Is it better to save money or invest it?

[Dotakels]

invest as much as u can just save 10 to 20 % this is the time to invest

Did you read the whole op? He is asking what he should invest it and you podt some random msg (probably meaning btc).
I also agree stocks are quite safe investment for start.
Don't invest more than you can afford to loose that's the rule.

Yeah thats right dont invest too much so that you have a extra money or you can afford what you want. if you invest, invest at lease 5-10% of your saving not your whole savings so if your investing is not good or failed you have another money that you can invest again or make a business like a house rents.

[manselr]

You do know there are other ways to invest..  Not just bitcoin or gold, I'd suggest talking to a finical adviser about your investment options.

If you are content with low returns then it is probably best to save your money in a low interest account.  It will be insured and is 'safe'.
Gold is a solid investment, the price is quite low at the moment, it seems like a safe long term investment, not very fungible though.

Bitcoin is dangerous, you could lose most of your money quickly, you could also make lots of money. It is fungible, if you can handle the stress of big price swings, it is a good investment in my opinion.

I wouldn't put all my eggs in one basket.  I personally am long oil at the moment, I can ride out the overproduction dip, but it won't stay at $50-60 for long, I am willing to bet on that!

Long oil sounds solid

Im not so sure about that these days.. sure its really low and seems like "oh it should go up". But all those rumors about new batteries that are basically amazing could start the shift.

[Sithara007]

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

Investment is a kind of savings. If you are doing savings then you can not keep it in the cash form with you. You will have to invest it in Fixed deposit, Real state, gold or shares, etc.

Investment is a kind of savings I disagree with that because, investing have a risk that your money would be lost or earn a profits. Also investing take too much time than saving. Saving takes 3-5 years before you stop to save (it depends on your salary every month) but in investing takes 10-15 years depends on the contract and the company (you wouldn't assure that your money can earn or will be lost its) its 50%-50%. And f you invest you can earn more profits by using the compound interest it can earn more profit as years passes by than simple interest.

Not totally true. There are some investment tool available which has zero risk and will give you return in 3-5 years as well. That will totally depends upon the risk profile of the individual and his requirements.

[Dotakels]

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

Investment is a kind of savings. If you are doing savings then you can not keep it in the cash form with you. You will have to invest it in Fixed deposit, Real state, gold or shares, etc.

Investment is a kind of savings I disagree with that because, investing have a risk that your money would be lost or earn a profits. Also investing take too much time than saving. Saving takes 3-5 years before you stop to save (it depends on your salary every month) but in investing takes 10-15 years depends on the contract and the company (you wouldn't assure that your money can earn or will be lost its) its 50%-50%. And f you invest you can earn more profits by using the compound interest it can earn more profit as years passes by than simple interest.

Not totally true. There are some investment tool available which has zero risk and will give you return in 3-5 years as well. That will totally depends upon the risk profile of the individual and his requirements.

Yeah theres some but its hard to find that company that zero risk. And if its only 3-5 years you profit is not high because your time is not so long and it depends on the interest of that company where your profit are big or small.

[Amph]

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

Investment is a kind of savings. If you are doing savings then you can not keep it in the cash form with you. You will have to invest it in Fixed deposit, Real state, gold or shares, etc.

Investment is a kind of savings I disagree with that because, investing have a risk that your money would be lost or earn a profits. Also investing take too much time than saving. Saving takes 3-5 years before you stop to save (it depends on your salary every month) but in investing takes 10-15 years depends on the contract and the company (you wouldn't assure that your money can earn or will be lost its) its 50%-50%. And f you invest you can earn more profits by using the compound interest it can earn more profit as years passes by than simple interest.

Not totally true. There are some investment tool available which has zero risk and will give you return in 3-5 years as well. That will totally depends upon the risk profile of the individual and his requirements.

Yeah theres some but its hard to find that company that zero risk. And if its only 3-5 years you profit is not high because your time is not so long and it depends on the interest of that company where your profit are big or small.

many banks offers 1-3% max of annual interest, but you need to freeze your account for one year, they should be pretty safe as far as i know, it's not like playing ponzi with bitcoin for sure...

but overall is a very tiny amount, not sure it worth it to freeze your account for one year, i know that i won't do that...

[Dotakels]

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

Investment is a kind of savings. If you are doing savings then you can not keep it in the cash form with you. You will have to invest it in Fixed deposit, Real state, gold or shares, etc.

Investment is a kind of savings I disagree with that because, investing have a risk that your money would be lost or earn a profits. Also investing take too much time than saving. Saving takes 3-5 years before you stop to save (it depends on your salary every month) but in investing takes 10-15 years depends on the contract and the company (you wouldn't assure that your money can earn or will be lost its) its 50%-50%. And f you invest you can earn more profits by using the compound interest it can earn more profit as years passes by than simple interest.

Not totally true. There are some investment tool available which has zero risk and will give you return in 3-5 years as well. That will totally depends upon the risk profile of the individual and his requirements.

Yeah theres some but its hard to find that company that zero risk. And if its only 3-5 years you profit is not high because your time is not so long and it depends on the interest of that company where your profit are big or small.

many banks offers 1-3% max of annual interest, but you need to freeze your account for one year, they should be pretty safe as far as i know, it's not like playing ponzi with bitcoin for sure...

but overall is a very tiny amount, not sure it worth it to freeze your account for one year, i know that i won't do that...

But the interest is so low. If i invest i would not invest to the company that have only 1-3% because after 5-10 years my profit will be small and the interest is only simple interest . If the interes is compound and its annual interest is 1-3% i think i will invest, because it compound interest and assure to myself that i will earn a big profits.

[Amph]

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

Investment is a kind of savings. If you are doing savings then you can not keep it in the cash form with you. You will have to invest it in Fixed deposit, Real state, gold or shares, etc.

Investment is a kind of savings I disagree with that because, investing have a risk that your money would be lost or earn a profits. Also investing take too much time than saving. Saving takes 3-5 years before you stop to save (it depends on your salary every month) but in investing takes 10-15 years depends on the contract and the company (you wouldn't assure that your money can earn or will be lost its) its 50%-50%. And f you invest you can earn more profits by using the compound interest it can earn more profit as years passes by than simple interest.

Not totally true. There are some investment tool available which has zero risk and will give you return in 3-5 years as well. That will totally depends upon the risk profile of the individual and his requirements.

Yeah theres some but its hard to find that company that zero risk. And if its only 3-5 years you profit is not high because your time is not so long and it depends on the interest of that company where your profit are big or small.

many banks offers 1-3% max of annual interest, but you need to freeze your account for one year, they should be pretty safe as far as i know, it's not like playing ponzi with bitcoin for sure...

but overall is a very tiny amount, not sure it worth it to freeze your account for one year, i know that i won't do that...

But the interest is so low. If i invest i would not invest to the company that have only 1-3% because after 5-10 years my profit will be small and the interest is only simple interest . If the interes is compound and its annual interest is 1-3% i think i will invest, because it compound interest and assure to myself that i will earn a big profits.

not after 5-10 years but after 1 year only, if you invest 100k and you lock them in those bank, they give you 1k-3k usd/euro, it's not that bad at the end, although still too low for many

[Dotakels]

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

Investment is a kind of savings. If you are doing savings then you can not keep it in the cash form with you. You will have to invest it in Fixed deposit, Real state, gold or shares, etc.

Investment is a kind of savings I disagree with that because, investing have a risk that your money would be lost or earn a profits. Also investing take too much time than saving. Saving takes 3-5 years before you stop to save (it depends on your salary every month) but in investing takes 10-15 years depends on the contract and the company (you wouldn't assure that your money can earn or will be lost its) its 50%-50%. And f you invest you can earn more profits by using the compound interest it can earn more profit as years passes by than simple interest.

Not totally true. There are some investment tool available which has zero risk and will give you return in 3-5 years as well. That will totally depends upon the risk profile of the individual and his requirements.

Yeah theres some but its hard to find that company that zero risk. And if its only 3-5 years you profit is not high because your time is not so long and it depends on the interest of that company where your profit are big or small.

many banks offers 1-3% max of annual interest, but you need to freeze your account for one year, they should be pretty safe as far as i know, it's not like playing ponzi with bitcoin for sure...

but overall is a very tiny amount, not sure it worth it to freeze your account for one year, i know that i won't do that...

But the interest is so low. If i invest i would not invest to the company that have only 1-3% because after 5-10 years my profit will be small and the interest is only simple interest . If the interes is compound and its annual interest is 1-3% i think i will invest, because it compound interest and assure to myself that i will earn a big profits.

not after 5-10 years but after 1 year only, if you invest 100k and you lock them in those bank, they give you 1k-3k usd/euro, it's not that bad at the end, although still too low for many

Yeah its too low. You invest 100k and you only earn per year is 1-3k? No one invest in that situation.  Your 100k are in the risk that it may loss and you invest it to earn only 1-3k per year? No one businessman or woman will agree with that.

[|Bitcoin|]

I will use some of them to invest in potential alt coin.

[dothebeats]

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

Investment is a kind of savings. If you are doing savings then you can not keep it in the cash form with you. You will have to invest it in Fixed deposit, Real state, gold or shares, etc.

Investment is a kind of savings I disagree with that because, investing have a risk that your money would be lost or earn a profits. Also investing take too much time than saving. Saving takes 3-5 years before you stop to save (it depends on your salary every month) but in investing takes 10-15 years depends on the contract and the company (you wouldn't assure that your money can earn or will be lost its) its 50%-50%. And f you invest you can earn more profits by using the compound interest it can earn more profit as years passes by than simple interest.

Not totally true. There are some investment tool available which has zero risk and will give you return in 3-5 years as well. That will totally depends upon the risk profile of the individual and his requirements.

Yeah theres some but its hard to find that company that zero risk. And if its only 3-5 years you profit is not high because your time is not so long and it depends on the interest of that company where your profit are big or small.

many banks offers 1-3% max of annual interest, but you need to freeze your account for one year, they should be pretty safe as far as i know, it's not like playing ponzi with bitcoin for sure...

but overall is a very tiny amount, not sure it worth it to freeze your account for one year, i know that i won't do that...

But the interest is so low. If i invest i would not invest to the company that have only 1-3% because after 5-10 years my profit will be small and the interest is only simple interest . If the interes is compound and its annual interest is 1-3% i think i will invest, because it compound interest and assure to myself that i will earn a big profits.

not after 5-10 years but after 1 year only, if you invest 100k and you lock them in those bank, they give you 1k-3k usd/euro, it's not that bad at the end, although still too low for many

Yeah its too low. You invest 100k and you only earn per year is 1-3k? No one invest in that situation.  Your 100k are in the risk that it may loss and you invest it to earn only 1-3k per year? No one businessman or woman will agree with that.

Actually, what you are saying in here is too far from what Amph really said. Putting your money in a bank and freezing it for a year will net you 1-3% of whatever amount you've deposited in there. Putting your money in a bank and expecting annual interests doesn't have that much risks compared to when you invested your money in a business. The difference is that you'll get a low return for putting your money in a bank, but it's better than getting nothing.

On a side note, people aren't contented even though they literally have everything and anything they want. A man will always find something greater and beyond his reach, which I think is pretty pointless.

[Dotakels]

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

Investment is a kind of savings. If you are doing savings then you can not keep it in the cash form with you. You will have to invest it in Fixed deposit, Real state, gold or shares, etc.

Investment is a kind of savings I disagree with that because, investing have a risk that your money would be lost or earn a profits. Also investing take too much time than saving. Saving takes 3-5 years before you stop to save (it depends on your salary every month) but in investing takes 10-15 years depends on the contract and the company (you wouldn't assure that your money can earn or will be lost its) its 50%-50%. And f you invest you can earn more profits by using the compound interest it can earn more profit as years passes by than simple interest.

Not totally true. There are some investment tool available which has zero risk and will give you return in 3-5 years as well. That will totally depends upon the risk profile of the individual and his requirements.

Yeah theres some but its hard to find that company that zero risk. And if its only 3-5 years you profit is not high because your time is not so long and it depends on the interest of that company where your profit are big or small.

many banks offers 1-3% max of annual interest, but you need to freeze your account for one year, they should be pretty safe as far as i know, it's not like playing ponzi with bitcoin for sure...

but overall is a very tiny amount, not sure it worth it to freeze your account for one year, i know that i won't do that...

But the interest is so low. If i invest i would not invest to the company that have only 1-3% because after 5-10 years my profit will be small and the interest is only simple interest . If the interes is compound and its annual interest is 1-3% i think i will invest, because it compound interest and assure to myself that i will earn a big profits.

not after 5-10 years but after 1 year only, if you invest 100k and you lock them in those bank, they give you 1k-3k usd/euro, it's not that bad at the end, although still too low for many

Yeah its too low. You invest 100k and you only earn per year is 1-3k? No one invest in that situation.  Your 100k are in the risk that it may loss and you invest it to earn only 1-3k per year? No one businessman or woman will agree with that.

Actually, what you are saying in here is too far from what Amph really said. Putting your money in a bank and freezing it for a year will net you 1-3% of whatever amount you've deposited in there. Putting your money in a bank and expecting annual interests doesn't have that much risks compared to when you invested your money in a business. The difference is that you'll get a low return for putting your money in a bank, but it's better than getting nothing.

On a side note, people aren't contented even though they literally have everything and anything they want. A man will always find something greater and beyond his reach, which I think is pretty pointless.

Sorry maybe i just miss interpret. Frezzing your money in the bank with 1-3% net income have no risk so its better than business because business that take too much time have a risk . So it better to freez than to invest in a business.

[dothebeats]

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

Investment is a kind of savings. If you are doing savings then you can not keep it in the cash form with you. You will have to invest it in Fixed deposit, Real state, gold or shares, etc.

Investment is a kind of savings I disagree with that because, investing have a risk that your money would be lost or earn a profits. Also investing take too much time than saving. Saving takes 3-5 years before you stop to save (it depends on your salary every month) but in investing takes 10-15 years depends on the contract and the company (you wouldn't assure that your money can earn or will be lost its) its 50%-50%. And f you invest you can earn more profits by using the compound interest it can earn more profit as years passes by than simple interest.

Not totally true. There are some investment tool available which has zero risk and will give you return in 3-5 years as well. That will totally depends upon the risk profile of the individual and his requirements.

Yeah theres some but its hard to find that company that zero risk. And if its only 3-5 years you profit is not high because your time is not so long and it depends on the interest of that company where your profit are big or small.

many banks offers 1-3% max of annual interest, but you need to freeze your account for one year, they should be pretty safe as far as i know, it's not like playing ponzi with bitcoin for sure...

but overall is a very tiny amount, not sure it worth it to freeze your account for one year, i know that i won't do that...

But the interest is so low. If i invest i would not invest to the company that have only 1-3% because after 5-10 years my profit will be small and the interest is only simple interest . If the interes is compound and its annual interest is 1-3% i think i will invest, because it compound interest and assure to myself that i will earn a big profits.

not after 5-10 years but after 1 year only, if you invest 100k and you lock them in those bank, they give you 1k-3k usd/euro, it's not that bad at the end, although still too low for many

Yeah its too low. You invest 100k and you only earn per year is 1-3k? No one invest in that situation.  Your 100k are in the risk that it may loss and you invest it to earn only 1-3k per year? No one businessman or woman will agree with that.

Actually, what you are saying in here is too far from what Amph really said. Putting your money in a bank and freezing it for a year will net you 1-3% of whatever amount you've deposited in there. Putting your money in a bank and expecting annual interests doesn't have that much risks compared to when you invested your money in a business. The difference is that you'll get a low return for putting your money in a bank, but it's better than getting nothing.

On a side note, people aren't contented even though they literally have everything and anything they want. A man will always find something greater and beyond his reach, which I think is pretty pointless.

Sorry maybe i just miss interpret. Frezzing your money in the bank with 1-3% net income have no risk so its better than business because business that take too much time have a risk . So it better to freez than to invest in a business.

Well you're starting to be confused on what you stand for. Leaving your money in a bank seems to be a surefire way for you to get some little profit, but if you did take time to research and ask people, those money in your bank could actually grow A LOT. There are a lot of opportunities out there that can yield you higher profits, but with it comes risks that--as much as possible--we try to avoid. If you did your homework and researched thoroughly, looking through different information and asking different people, you might lessen or decrease risks that are inclined with investments. With that said, having a well-planned investment is far better than letting your money sitting in a bank doing nothing and giving you a ridiculously small gain every year.

[Dotakels]

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

Investment is a kind of savings. If you are doing savings then you can not keep it in the cash form with you. You will have to invest it in Fixed deposit, Real state, gold or shares, etc.

Investment is a kind of savings I disagree with that because, investing have a risk that your money would be lost or earn a profits. Also investing take too much time than saving. Saving takes 3-5 years before you stop to save (it depends on your salary every month) but in investing takes 10-15 years depends on the contract and the company (you wouldn't assure that your money can earn or will be lost its) its 50%-50%. And f you invest you can earn more profits by using the compound interest it can earn more profit as years passes by than simple interest.

Not totally true. There are some investment tool available which has zero risk and will give you return in 3-5 years as well. That will totally depends upon the risk profile of the individual and his requirements.

Yeah theres some but its hard to find that company that zero risk. And if its only 3-5 years you profit is not high because your time is not so long and it depends on the interest of that company where your profit are big or small.

many banks offers 1-3% max of annual interest, but you need to freeze your account for one year, they should be pretty safe as far as i know, it's not like playing ponzi with bitcoin for sure...

but overall is a very tiny amount, not sure it worth it to freeze your account for one year, i know that i won't do that...

But the interest is so low. If i invest i would not invest to the company that have only 1-3% because after 5-10 years my profit will be small and the interest is only simple interest . If the interes is compound and its annual interest is 1-3% i think i will invest, because it compound interest and assure to myself that i will earn a big profits.

not after 5-10 years but after 1 year only, if you invest 100k and you lock them in those bank, they give you 1k-3k usd/euro, it's not that bad at the end, although still too low for many

Yeah its too low. You invest 100k and you only earn per year is 1-3k? No one invest in that situation.  Your 100k are in the risk that it may loss and you invest it to earn only 1-3k per year? No one businessman or woman will agree with that.

Actually, what you are saying in here is too far from what Amph really said. Putting your money in a bank and freezing it for a year will net you 1-3% of whatever amount you've deposited in there. Putting your money in a bank and expecting annual interests doesn't have that much risks compared to when you invested your money in a business. The difference is that you'll get a low return for putting your money in a bank, but it's better than getting nothing.

On a side note, people aren't contented even though they literally have everything and anything they want. A man will always find something greater and beyond his reach, which I think is pretty pointless.

Sorry maybe i just miss interpret. Frezzing your money in the bank with 1-3% net income have no risk so its better than business because business that take too much time have a risk . So it better to freez than to invest in a business.

Well you're starting to be confused on what you stand for. Leaving your money in a bank seems to be a surefire way for you to get some little profit, but if you did take time to research and ask people, those money in your bank could actually grow A LOT. There are a lot of opportunities out there that can yield you higher profits, but with it comes risks that--as much as possible--we try to avoid. If you did your homework and researched thoroughly, looking through different information and asking different people, you might lessen or decrease risks that are inclined with investments. With that said, having a well-planned investment is far better than letting your money sitting in a bank doing nothing and giving you a ridiculously small gain every year.

You can also earn big profit in banks by using the compound interest. People know that if you let your money in bank it will gain a very small profit ,but if you use a simple interest you will earn a small profit but if you use the compound interest it will doubled or triple your money because of that interest.

[GreenStox]

You can also earn big profit in banks by using the compound interest. People know that if you let your money in bank it will gain a very small profit ,but if you use a simple interest you will earn a small profit but if you use the compound interest it will doubled or triple your money because of that interest.

Of course in like 200 years sure.

I hardly doubt that with 0.25% yearly interest you will double your money very soon lol...

[lucasjkr]

Yeah its too low. You invest 100k and you only earn per year is 1-3k? No one invest in that situation.  Your 100k are in the risk that it may loss and you invest it to earn only 1-3k per year? No one businessman or woman will agree with that.

Every businessman agrees to that. They keep their money in bank accounts for less than the 1-3% annual interest you're citing. How else to you think they pay their bills, employee paychecks, etc?

In many countries, US specific since that's where I am, the $100k isn't at risk at all. FDIC insured. But in countries without such backstops, you still see people depositing their money for far less than 1-3%

[lucasjkr]

You can also earn big profit in banks by using the compound interest. People know that if you let your money in bank it will gain a very small profit ,but if you use a simple interest you will earn a small profit but if you use the compound interest it will doubled or triple your money because of that interest.

Of course in like 200 years sure.

I hardly doubt that with 0.25% yearly interest you will double your money very soon lol...

You have to remember that 0.25% is not the norm; rates were dropped to zero as a result of the financial crisis in 08. "Normal times" they fluctuate - 3%, 6%, 8%... heck, early 80's you could get 16-20%. Of course, mortgages were also 14-18%.

But you have to stop looking at the situation as it is today and projecting that out to the indefinite future... Things are a lot more stable than they were, and the Fed is talking about letting rates rise, which'll have a trickle down effect across the rest of the world in turn.

These last few years of 0 to 0.25% interest on savings have been brutal for savers, but are far from the norm.

[GreenStox]

You have to remember that 0.25% is not the norm; rates were dropped to zero as a result of the financial crisis in 08. "Normal times" they fluctuate - 3%, 6%, 8%... heck, early 80's you could get 16-20%. Of course, mortgages were also 14-18%.

But you have to stop looking at the situation as it is today and projecting that out to the indefinite future... Things are a lot more stable than they were, and the Fed is talking about letting rates rise, which'll have a trickle down effect across the rest of the world in turn.

These last few years of 0 to 0.25% interest on savings have been brutal for savers, but are far from the norm.

In what planet do you live lucas?

Check out this page and inform yourself:

www.nationaldebtclocks.org

Interest rates wont be raised again, they are going only down and down, into negative territory. Then they start up the printing press, and start doing QE infinity to print themselves out of debt.

Say goodbye to your bank savings because global hyperinflation will come!

[Sithara007]

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

Investment is a kind of savings. If you are doing savings then you can not keep it in the cash form with you. You will have to invest it in Fixed deposit, Real state, gold or shares, etc.

Investment is a kind of savings I disagree with that because, investing have a risk that your money would be lost or earn a profits. Also investing take too much time than saving. Saving takes 3-5 years before you stop to save (it depends on your salary every month) but in investing takes 10-15 years depends on the contract and the company (you wouldn't assure that your money can earn or will be lost its) its 50%-50%. And f you invest you can earn more profits by using the compound interest it can earn more profit as years passes by than simple interest.

Not totally true. There are some investment tool available which has zero risk and will give you return in 3-5 years as well. That will totally depends upon the risk profile of the individual and his requirements.

Yeah theres some but its hard to find that company that zero risk. And if its only 3-5 years you profit is not high because your time is not so long and it depends on the interest of that company where your profit are big or small.

many banks offers 1-3% max of annual interest, but you need to freeze your account for one year, they should be pretty safe as far as i know, it's not like playing ponzi with bitcoin for sure...

but overall is a very tiny amount, not sure it worth it to freeze your account for one year, i know that i won't do that...

But the interest is so low. If i invest i would not invest to the company that have only 1-3% because after 5-10 years my profit will be small and the interest is only simple interest . If the interes is compound and its annual interest is 1-3% i think i will invest, because it compound interest and assure to myself that i will earn a big profits.

But in countries like India, Banks are giving 7-10% annual interest rate depending upon the amount, bank and maturity tenure. So that's not very bad compare to what you are refereeing to.

[bryant.coleman]

But in countries like India, Banks are giving 7-10% annual interest rate depending upon the amount, bank and maturity tenure. So that's not very bad compare to what you are refereeing to.

The Indian Rupee is a very weak currency, which is undergoing devaluation at a rate of 7% to 10% every year. So even if you get a 10% interest on your INR deposits, effectively, your net holdings are not increasing.

[GreenStox]

But in countries like India, Banks are giving 7-10% annual interest rate depending upon the amount, bank and maturity tenure. So that's not very bad compare to what you are refereeing to.

Thats being done because the inflation is eating it up. You got 1 billion people there that some need welfare, of course your government will print money.

You always have to look at the net interest rate. If you inflation is like 50% and your government gives your 51% on deposits, you dont get 51% return you only get 1% return....

So yea. If your annual interest is like 10%, then the inflation is easily 7-8%, so you also get only 2%, and good luck with that becoming rich lol....