Is it better to save money or invest it?

[bryant.coleman]

I was checking the exchange rates of a few of the major world currencies. Actually, saving seems to be a good option, with a few currencies such as the Japanese Yen. For example, if you had saved some 10,000 JPY in 2007 (worth $83), it would have been worth at least $130 in 2011. That is a 57% return in just 4 years. How many investments will give you that sort of return?

[knowhow]

I was checking the exchange rates of a few of the major world currencies. Actually, saving seems to be a good option, with a few currencies such as the Japanese Yen. For example, if you had saved some 10,000 JPY in 2007 (worth $83), it would have been worth at least $130 in 2011. That is a 57% return in just 4 years. How many investments will give you that sort of return?

Well a safe return,as the banks now provide maybe no where,but at bitcoin world and altcoins its possible to make those in one day or one month or 1 year soo why to wait 4 years to do a thing that you can do alone and faster?

Investment is the fast way ,but as someone said already exchange can turn into a loss soo choose careful your options.

[Mickeyb]

saving it's only good in a form of investment, liek bitcoin for example, but if you just save in the bank you will lose money due to infaltion of 8%

what are you even speaking ? in which world do you see an inflation of 8% ? are you saying per decade ?
however you get the interests on savings or you can just FD or bond it so you dont lose anything out of price increase.

it seems that right now the inflation is negative, but in the past(2014) there was a 7.68 peak, so we say an everage of 2-3 per year, still to much to cover you saving by simply locking your funds in a bank, you will lose money every year

yeas ...i knew it was close to 3% per anum and how much are you geting from intersts or FD's ?
international rate of FD's is 10% to a lowest of 7% depending on the bank and country...still .

here in italy it's very low, around 1% maybe 2 with the best bank, so it's not worth it at all to leave your money doing nothing in a bank

In France that's 0.75% in all of the banks. Ridiculous, I have nothing more to say. I might as well hold my money at my house. Interest rates are closely following the inflation rate and are being adjusted by the inflation rate in France. Current inflation rate is under 0.75%.

European economy is pretty much falling apart!

[cutesakura]

all depends on the level of inflation in a country, when the inflation rate is high then it would be better if we withdraw all our funds in banks and invest the its in the form of gold is more stable, we just left a few just to meet daily needs, whereas if the rate low inflation, the better we add to our savings due to the strengthening of regional currencies than the currency of another country

[jeffthebaker]

When it gets down to it, the answer to the question is simply a math equation. If your investment plan holds an ROI that exceeds the rate of interest, then you should invest. If interest exceeds the ROI, save. Of course, with super low interest rates practically globally, investing is certainly the superior option today.

[pjsonowal]

I say its better to save money... if you want to invest you can invest that is good too... But invest in a way that one investment if got scammed then it is covered up by other investment

[Kevin77]

I say its better to save money... if you want to invest you can invest that is good too... But invest in a way that one investment if got scammed then it is covered up by other investment

Saving is the better options I agree. But if you save your money in bitcoin will make your money grow over time and you can get back your money in multiple times. Bitcoin has proven record of growth, so saving in bitcoin will be the wonderful choice to make your money to fly.

[Laosai]

But invest in a way that one investment if got scammed then it is covered up by other investment

So basically you're saying that if we gonma invest, we will invest on a ponzi? Am I correct how I understand that quote? Sounds like a ponzi to me Just correct me if I am wrong.

[mrhelpful]

I say its better to save money... if you want to invest you can invest that is good too... But invest in a way that one investment if got scammed then it is covered up by other investment

Yeah you can save money, but you need a good cash flow for other investments.

You cant have one thing wanting first, if you have zero cash flow.

[mrhelpful]

I say its better to save money... if you want to invest you can invest that is good too... But invest in a way that one investment if got scammed then it is covered up by other investment

Saving is the better options I agree. But if you save your money in bitcoin will make your money grow over time and you can get back your money in multiple times. Bitcoin has proven record of growth, so saving in bitcoin will be the wonderful choice to make your money to fly.

Savings like anything else needs a huge sum of cash.

Besides you need cash for other bills, but bitcoin is not always secure it will grow over time. So I suggest to invest in gold as well.

[CrimBit]

invest all your money at bitcoin

[roadbits]

invest all your money at bitcoin

Do not ever invest money just by hopes because you may end up in a big loss. So better diversify you investments to reduce investment risks. All investments comes with some risks so investing everything in single product is foolishness. Do not ever do that even if you know it can surely give you good returns over the time.

[Laosai]

invest all your money at bitcoin

I don't know if its a good idea but personally I won't do that since bitcoin price unpredictable and all investments do have risks. But investing on bitcoins is a good investment but only invest a percentage of your money, not everything cuz you may end up broke if ever bitcoin will go down. Just my two cents

[Dotakels]

invest all your money at bitcoin

I don't know if its a good idea but personally I won't do that since bitcoin price unpredictable and all investments do have risks. But investing on bitcoins is a good investment but only invest a percentage of your money, not everything cuz you may end up broke if ever bitcoin will go down. Just my two cents

bad idea,you must have a cash for your real life, don't just depend in bitcoin or in bitcoin community, your salary may lose every month if you put all of your money in bitcoin and you are not sure if your money will earn profit or not.

[Amph]

saving it's only good in a form of investment, liek bitcoin for example, but if you just save in the bank you will lose money due to infaltion of 8%

what are you even speaking ? in which world do you see an inflation of 8% ? are you saying per decade ?
however you get the interests on savings or you can just FD or bond it so you dont lose anything out of price increase.

it seems that right now the inflation is negative, but in the past(2014) there was a 7.68 peak, so we say an everage of 2-3 per year, still to much to cover you saving by simply locking your funds in a bank, you will lose money every year

yeas ...i knew it was close to 3% per anum and how much are you geting from intersts or FD's ?
international rate of FD's is 10% to a lowest of 7% depending on the bank and country...still .

here in italy it's very low, around 1% maybe 2 with the best bank, so it's not worth it at all to leave your money doing nothing in a bank

In France that's 0.75% in all of the banks. Ridiculous, I have nothing more to say. I might as well hold my money at my house. Interest rates are closely following the inflation rate and are being adjusted by the inflation rate in France. Current inflation rate is under 0.75%.

European economy is pretty much falling apart!

i wasn't aware that france has so low FD rate, that's unexcepted, i mean they ar enot in bad position when we tanlk about their economy

we are only lucky that inflation is negative now, but this does not mean anything, it will increase again in the future,

so hoping to making a good move with fd rate right now is a bit naive, especially because you need 1 year of fix deposit to have your rate, 1 year is enough for the inflation to fluctuate in a bad position, again..

[Mickeyb]

saving it's only good in a form of investment, liek bitcoin for example, but if you just save in the bank you will lose money due to infaltion of 8%

what are you even speaking ? in which world do you see an inflation of 8% ? are you saying per decade ?
however you get the interests on savings or you can just FD or bond it so you dont lose anything out of price increase.

it seems that right now the inflation is negative, but in the past(2014) there was a 7.68 peak, so we say an everage of 2-3 per year, still to much to cover you saving by simply locking your funds in a bank, you will lose money every year

yeas ...i knew it was close to 3% per anum and how much are you geting from intersts or FD's ?
international rate of FD's is 10% to a lowest of 7% depending on the bank and country...still .

here in italy it's very low, around 1% maybe 2 with the best bank, so it's not worth it at all to leave your money doing nothing in a bank

In France that's 0.75% in all of the banks. Ridiculous, I have nothing more to say. I might as well hold my money at my house. Interest rates are closely following the inflation rate and are being adjusted by the inflation rate in France. Current inflation rate is under 0.75%.

European economy is pretty much falling apart!

i wasn't aware that france has so low FD rate, that's unexcepted, i mean they ar enot in bad position when we tanlk about their economy

we are only lucky that inflation is negative now, but this does not mean anything, it will increase again in the future,

so hoping to making a good move with fd rate right now is a bit naive, especially because you need 1 year of fix deposit to have your rate, 1 year is enough for the inflation to fluctuate in a bad position, again..

Yes, 0.75%. It's nothing. Here apparently they adjust the interest rates every 6 months and they are directly related to the inflation rate. So it really doesn't depend how well one country is doing.

Then again country can't do to good when you have a negative inflation rate!

[Quinn]

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

If you find it difficult whether to save or invest, do both, because both are good.  You put your money in an investment for long term goals and put your money in a savings account for easy access to ready cash.

[Poppy]

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

Both saving and investing are good.  With investing, the return is high but there are risks involved.

[SmartSports]

Agree. Better to save money for bad times. Invest in good schemes

[neonshium]

Agree. Better to save money for bad times. Invest in good schemes

In common man life, investment are possible from a savings. Saving are meant for bad time situations and must be readily available for a emergency situations. Bitcoin has the awesome feature of savings which can be readily available for immediate spending and also a good investment in long term.