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Author Topic: Is it better to save money or invest it?  (Read 1181158 times)
tabas
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September 05, 2016, 03:58:57 PM
 #6561

It's important to invest, but also is important to save money, with saving you can make sure you will not lose your money when investing in something.

My mother told me that if you are going to be a good saver for sure you are going to be a good investor. Why? Because if you are able to value the money that you are saving then for sure you are going to value more the profit that you are going to get from your own investment. It is a stepping stone if you are going to save money first.

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September 05, 2016, 04:01:02 PM
 #6562

It's important to invest, but also is important to save money, with saving you can make sure you will not lose your money when investing in something.

My mother told me that if you are going to be a good saver for sure you are going to be a good investor. Why? Because if you are able to value the money that you are saving then for sure you are going to value more the profit that you are going to get from your own investment. It is a stepping stone if you are going to save money first.

Yeah, saving should be our primary concern as if your income is dependent on day job then you need to save a part of salary on regular basis and once you have enough a small part of it should go to investment.
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September 05, 2016, 04:05:29 PM
 #6563

It's important to invest, but also is important to save money, with saving you can make sure you will not lose your money when investing in something.

You are not clearing yourself well that what you are trying to say, are you saying that investing is good but saving is better because you wont lose if you save? Or are you saying that when investing somewhere you should be careful so that you dont lose your money? But that would be called to make your money safe, but saving money is another thing which means to keep them somewhere to be used in future.
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September 05, 2016, 05:04:28 PM
 #6564

Investing it in good investments "BTC being one but of course not a considerable size of your investment portfolio".. keeping the money without an investment specially if in a devaluating economy would mean losing a percentage of the value of the money every year.
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September 05, 2016, 05:46:32 PM
 #6565

It's important to invest, but also is important to save money, with saving you can make sure you will not lose your money when investing in something.

You should simply say that he should save his money to be invested later, is that what you are saying or not?
Well i personally believe that investing is better as just saving wont earn you anything but if you invest it with some research and reading you would probably do good with it.
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September 05, 2016, 06:00:23 PM
 #6566

better to invest your money with investment that you know that there's a big potential to grow because just by saving it no profits will be earned, that's the practical things that needed to consider investment always gives you profit in the end.

Not all investments are profitable they may give you loss in long run, as investment involves risk but we should take risk in order to get some good returns in future.
In order to make profits from the investment it is very important to do proper study or research. Without proper study any investment result to a big loss but I am agree with you in order to earn more we have to take risk. So the best thing is always invest that you are able to lose and always save some money for emergency.
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September 05, 2016, 06:07:06 PM
 #6567

Depends on your goals really. But keeping money on a bank is a waste IMO. There are more the enough safe investments which give a higher return rate then what the bank gives. Investing in bitcoin might proof to be worth it for you, it was for me. Bitcoin was my first "investment" and it got me hooked.

Money on the bank is good for instant cash. You cannot get cash if you invested all your money and it is trapped in equity. Or if you invested on bitcoin, you do not want to get your money out while the price is down. I suggest you put some money on a bank for security, the rest you can invest wherever your hearts desire.

Yes the safest way to save money is to put them in banks as your money is secured  with them and you can have money in your hand whenever you want and same doesn't go with investments.
banks are usually really safe though if i could choose i would go with bitcoin wallet to avoid banking and their huge fees for nothing

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September 05, 2016, 06:15:29 PM
 #6568

We need to have both than to choose the one because both are same great and it will gives you great income in the future, but we need to invest only the amount that we can afford to lose.

Investment is risky but you need to take that risk at initial stage to get good profits in future, saving is safe and doesn't involve any risk but it will not allow you to grow your money in long run.

saving may seem safe to you, but you have to realize that when you just save, that you lose money. the reason is the low interest of around 0.4% in comparison to the 1.4% tax we have to pay over our wealth. that's a hit of 1% per year if you leave your money in your savings account. that's why people are forced to look for investments.
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September 05, 2016, 06:24:30 PM
 #6569

We need to have both than to choose the one because both are same great and it will gives you great income in the future, but we need to invest only the amount that we can afford to lose.

Investment is risky but you need to take that risk at initial stage to get good profits in future, saving is safe and doesn't involve any risk but it will not allow you to grow your money in long run.

saving may seem safe to you, but you have to realize that when you just save, that you lose money. the reason is the low interest of around 0.4% in comparison to the 1.4% tax we have to pay over our wealth. that's a hit of 1% per year if you leave your money in your savings account. that's why people are forced to look for investments.
You have a point it is still the best to choose investing your money in bitcoin and hold it and save it.. you can make a good profit if the price of bitcoin is increase more high..  in bitcoin there is no tax so i think its safe to save our money in bitcoin.

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September 05, 2016, 06:25:27 PM
 #6570

We need to have both than to choose the one because both are same great and it will gives you great income in the future, but we need to invest only the amount that we can afford to lose.

Investment is risky but you need to take that risk at initial stage to get good profits in future, saving is safe and doesn't involve any risk but it will not allow you to grow your money in long run.

And no investment that can we called a safe one because no such investment like that exist. It has risk even with people's so called easy investment.

But it doesn't mean we have to worry about the risk since all risk has appropriate doings to make it cover on the long run. Just think of some things that covered all the risk and we will have a nice investment that will run in a long run. And because of that, we can have more save money now.


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September 05, 2016, 06:56:34 PM
 #6571

We need to have both than to choose the one because both are same great and it will gives you great income in the future, but we need to invest only the amount that we can afford to lose.

Investment is risky but you need to take that risk at initial stage to get good profits in future, saving is safe and doesn't involve any risk but it will not allow you to grow your money in long run.

saving may seem safe to you, but you have to realize that when you just save, that you lose money. the reason is the low interest of around 0.4% in comparison to the 1.4% tax we have to pay over our wealth. that's a hit of 1% per year if you leave your money in your savings account. that's why people are forced to look for investments.
You have a point it is still the best to choose investing your money in bitcoin and hold it and save it.. you can make a good profit if the price of bitcoin is increase more high..  in bitcoin there is no tax so i think its safe to save our money in bitcoin.

finding the right investment is indeed the best option, but here where i live, and probably in other countries as well, bitcoin is seen as part of your wealth. which means that you must declare also your bitcoin holdings. however, not many people do that. Tongue
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September 05, 2016, 07:22:42 PM
 #6572

I think that saving is the better cause investments is always risky, you will never know what you can got at the end, so better to use safe ways.

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September 05, 2016, 07:39:34 PM
 #6573

I think to invest in gold and real estate is a better option because it is safe and you will get better profit if your investment plan is good.
To invest online is also a good thing but a bit risky. It will be more better to not put all eggs in one basket invest in different ways ( i.e bank, bitcoin, gold) with proper planning so that there would be low risk of loss.
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September 05, 2016, 07:46:53 PM
 #6574

It's important to invest, but also is important to save money, with saving you can make sure you will not lose your money when investing in something.

My mother told me that if you are going to be a good saver for sure you are going to be a good investor. Why? Because if you are able to value the money that you are saving then for sure you are going to value more the profit that you are going to get from your own investment. It is a stepping stone if you are going to save money first.

That is if you have the skills to choose the right investment. If you choose poorly or you do not have what it takes to become a good investor, then there is no profit and nothing to save. Investing needs some time to learn and become an expert. That is why you need some savings to protect you while you are learning how to invest.
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September 05, 2016, 10:29:34 PM
 #6575

I think that saving is the better cause investments is always risky, you will never know what you can got at the end, so better to use safe ways.
I think the investment is something risky. the level of risk depends on the investments you choose? for example, I invested in gambling sites? of course I will have the possibility to lose? it is a risk that is quite large. because you would ever lose?
my advice is to invest in stocks or altcoin? it gets better
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September 05, 2016, 11:25:54 PM
 #6576

I think that saving is the better cause investments is always risky, you will never know what you can got at the end, so better to use safe ways.

But saving alone is a slow process, with saving we cannot get that much money which we can expect with investment, and if someone want success then they should have to take the risks, as without that we will live a passive life.
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September 06, 2016, 01:26:16 AM
 #6577

I think that saving is the better cause investments is always risky, you will never know what you can got at the end, so better to use safe ways.

But saving alone is a slow process, with saving we cannot get that much money which we can expect with investment, and if someone want success then they should have to take the risks, as without that we will live a passive life.
actually its better to invest because it can grow your money, but you need to find safe and potential investment, if you cant find one then you better save your bitcoin, because saving bitcon and wait for the right time to sell is consider investment, this method is safer but you earn slower than invest in other place
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September 06, 2016, 01:30:20 AM
 #6578

I think that saving is the better cause investments is always risky, you will never know what you can got at the end, so better to use safe ways.

But saving alone is a slow process, with saving we cannot get that much money which we can expect with investment, and if someone want success then they should have to take the risks, as without that we will live a passive life.
Savings is the lowest risk investment to be made, im earning a bit from those, but if i try to go trading i should be doing more income but i would expose my coins into a bigger risk, but always more risk big reward.
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September 06, 2016, 02:01:15 AM
 #6579

I think that saving is the better cause investments is always risky, you will never know what you can got at the end, so better to use safe ways.

But saving alone is a slow process, with saving we cannot get that much money which we can expect with investment, and if someone want success then they should have to take the risks, as without that we will live a passive life.
Savings is the lowest risk investment to be made, im earning a bit from those, but if i try to go trading i should be doing more income but i would expose my coins into a bigger risk, but always more risk big reward.

Well you are right with it and I would say it is going to be a good thing if you are going to keep on saving and it is the safest thing to do. If you don't
want to invest then you can just keep on saving your money or bitcoin. So that if there is something that you want to buy then you can just pull something in your pocket.



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September 06, 2016, 05:21:08 AM
 #6580

It is very important to have reserves for future needs, but if the money is all in fiat, the inflation may affect the purchasing power of your reserves.
So consider investing part of it, in BTC for example, to compensate the inflation and for potential profits.
Yes you are right it's more important if you are going to hold your bitcoin in future purposes or in some emergency case because if you are going to invest that you are taking risk where you can able to lose your money or for me it is not good to invest because sometimes we deposit are money on the wrong website.
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