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Author Topic: Is it better to save money or invest it?  (Read 1181168 times)
HoshiPost
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October 26, 2016, 07:29:42 AM
 #7561

I hope to save money in the future becuae i know that allot of people dont know what saving is and that is cause lots of people only are investing to day and when you want to save at the end you wont be able to invest anymore becuase you need the saved money later.
hungryFinest
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October 26, 2016, 07:51:10 AM
 #7562

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!
When youa re investing allot of money it is also nice to save some in a way to make it even better for later if you are only spending your money or invesrting you wont see something coming back later you know and that is not what you all want i think.
Grobogan
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October 26, 2016, 08:00:25 AM
 #7563

Saving is putting money aside bit by bit, to make a lump sum. You need to save for a particular goal, like having money for a holiday, a depoist on house, or any emergencies that might crop up. Often saving is taken to mean putting your money into cash products, like bank and building society accounts, and thats how define savings.
error08
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October 26, 2016, 10:48:36 AM
 #7564

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

Save it on bank for sure !
Invest it online is the risky way to safe money

I going to invest it with gold and in real estate if I've more money.

Sometimes we can't predict all things that might be happen such as hacking or robbery incident. So at least we have prepare some of it

There are risks and negative outcomes in almost all cases.

House and land can depreciate or be destroyed.
Cash is ofcourse not such an easy thing to store for 20 years
Gold is a fluctuating investment too.

All you can do is take chances and stay prepared.
The best way is save a half and invest quarter what left,
The idea of savings for future plan and just in case you need something.
Investment is one of your effort to make money, it will be nice as extra money. Of course investment is risky, so make up your mind and do research first before investing.
Caladonian
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October 26, 2016, 11:23:19 AM
 #7565

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

Save it on bank for sure !
Invest it online is the risky way to safe money

I going to invest it with gold and in real estate if I've more money.

Sometimes we can't predict all things that might be happen such as hacking or robbery incident. So at least we have prepare some of it

There are risks and negative outcomes in almost all cases.

House and land can depreciate or be destroyed.
Cash is ofcourse not such an easy thing to store for 20 years
Gold is a fluctuating investment too.

All you can do is take chances and stay prepared.
The best way is save a half and invest quarter what left,
The idea of savings for future plan and just in case you need something.
Investment is one of your effort to make money, it will be nice as extra money. Of course investment is risky, so make up your mind and do research first before investing.
just to add , you already here in btc so better to work with your knowledge because for me bitcoin is one of the best investment that we can get good profits in returned, knowing more about it will make it more bigger, so lets say you are saving and you are also investing think of making it combine by buying btc as savings and study alt trading as investment.
mrkevio
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October 26, 2016, 11:27:57 AM
 #7566

In my opinion it's better to do a bit of both, and split your earnings in there equal sums: one for daily spendings, one for investments and one for savings. You need the daily spendings sum because you have to buy stuff like food and hygiene, you need investments for some extra profit and you need savings because you never know when you have to spend a lot of money and that comes into help.

freedomgo
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October 26, 2016, 11:36:46 AM
 #7567

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

Save it on bank for sure !
Invest it online is the risky way to safe money

I going to invest it with gold and in real estate if I've more money.

Sometimes we can't predict all things that might be happen such as hacking or robbery incident. So at least we have prepare some of it

There are risks and negative outcomes in almost all cases.

House and land can depreciate or be destroyed.
Cash is ofcourse not such an easy thing to store for 20 years
Gold is a fluctuating investment too.

All you can do is take chances and stay prepared.
The best way is save a half and invest quarter what left,
The idea of savings for future plan and just in case you need something.
Investment is one of your effort to make money, it will be nice as extra money. Of course investment is risky, so make up your mind and do research first before investing.
That's a requirement for every investor, a deep study is necessary especially when the amount of money involve is a considerable amount. You cannot just mess you investment as you will be tested, and if you cannot succeed with your first investment you might not succeed again if you will invest a bigger one.

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J Gambler
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October 26, 2016, 12:07:06 PM
 #7568

Investment and saving are generally the same thing.but in investment you get profit that make it more both profitable and risky as well.deposit in bank is really a good and trustable investment.but if you are good at marketing/forex trading skills then it is better to try luck if you are in hurry.
it's better to use that to in generally while saving money its good to have some investment with good site as well if you are willing to have profit with your bitcoin then do some investment both are really profitable while waiting for the price increase and if you are going to deposi in to bank then you can't really make profit.

Y U MAD AT ME
d@nte
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October 26, 2016, 12:23:34 PM
 #7569

If you have knowledge of the market, and arises a great opportunity, I believe that investing would be the right thing to do. But it is not advisable to invest all your capital into it, because having savings is also very important.
marcuslong
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October 26, 2016, 12:32:04 PM
 #7570

Investing money is the better option than just saving and collecting the money because if you want to grow money then investement is must.
Without investement just by saving money,for that time that money would be waste because if we invest them we could utilise that time and can earn even more.
Nope it is not a better option if you are investing your money you're just wasting it because there are no assurance that you can really make money in investment if you are in short of trading yes you can really make it but in long term i don't think soo no one can really make that thing.

Investment is not limited only to trading and online world there are many good investments in real world too which can give you good returns in long run.
For me investment is not good and yes investment is not limited not like trading investment can really turned into scammed and scam many people if there invested to it trading is one of the best incomve source online if you know how trade then you can really make your money return more bigger
Well, if that is your understanding then I would have to respect you, I guess you are the only person I saw in this forum who are calling that investment is not good, maybe for your experience it is not but in overall, investment is the only way to grow our money fast.
Respect for what ? in my decision well investment is not really good when you want to keep your money ilive and in your hand some of investment are not good in promising and then if you are going to invest your money just to have profit then i don't think that your money will be back on you.
Hilat
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October 26, 2016, 02:19:26 PM
 #7571

It all depends about the time you know saving money is always a good idea for later and i cant tell you why but i know for sure that you have to invest and save at the same time because that is win win situation.
bamboylee
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October 26, 2016, 02:54:45 PM
 #7572

In my opinion it's better to do a bit of both, and split your earnings in there equal sums: one for daily spendings, one for investments and one for savings. You need the daily spendings sum because you have to buy stuff like food and hygiene, you need investments for some extra profit and you need savings because you never know when you have to spend a lot of money and that comes into help.

You are right, we should do both. But if our income does not allow us to do savings and investing at the same time, prioritize savings. If you saved enough, use the money to start an investment and restart savings again. Repeat this until you are satisfied with the money you have and coming in.
Greenenergy
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October 26, 2016, 02:55:44 PM
 #7573

It depends on how long you can wait, and if the bitcoins you are saving were bought using fiat money. If they were and you can wait a decade, just do it.
WEBcreator
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October 26, 2016, 04:11:18 PM
 #7574

It depends on how long you can wait, and if the bitcoins you are saving were bought using fiat money. If they were and you can wait a decade, just do it.

You dont actually need t wait for decade and actually if you have bought few months ago then probably you could be selling some now as the price for that is quite good currently and although it is not much you will still end up in profit which is great and one way or another you are making money

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sunsilk
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October 27, 2016, 04:05:58 AM
 #7575

It depends on how long you can wait, and if the bitcoins you are saving were bought using fiat money. If they were and you can wait a decade, just do it.

You dont actually need t wait for decade and actually if you have bought few months ago then probably you could be selling some now as the price for that is quite good currently and although it is not much you will still end up in profit which is great and one way or another you are making money

Yeah you don't to wait a decade just to get some profit out of it, as long as you have a goal that you wanted to earn some profit by waiting for the increase then you will still get profit.

Just like now if you think that the price now is going to get you satisfied then you can just sell your bitcoins right away.

But I would suggest that you can still save and keep on waiting for higher price, just be patient.

Positid
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October 27, 2016, 06:59:41 AM
 #7576

It depends on how long you can wait, and if the bitcoins you are saving were bought using fiat money. If they were and you can wait a decade, just do it.

You dont actually need t wait for decade and actually if you have bought few months ago then probably you could be selling some now as the price for that is quite good currently and although it is not much you will still end up in profit which is great and one way or another you are making money

Yeah you don't to wait a decade just to get some profit out of it, as long as you have a goal that you wanted to earn some profit by waiting for the increase then you will still get profit.

Just like now if you think that the price now is going to get you satisfied then you can just sell your bitcoins right away.

But I would suggest that you can still save and keep on waiting for higher price, just be patient.
There's time for you and for everything to make profit on your investment but it is always necessary to make a target of your income as that is your plan towards your journey of making money. Every businessman or investor should have a business plan in order to work his way base on the plan.

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October 27, 2016, 11:20:18 AM
 #7577

Doing both is the best. Saving money for the future and investing to earn more and also save more. Investing all is not a good thing to do because you might have nothing to spend when emergency happens. Saving all your money is not good also because you won't have nothing to earn when you stop working or retire.
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October 27, 2016, 11:50:50 AM
 #7578

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

Matter of opinion how much to do.  I would try to save at least some of it, so you'll always have that to fall back on.
If you have the opportunity to do both the better, your savings will take care of your future needs while your investment will give your a comfortable life. Think of that possible good outcome so you will be inspired to do what is important.
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October 27, 2016, 11:57:34 AM
 #7579

If you can do both the better, having a savings and investment at the same time will give you an assurance that your life will not stop even if you investment will not succeed because in the first place you are just investing the money that you can afford to lose, so basically your savings should be bigger than your investment.
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October 27, 2016, 02:14:13 PM
 #7580

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

Matter of opinion how much to do.  I would try to save at least some of it, so you'll always have that to fall back on.
If you have the opportunity to do both the better, your savings will take care of your future needs while your investment will give your a comfortable life. Think of that possible good outcome so you will be inspired to do what is important.
correctly, the investment should be correct and profitable. After all, when the money is kept constant, they do not give a profit.
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