to the real life investments too. So it's really hard to say what is better.

If you want my advice, here it is: buy things you need, travel, help those who are close to you - that's the best investment.

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July 28, 2016, 08:55:18 AM
 #5836

For me, it is always been better if you are able to manage to save money or bitcoin. Because it is going to do good for you. And after you are able to save a lot of money then that's the right time of bitcoin to invest your money. Or better to have real investments in your life. Like starting up a mini store in your place.

Well no doubt, they have must been place in line for savings since both can take care of what every financial needs we need. Both are helpful when in terms of saving purposes. Fiat savings will deal to regular spendings then bitcoin earnings will become a backup financial needs.

Yes putting up some real life investments can be a help too.

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July 28, 2016, 11:36:36 AM
 #5837

For me, it is always been better if you are able to manage to save money or bitcoin. Because it is going to do good for you. And after you are able to save a lot of money then that's the right time of bitcoin to invest your money. Or better to have real investments in your life. Like starting up a mini store in your place.

Well no doubt, they have must been place in line for savings since both can take care of what every financial needs we need. Both are helpful when in terms of saving purposes. Fiat savings will deal to regular spendings then bitcoin earnings will become a backup financial needs.

Yes putting up some real life investments can be a help too.
For me, I consider bitcoin savings as my bonus in the future if it will succeed. I don't really put that much of investment in bitcoins although it is very promising because the coins is still young and anything could happen, at least I know that I can afford what I am about to lose if the future will not favor on us.

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July 28, 2016, 12:07:53 PM
 #5838

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

Save it on bank for sure !
Invest it online is the risky way to safe money

I going to invest it with gold and in real estate if I've more money.

Sometimes we can't predict all things that might be happen such as hacking or robbery incident. So at least we have prepare some of it

Yhup. You got the point. I'll choose bank rather than online because where can you find the exact location of that online bank ? They can stop their online bank if they want and scam your money, but on bank ? They have these Papers that they have to pay you if you invest with them. But on online banks, they havent. Gold can be good thou because you can keep it in longer term. Maybe years or decade, gold cannot be dumped.
If you have more money then better to invest on bank even with just small interest, but bitcoin give opportunity to earn more why you dont want to use it.just don't invest in ponzi and hyip there is many ways to earn.if you want to earn more grab the opportunity and take the risk.

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July 28, 2016, 05:53:15 PM
 #5839

Both of them togather is perfect and we also need to add earning money, and doing all this stuff togather to become rich, good money requires hard work.

Someone should invest his money in bitcoin if he has believe on bitcoin, and doing that he would also be earning profits as the price of bitcoin increases with the time so saving money in bitcoin gives profit as well.
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July 28, 2016, 06:38:46 PM
 #5840

Both of them togather is perfect and we also need to add earning money, and doing all this stuff togather to become rich, good money requires hard work.
yeah i think you need to combine saving and investing your money in order to make some good money over time, there is no other way unfortunately

i usually more save my money because im afraid to lose it when trading or doing something like that, though i agree that it is better to invest

 
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