Is it better to save money or invest it?

[torrentheaven]

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

if you can manage, half of your income could invest with a gold, cause gold is the first easy invest for new comer , but if you want to try, maybe the property not a wrong choice,(but for me, property is difficult cause you must know where you buy, the perfect location, rate every year of that estate, even rate always up)

Very True. Gold can be the one option to invest and there are assured returns in it but you to have patience as the prices of gold fluctuates everyday and so far real estate is concerned you need huge amount to invest in it as the land prices are climbing up and up so for an average person its not possible to invest in property or land.

Gold is always profitable investment. But my question is it really possible for an middle class person with very average salary can afford to invest in Gold as it requires good amount of capital in hand so i think his basic necessity is to take care of day to day expenses so saving is best option.

[freeyourmind]

I would prefer saving rather than investing. Being a Average income guy I don't have much to invest directly as investment requires huge capital so at present would prefer to save money in some savings plans and once i have good fund in hand will go for some good investment products.

Investing doesn't necessarily "require" a huge amount of capital.  You can invest smaller amounts, it just needs to be significant enough to offset any transaction fees you incur.  So it wouldn't make sense to invest $100 in stocks if the trading fee is $10, but you also don't need to be a millionaire.

If you're able to invest and make something like a 5% return, then it's worth doing, as savings will not produce that type of return, and will likely not even cover inflation.

[freeyourmind]

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

if you can manage, half of your income could invest with a gold, cause gold is the first easy invest for new comer , but if you want to try, maybe the property not a wrong choice,(but for me, property is difficult cause you must know where you buy, the perfect location, rate every year of that estate, even rate always up)

Very True. Gold can be the one option to invest and there are assured returns in it but you to have patience as the prices of gold fluctuates everyday and so far real estate is concerned you need huge amount to invest in it as the land prices are climbing up and up so for an average person its not possible to invest in property or land.

Gold is always profitable investment. But my question is it really possible for an middle class person with very average salary can afford to invest in Gold as it requires good amount of capital in hand so i think his basic necessity is to take care of day to day expenses so saving is best option.

No investment is always profitable, and as someone that is currently experiencing negative returns on gold, I can say along with many others that gold is not always profitable.  I'd say it's a good alternative store of value, especially for those that have lost faith in fiat, but it's still very possible to have losses in gold.

[gripflierGO]

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

if you can manage, half of your income could invest with a gold, cause gold is the first easy invest for new comer , but if you want to try, maybe the property not a wrong choice,(but for me, property is difficult cause you must know where you buy, the perfect location, rate every year of that estate, even rate always up)

Very True. Gold can be the one option to invest and there are assured returns in it but you to have patience as the prices of gold fluctuates everyday and so far real estate is concerned you need huge amount to invest in it as the land prices are climbing up and up so for an average person its not possible to invest in property or land.

Gold is always profitable investment. But my question is it really possible for an middle class person with very average salary can afford to invest in Gold as it requires good amount of capital in hand so i think his basic necessity is to take care of day to day expenses so saving is best option.

No investment is always profitable, and as someone that is currently experiencing negative returns on gold, I can say along with many others that gold is not always profitable.  I'd say it's a good alternative store of value, especially for those that have lost faith in fiat, but it's still very possible to have losses in gold.

There is risk involved in any financial product. No product guarantees you the high returns its totally depended on market condition and also a luck factor so i would prefer to save my money in some mutual funds for say SIP where i can get assured returns on my investments.

[philipma1957]

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

Well a nice vague general question.  With an endless amount of answers.

I did not bother reading any answer since I do not want to be influence by them.


To answer you it will take many posts.

Here is my first answer.  Decide if the savings are short term say under 1 year.  Mid term say 1 to 10 years  or long term over 30 years.

Once you have done this you will hopefully decide  you should do all 3 types of savings  short, middle and long.

 Back later with the next part  to this.

[BTCevo]

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

if you can manage, half of your income could invest with a gold, cause gold is the first easy invest for new comer , but if you want to try, maybe the property not a wrong choice,(but for me, property is difficult cause you must know where you buy, the perfect location, rate every year of that estate, even rate always up)

Very True. Gold can be the one option to invest and there are assured returns in it but you to have patience as the prices of gold fluctuates everyday and so far real estate is concerned you need huge amount to invest in it as the land prices are climbing up and up so for an average person its not possible to invest in property or land.

Gold is always profitable investment. But my question is it really possible for an middle class person with very average salary can afford to invest in Gold as it requires good amount of capital in hand so i think his basic necessity is to take care of day to day expenses so saving is best option.

No investment is always profitable, and as someone that is currently experiencing negative returns on gold, I can say along with many others that gold is not always profitable.  I'd say it's a good alternative store of value, especially for those that have lost faith in fiat, but it's still very possible to have losses in gold.

Not all investments can give us a real profit, some of them can suddenly going to bankrupt then you will lost all your investment but for gold I think every investment in it is always profitable because in this last 10 years the price is always raise so for the long term I will get gold for the real investment to make

[Clint]

I think if you have quite a lot of money, you should invest immediately. Don't think you're gonna earn interest from the banks, it's literally nothing, unless you have a couple of million. Best thing right now, in my experience is stocks. Especially U.S and Chinese stocks. Like you said, gold is good too. But depend on where you are, if you're in North America, investing real state is starting to decline, as immigrants decline. Bitcoin is also a good investment, it's just a bit unstable right now. Hope this helps. GL on your investment 

[Dotakels]

I would prefer saving rather than investing. Being a Average income guy I don't have much to invest directly as investment requires huge capital so at present would prefer to save money in some savings plans and once i have good fund in hand will go for some good investment products.

Yeah savings is better but if you have a big saving, you can't only save and save you must try to grow your coins or make some business so that your saving would earn a profit.

[BTCevo]

I would prefer saving rather than investing. Being a Average income guy I don't have much to invest directly as investment requires huge capital so at present would prefer to save money in some savings plans and once i have good fund in hand will go for some good investment products.

Yeah savings is better but if you have a big saving, you can't only save and save you must try to grow your coins or make some business so that your saving would earn a profit.

So how to save big? Saving means cut off some of your salary, so how are you going to have big saving? It is like cut all of your salary and save all of it? If you mean that I dont think that will work here and  for some people they wont even have enough salary to save

[Dotakels]

I would prefer saving rather than investing. Being a Average income guy I don't have much to invest directly as investment requires huge capital so at present would prefer to save money in some savings plans and once i have good fund in hand will go for some good investment products.

Yeah savings is better but if you have a big saving, you can't only save and save you must try to grow your coins or make some business so that your saving would earn a profit.

So how to save big? Saving means cut off some of your salary, so how are you going to have big saving? It is like cut all of your salary and save all of it? If you mean that I dont think that will work here and  for some people they wont even have enough salary to save

Of course you have a big saving if you are continue to save. You will don't have a big saving if you just only save for a couple of months or years. All of things in this world are hard to get.

[Amph]

I think if you have quite a lot of money, you should invest immediately. Don't think you're gonna earn interest from the banks, it's literally nothing, unless you have a couple of million. Best thing right now, in my experience is stocks. Especially U.S and Chinese stocks. Like you said, gold is good too. But depend on where you are, if you're in North America, investing real state is starting to decline, as immigrants decline. Bitcoin is also a good investment, it's just a bit unstable right now. Hope this helps. GL on your investment 

bitcoin is perfectly stable right now, and it's the right time to invest, don't wait for 100 or others fantasy prices, i don't find investing in gold a real investment, since it's doubtful that it will get up, stock looks good but i prefer the crypto world, it can be traded much more confortably

[cyberarmy786]

invest to proper site where its can growth but dont spent on hyip or ptc site

[Benjig]

It is best to administer it in percentages. Some expert economist advice the 10% Rule:

10% for Fun (Friends, Girlfriends, Whim)
10% for Education (Never, Never stop learning stuff; courses, conferences, workshops, school, this 10 is for that)
10% for Invest (Bussines, assets)
10% for Charity (This gives you an aura of positivity and a feeling of being useful for humanity)
10% for Saving (Heritage, you will need it when you get old)
50% for Needs

If you can't manage your money that way, or can't reach life with that Rules, you are wasting to much or your earnings are to low

[Possum577]

Saving vs. Investing - it's basically the same thing, not a one or the other. If you're doing either of these you're doing better than the people that are spending a lot.

Financial security is a dynamic principle. It's relative to what everyone else has. If I have $100 surrounded by people with $10,000, i'm not feeling very secure. If I have $100 surrounded by people with $1, i'm feeling very secure.

Maybe I should be saying - Saving? Investing? Spend, baby spend!

[thebigtalk]

How about you do a 50/50? 50% savings and 50% investments. I always follow this golden rule while investing and gambling -- invest only what you can afford to loose.

[wearepoor]

Saving is always the best thing to do.

I would prefer saving over the investment as investment can prove to be a bad decision in future but if i have saved my money I can easily have access to my money at the time of emergencies and bad investment can get me losses which I cannot afford to have.

[Agestorzrxx]

Save money is a bad idea, it like you lent your money to rich people, and make them more richer. Find a right way to invest your money, you can earn more.

[Amph]

Save money is a bad idea, it like you lent your money to rich people, and make them more richer. Find a right way to invest your money, you can earn more.

and you can also lose more, here we are speak about people that who can not afford to lose, hence the discussion

i still think you can do both, saving and investing at the same time, and treat your saving as a back-up investment, if your investment goes wrong you have still money for live

[zendantom]

Save money is a bad idea, it like you lent your money to rich people, and make them more richer. Find a right way to invest your money, you can earn more.

and you can also lose more, here we are speak about people that who can not afford to lose, hence the discussion

i still think you can do both, saving and investing at the same time, and treat your saving as a back-up investment, if your investment goes wrong you have still money for live

Savings always comes first. Think of it as the foundation upon which your financial house is built. The reason is simple - unless you inherit a large amount of money, it is your savings that will provide you with the capital to feed your investments.Savings is present and Investment is future. Both are necessary.

[ObscureBean]

Well I'd be careful with most investments, unless you know exactly what you're doing you can easily end up with less money than what you started out with. The only thing I'd invest blindly (almost - with just a few factors to consider) in is real estate. You really can't go wrong with this one as a long term investment. Land will almost never depreciate simply because there is a finite amount of it and world population is growing ever so rapidly. And I'd give empty plots priority over ones with buildings if I don't plan on selling for a long time (less maintenance).