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Author Topic: Is it better to save money or invest it?  (Read 1181172 times)
ajrah
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August 20, 2015, 04:26:52 AM
 #1101

i'll try investing 30% of my salary from my day job and see how it work
my problem now is where to invest?

dodgecharger
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August 20, 2015, 04:27:41 AM
 #1102

imo try investing 50% and save the other 50%
in that way if your investment fails you still got 50% to correct that mistake
or if you're a rebel go all out on investing 100%
if you want to risk it to get the biscuit

good choice, Invest some but not all of it. Make sure even in the worst case scenario you'll still have enough money left because you can need at a later time.
lissandra
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August 20, 2015, 05:20:45 AM
 #1103

i'll try investing 30% of my salary from my day job and see how it work
my problem now is where to invest?

I`m trying to do this as well. but its so much harder then most people think.

esp when your wage is small as it is, everything adds up and nothing is left really to save. I sometimes have to consider what my odds are.. to even see this happen anytime soon most likely not for super long time.

luciann
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August 20, 2015, 06:38:51 AM
 #1104

imo try investing 50% and save the other 50%
in that way if your investment fails you still got 50% to correct that mistake
or if you're a rebel go all out on investing 100%
if you want to risk it to get the biscuit

good choice, Invest some but not all of it. Make sure even in the worst case scenario you'll still have enough money left because you can need at a later time.

most dont even have that option.

I say most have 2 temporary jobs to make up for the other one barely keeping up with rent and putting food on the table.

And yet we expect to save?

Amph
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August 20, 2015, 07:04:55 AM
 #1105

i'll try investing 30% of my salary from my day job and see how it work
my problem now is where to invest?

bitcoin seems a good choice now that it is tanked, i know it may seems contradditory but you should invest when the other have fear and vice versa
HarHarHar9965
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August 20, 2015, 07:29:50 AM
 #1106

i'll try investing 30% of my salary from my day job and see how it work
my problem now is where to invest?

I`m trying to do this as well. but its so much harder then most people think.

esp when your wage is small as it is, everything adds up and nothing is left really to save. I sometimes have to consider what my odds are.. to even see this happen anytime soon most likely not for super long time.

I made good profit investing when the price came real low, and when people got scared and rather sold their investments, I made money off it Smiley In terms of investing capital from your wage, you must know that a salary limits you and your dreams, your success is only limited and priced, and you work hard to fuel the dreams of your boss. Learn as much as you can working for someone for 5 years or less, then its time to work your own ventures Smiley
micky123
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August 20, 2015, 09:11:11 AM
 #1107

i'll try investing 30% of my salary from my day job and see how it work
my problem now is where to invest?

I`m trying to do this as well. but its so much harder then most people think.

esp when your wage is small as it is, everything adds up and nothing is left really to save. I sometimes have to consider what my odds are.. to even see this happen anytime soon most likely not for super long time.

I made good profit investing when the price came real low, and when people got scared and rather sold their investments, I made money off it Smiley In terms of investing capital from your wage, you must know that a salary limits you and your dreams, your success is only limited and priced, and you work hard to fuel the dreams of your boss. Learn as much as you can working for someone for 5 years or less, then its time to work your own ventures Smiley

Very well said especially the own venture part! The thing is once we work in a secure environment and you find that a fixed salary every month enables to to take better care of stuff.. we get comfortable and do not want to move out of our comfort zone. We attribute owning property and wealth to a steady income flow. The potential to earn is multiplied many fold when you are an entrepreuner, its just that people are too scared to take a leap of faith! (me included).

BTCevo
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August 20, 2015, 09:40:08 AM
 #1108

i'll try investing 30% of my salary from my day job and see how it work
my problem now is where to invest?

30% seems too little, may be you should increase to 50% at least to get more. What I can suggest you is invest in bitcoin, and now is the time because the price seems drop a little bit so you can buy as much as you want and stack it and it will rise again in no time
kenbytes
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August 20, 2015, 09:42:07 AM
 #1109

i thinnk is better to invest because if you invest you have the oportunity to do more money and to spend more money Smiley)

andysbizz
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August 20, 2015, 12:22:20 PM
 #1110

I think, If you want to multiply your money, it is better to invest. There is a risk, but the risk is justified.
SimpleIn
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August 20, 2015, 08:21:54 PM
 #1111

You do not need to save, you must strive to make more money! And attachment - it's good earnings. Unless of course it is good Smiley
Nizam ibrahim.P.N
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August 21, 2015, 12:08:03 PM
 #1112

The best way to invest money is bank!, saving money is more better option. if we invest money we always use it lavishly!..
aakashsangwan
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August 21, 2015, 12:50:43 PM
 #1113

The best way to invest money is bank!, saving money is more better option. if we invest money we always use it lavishly!..
Investing your money in the banks is literally burning your money.
Because banks gives us an interest rate which is very low than the current inflation rate, so banks are not increasing your money but they are decreasing it.

flock123
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August 21, 2015, 02:12:42 PM
 #1114

depends on you, if it wants to keep it, the better saved if you want to make more then Invest  Smiley
RealBitcoin
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August 21, 2015, 03:15:00 PM
 #1115

Keeping money in a bank is gambling , not saving, anymore. (due to risk of bail-in is bigger than yearly interest)

Putting money in stock market is now free money generation, not investing (since there is no price discovery, and the central bank will buy any drawdown in price)

So its an upside world today, and I hope people realize the real meaning of the words "invest" and "save", because in this economy its not what it first looks like.

HarHarHar9965
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August 21, 2015, 04:31:52 PM
 #1116

i'll try investing 30% of my salary from my day job and see how it work
my problem now is where to invest?

I`m trying to do this as well. but its so much harder then most people think.

esp when your wage is small as it is, everything adds up and nothing is left really to save. I sometimes have to consider what my odds are.. to even see this happen anytime soon most likely not for super long time.

I made good profit investing when the price came real low, and when people got scared and rather sold their investments, I made money off it Smiley In terms of investing capital from your wage, you must know that a salary limits you and your dreams, your success is only limited and priced, and you work hard to fuel the dreams of your boss. Learn as much as you can working for someone for 5 years or less, then its time to work your own ventures Smiley

Very well said especially the own venture part! The thing is once we work in a secure environment and you find that a fixed salary every month enables to to take better care of stuff.. we get comfortable and do not want to move out of our comfort zone. We attribute owning property and wealth to a steady income flow. The potential to earn is multiplied many fold when you are an entrepreuner, its just that people are too scared to take a leap of faith! (me included).

We kill our dreams because we are getting by, helping someone live their dreams Tongue I think its human to get lazy but the one who gets all the good shit in life, has to work for it. Not everybody was born with a golden spoon, I don't think it even matters to someone with potential, money is secondary but being happy is priority for such people, I like to believe I am one of them Smiley
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August 22, 2015, 04:53:23 AM
 #1117

Keeping money in a bank is gambling , not saving, anymore. (due to risk of bail-in is bigger than yearly interest)

Putting money in stock market is now free money generation, not investing (since there is no price discovery, and the central bank will buy any drawdown in price)

So its an upside world today, and I hope people realize the real meaning of the words "invest" and "save", because in this economy its not what it first looks like.

The stock markets seem like free money right now, but beware of the inflation demon. Once it strikes, central banks will be loathe to print money at will. This will lead to corrections. The only question is when will this occur.

michinzx
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August 22, 2015, 05:36:36 AM
 #1118

investing in bitcoin or saving your fiat money/bitcoin, just remember the risks vs the potential profits. no investment is guaranteed profit, but having your money sitting around isnt too bad either in terms of financial stability/security.
MinerHQ
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August 22, 2015, 05:41:02 AM
 #1119

investing in bitcoin or saving your fiat money/bitcoin, just remember the risks vs the potential profits. no investment is guaranteed profit, but having your money sitting around isnt too bad either in terms of financial stability/security.

Just small portion of your saved money invest in bitcoin to gain more profits if bitcoin prices go up. Do not invest all your savings in bitcoins
michinzx
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August 22, 2015, 05:49:44 AM
 #1120

investing in bitcoin or saving your fiat money/bitcoin, just remember the risks vs the potential profits. no investment is guaranteed profit, but having your money sitting around isnt too bad either in terms of financial stability/security.

Just small portion of your saved money invest in bitcoin to gain more profits if bitcoin prices go up. Do not invest all your savings in bitcoins
thats investing to profit in fiat money in the future, and if course it doesnt make sense to put all your money into bitcoin if you only intend to hold it as an investment. if you plan to use it, it is possible to live on bitcoin.
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