Is it better to save money or invest it?

[eddyfly]

You need to have a mixed portfolio from minimal to high risk investment/savings

[1715058783]

1715058783

[blackhawkeye1912]

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

Savings and Investment base on my assessment are both good and profitable. I realize that lately,  because they are both helpful in different ways. Especially, we can save money while do invest in some other business. Meaning we must do it in balance.

[Gameroid]

In my opinion , the better way to store fiat currency is investing it in some real estate business and the better way to store bitcoin is to store it in your wallet. For bitcoins , storing in wallet is the better option. As you can see, bitcoin's price is increasing day by day .So if you save some bitcoins worth few dollars now , may be in few years it will worth thousands of dollars. And more over, there is no place to invest bitcoins as such like banks for fiat currencies.

Yes strong bitcoin in wallet is a better opinion because it is also a forum of investment because the person will earn the profit when the price of bitcoin will increase and for the fiat the investment in real estate is also beneficial but the profit in it is a little bit lower.

in fact bitcoin provide us as double benefit. if you are using online wallet for keeping bitcoin so it is  a good investment and when the price of bitcoin goes up it also increase the value of your bitcoin and in this way you are making good profit and bitcoin provide us double services.

[mornabo]

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

Savings and Investment base on my assessment are both good and profitable. I realize that lately,  because they are both helpful in different ways. Especially, we can save money while do invest in some other business. Meaning we must do it in balance.

investing and saving will give very good results. especially if you get a smooth income from your investment and you save it. surely you will be rich in a few years

[Doms]

If you left your money in a bank with low interest rates, 10 years from now, the money you left will be buying less of the same thing, lower purchasing power because of inflation. You can't do anything about it because all fiat is designed that way.

So if you care about preserving the value of your wealth, only hold fiat for expenses. The rest of your wealth, you invest in whatever suits you.

Another part of the savings should be put on the emergency fund. This will serve as buffer for when we encounter unexpected situations or when we suddenly lose our jobs. This will help provide for us while we are still looking for new earning opportunities, so we wouldn't have to touch our savings and investments right away.

[stadus]

If you left your money in a bank with low interest rates, 10 years from now, the money you left will be buying less of the same thing, lower purchasing power because of inflation. You can't do anything about it because all fiat is designed that way.

So if you care about preserving the value of your wealth, only hold fiat for expenses. The rest of your wealth, you invest in whatever suits you.

Another part of the savings should be put on the emergency fund. This will serve as buffer for when we encounter unexpected situations or when we suddenly lose our jobs. This will help provide for us while we are still looking for new earning opportunities, so we wouldn't have to touch our savings and investments right away.

I guess that is necessary, we have to save for the possible emergencies in the future, we should not let that we will be in desperate need of money due to our failure to save. For me, if you earn, you have to save, and you can do that if you will lessen your expenses and you maximize your income.
While we are young, we have to make an effort to earn as it can also help us to give a capital whenever we start to invest.

[lienfaye]

It is better to invest because your is growing everytime. But when you save it in a bank it grows but only gains small interest within a month.thats why i choose investing than saving.

Well its really good to invest our money to make it grow but it has risk and there's no assurance that you would gain from it. before i invest i prepared myself for the outcome of my investment because its not always a happy ending.

[llanillo]

It is better to invest because your is growing everytime. But when you save it in a bank it grows but only gains small interest within a month.thats why i choose investing than saving.

Well its really good to invest our money to make it grow but it has risk and there's no assurance that you would gain from it. before i invest i prepared myself for the outcome of my investment because its not always a happy ending.

We can find some investments which can give stable but guaranteed returns like putting money in fixed deposits in banks no doubt it won't give you huge returns but you can expect guaranteed returns at the time of maturity so if you don't want to take any risk with your money then this is an best choice.

[1Referee]

It is better to invest because your is growing everytime. But when you save it in a bank it grows but only gains small interest within a month.thats why i choose investing than saving.

Well its really good to invest our money to make it grow but it has risk and there's no assurance that you would gain from it. before i invest i prepared myself for the outcome of my investment because its not always a happy ending.

Fixed deposits are for the average joe type of people that don't want to take any risks. It's pointless to have your money frozen for a period of a year or more in return for a poor 2-3% annual interest rate. If you plan to invest into something, then the best is to choose something you can liquidate easily. If you at some point realize that the investment you made isn't going to be as rewarding as you expected, then you can get your money out whenever you want. Time is money, in that year where your money has been unusable you could have gained far better returns.

[sabbirshm]

Savings won't grow my money so I will definitely invest it to grow money.But I will save 15% of total money.And with 85% I will buy some ETH,DOGE and LTC.I know these altcoin price will rise very soon and I will be able to cut a good profit from these.I also aware of risk in trading but I know without risk its not possible to make profit.

[ausbit]

Savings won't grow my money so I will definitely invest it to grow money.But I will save 15% of total money.And with 85% I will buy some ETH,DOGE and LTC.I know these altcoin price will rise very soon and I will be able to cut a good profit from these.I also aware of risk in trading but I know without risk its not possible to make profit.

You are such a very smart person bro.. I would do the same if I get money, I may choose to save 50% but I would surely invest half of my money into good sources of earning.
I like to invest in ICOs, I am trying to invest some btc in chronobnank ICO which seems a very successful ICO so.

[daringdiscovered]

Savings won't grow my money so I will definitely invest it to grow money.But I will save 15% of total money.And with 85% I will buy some ETH,DOGE and LTC.I know these altcoin price will rise very soon and I will be able to cut a good profit from these.I also aware of risk in trading but I know without risk its not possible to make profit.

I agree, you won't gain anything if you are not going to risk. In taking risks, you must be prepared for the negative outcome of it rather than the positive of it. Because if you are not ready for it you might just end up crying or disappointed in the end. It is a matter of chance and choice. It can be your chance to earn big profit but you choose not to do it because you can't accept the risk of it.

[Bitcotalk]

Savings won't grow my money so I will definitely invest it to grow money.But I will save 15% of total money.And with 85% I will buy some ETH,DOGE and LTC.I know these altcoin price will rise very soon and I will be able to cut a good profit from these.I also aware of risk in trading but I know without risk its not possible to make profit.

I agree, you won't gain anything if you are not going to risk. In taking risks, you must be prepared for the negative outcome of it rather than the positive of it. Because if you are not ready for it you might just end up crying or disappointed in the end. It is a matter of chance and choice. It can be your chance to earn big profit but you choose not to do it because you can't accept the risk of it.

risk is better to take in order to get the success and to progress in your field but not in those things/places about which you do not know and do not have experience in. Try to take the risk in those business about which you know that how it work and what will be the factors which will make you to earn the profit and to deal with the risk.

[The_Dark_Knight]

What it is better depends on your personal situation if you are young, the younger you start to save and invest the better but when you get older you need to cash out your investments and so saving becomes way more important.

That is correct, savings is very important to us regardless of our age, even kids can start to save so they will grow with discipline on how to manage their own money. A person who knows how to save will not be desperate financial situation in the future, in fact, if you have a good savings, you can start a business for a chance of growing your money.

This is important, teaching our kids from a very young age to save and the importance of it will give you the possibility of becoming more responsible with their money and not being like most people that have huge debts even when they are very old.

[Ziskinberg]

What it is better depends on your personal situation if you are young, the younger you start to save and invest the better but when you get older you need to cash out your investments and so saving becomes way more important.

That is correct, savings is very important to us regardless of our age, even kids can start to save so they will grow with discipline on how to manage their own money. A person who knows how to save will not be desperate financial situation in the future, in fact, if you have a good savings, you can start a business for a chance of growing your money.

This is important, teaching our kids from a very young age to save and the importance of it will give you the possibility of becoming more responsible with their money and not being like most people that have huge debts even when they are very old.

It is easy to train kids as they have no distraction in mind and whatever they tell them, they will follow. If you teach kids they will be discipline at the young age and as they grow up, they will be more cautious on managing their money as they value it so much.

Some kids just ask money to their parents and spend it for things they will enjoy without thinking to save, if a parent will tolerate that behavior, they will grow up that way. Also, there a right time to educate our kids, the time must be when they can already comprehend things over.

[DrPepperJC]

According to the rules of the economy money should work, and not just lie in the bank, in your wallet or under the mattress. So the best way to make profitable savings is to invest them. Of course this is precisely the problem. The question is, where to invest sets each, but the answers are many and not always so good in most of their cases, people go to banks for deposits.

[agamasrori]

According to the rules of the economy money should work, and not just lie in the bank, in your wallet or under the mattress. So the best way to make profitable savings is to invest them. Of course this is precisely the problem. The question is, where to invest sets each, but the answers are many and not always so good in most of their cases, people go to banks for deposits.

the velocity of money is very important, even indicative of prosperity of a country is also calculated from this. the velocity of money can make the economy more stable and resistant to the economic crisis. So I think invest in trading or start up business is good.

[JL421]

According to the rules of the economy money should work, and not just lie in the bank, in your wallet or under the mattress. So the best way to make profitable savings is to invest them. Of course this is precisely the problem. The question is, where to invest sets each, but the answers are many and not always so good in most of their cases, people go to banks for deposits.

Well nowadays who actually follows the rules and also I agree that saving money isn't a good option but thw places that a person can invest has kind of risk. As far as I have noticed the worst place to invest currently is real estates. And I think the place to invest where we can actually get good returns is bitcoin , xmr or any other trusted altcoin and maybe the stock market.

[NEWGOODOUBLE]

Savings won't grow my money so I will definitely invest it to grow money.But I will save 15% of total money.And with 85% I will buy some ETH,DOGE and LTC.I know these altcoin price will rise very soon and I will be able to cut a good profit from these.I also aware of risk in trading but I know without risk its not possible to make profit.

it's up to you to formula about saving and investing, but I think it would be better if you prioritize to save. because investment is also at risk. Surely you do not want 85% of your money is lost right?

[just_Alice]

Savings won't grow my money so I will definitely invest it to grow money.But I will save 15% of total money.And with 85% I will buy some ETH,DOGE and LTC.I know these altcoin price will rise very soon and I will be able to cut a good profit from these.I also aware of risk in trading but I know without risk its not possible to make profit.

it's up to you to formula about saving and investing, but I think it would be better if you prioritize to save. because investment is also at risk. Surely you do not want 85% of your money is lost right?

I think he has chosen wisely in which altcoins to invest, but I agree with you that trading is always risky. I wouldn't risk 85% of all my money even if I was almost sure that it's a right investment. But on the other hand, the more you risk the more your profit might be, so that's for him to decide.