Is it better to save money or invest it?

[Kasabus]

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

Investing online will help you to grow your money instantly,directing to bitcoins.Invest in bitcoins and invest on trading sites or any investment program you like and you can grow your money faster than storing in banks

That's true somehow but you need to find a good investment that will reward you with a good profit. Plenty of investment you can find online
but you have to make sure you invested your money in a legitimate ones, learn how to diversify as that is important.

[Cactushrt]

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

Investing online will help you to grow your money instantly,directing to bitcoins.Invest in bitcoins and invest on trading sites or any investment program you like and you can grow your money faster than storing in banks

Be careful on investment program especially those hyip or revenue share it will turns to scam and also there is no assurance in investing on bitcoins there are times you will lose also your money because of wrong prediction

[AK47-]

You should only have in the bank an “emergency fund” equivalent to about 6 months of expenses. Everything else please do yourself a favor and invest it. Remember the first rule of investing… DIVERSIFY, DIVERSIFY, DIVERSIFY… Yes invest in bonds but also other vehicles. Such as Real Estate, Mutual Funds, Stock, Tax Liens.

[Seeker01]

You should only have in the bank an “emergency fund” equivalent to about 6 months of expenses. Everything else please do yourself a favor and invest it. Remember the first rule of investing… DIVERSIFY, DIVERSIFY, DIVERSIFY… Yes invest in bonds but also other vehicles. Such as Real Estate, Mutual Funds, Stock, Tax Liens.

Heard that strategy so many times, and i can say that its true, use bank for emergency purposes. Diversifying risk is a good strategy to minimize risk and also to generate more income from other investment.

[Sanitough]

You should only have in the bank an “emergency fund” equivalent to about 6 months of expenses. Everything else please do yourself a favor and invest it. Remember the first rule of investing… DIVERSIFY, DIVERSIFY, DIVERSIFY… Yes invest in bonds but also other vehicles. Such as Real Estate, Mutual Funds, Stock, Tax Liens.

Me, I only put an amount covered by ta maximum insurance, in our country the max insurance is $10,000 so I will put equivalent to that.
I am not living a lavish lifestyle so I guess that can take care of my expenses too in case I will fail on investing.

[lienfaye]

You should only have in the bank an “emergency fund” equivalent to about 6 months of expenses. Everything else please do yourself a favor and invest it. Remember the first rule of investing… DIVERSIFY, DIVERSIFY, DIVERSIFY… Yes invest in bonds but also other vehicles. Such as Real Estate, Mutual Funds, Stock, Tax Liens.

I agree, if you want to invest your money consider many kinds of investment that you know you can earn profit and dont focus in just one. diversifying is a good strategy and its tested by me. while im earning with my investments thats the time to save money for future uses. indeed saving is good but it would be better if you have many source of income so you can save more.

[Bionicgalaxy]

Well if you were to ask me it would be much better to save the money in a bank than investing it. Specially if I'm not in badly need of money but if I'm i typical type of individual who's thinking is to double my money i would definitely try to invest it.

[erickkyut]

Well if you were to ask me it would be much better to save the money in a bank than investing it. Specially if I'm not in badly need of money but if I'm i typical type of individual who's thinking is to double my money i would definitely try to invest it.

Saving is good but for me, investing is better especially if you will just save in the banks. Savings in the banks will only get very little interest and it is taxable and subject for inflation. At the end of the year, instead of gain, your savings will have a lost due to those things.

[1Referee]

Well if you were to ask me it would be much better to save the money in a bank than investing it. Specially if I'm not in badly need of money but if I'm i typical type of individual who's thinking is to double my money i would definitely try to invest it.

It all depends on the purpose. Saving money in the bank is only good for the purpose of having money aside for when you need it. If you're looking to earn money in a passive way through the interest offered by your bank, then it's peanuts and not worth keeping the money in your bank for. If you calculate everything thoroughly, then saving will result in a negative outcome after tax, decreasing fiat value, etc. Regardless of you being in need of money or not, everyone likes to see his wealth increase, and thus investing your money properly is a must. If I look at myself, I have always been putting my money to work. Before Bitcoin it was mostly stocks that I was interested in (specifically stocks that got dumped down badly). I was happy to see my wealth increase with around 20-50% per year, depending on the frequency of the trades and the level of profits.

[TheUltraElite]

Saving should be primary and investment should be secondary as you cannot invest your money unless you have saved them and even if you invest you should always be ready with saving as an back up which can help you in rainy days if your investment goes wrong in future.

Both things should be prioritize and those two are very important if you are talking about finances. Investment for the profit and after getting the profit you need to save it. And it's the main purpose of saving, whenever you will have hard times financially you can easily got something to get off on your savings account / bank.

That is true dont depend on single income as long as we can earn for these both activities we can make it if we really afraid to lose then you're not ready to win what ever it takes it really for now to earn and you can't get that money that we are earning today from the ground lets prioritze our earnings and balance them.

Both saving and investing money is important. But earning money by hard work should come even before that. We must save at least 10% of our daily earnings. Keep that as a reserve for future and draw from it slowly during daily needs if required. Use the rest of income for daily necessities and think of investing it in different modes of earnings. Once you consolidate some earnings, think how you are going to part with it, save it or reinvest it.

that would be the best strategy to have something to save for future needs and use for your daily needs. Though the saving process will take time before you start to see
any profits from it, a lot of patience will be needed.

That would a wrong way of thinking that many people in this forum are also having. Saving money should not be thought of to be a method to earn money from the interest. Interest is very low in savings accounts and it hardly adds up to anything much. So saving should be firstly done as a reserve source of money on which you can rely on in future if you feel the need to do so.

[pinkpanther03]

In my point of view it is better to assign some part of money for investing and some part for saving in a good place.

They  are both good actually, saving money was the safest things to do it will surely can give you a big profit at the right time, However you can also make some investing if you want to roll up your capital in just a matter of short period of time.

[Neo_matrix]

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

Investing online will help you to grow your money instantly,directing to bitcoins.Invest in bitcoins and invest on trading sites or any investment program you like and you can grow your money faster than storing in banks

Be careful on investment program especially those hyip or revenue share it will turns to scam and also there is no assurance in investing on bitcoins there are times you will lose also your money because of wrong prediction

Totally agree with you. You can lose a lot of money in HAYP. It's a game. And it is very important to get out of it in time. In general, money can not be stored. They need to spend on purchases. After all, money is not a goal

[ethereumhunter]

Well if you were to ask me it would be much better to save the money in a bank than investing it. Specially if I'm not in badly need of money but if I'm i typical type of individual who's thinking is to double my money i would definitely try to invest it.

it will be the best option for people that will only save their money without thinking that their money can grow for long term. but if we want, we can grow our money with investing programs so we can have double income which is from our bank account and from our investment. save money and invest money is really help us to make our money works for us but both can not work for short term so we need to decide what is the best thing that will work for us.

[Jonny_DD]

Well if you were to ask me it would be much better to save the money in a bank than investing it. Specially if I'm not in badly need of money but if I'm i typical type of individual who's thinking is to double my money i would definitely try to invest it.

it will be the best option for people that will only save their money without thinking that their money can grow for long term. but if we want, we can grow our money with investing programs so we can have double income which is from our bank account and from our investment. save money and invest money is really help us to make our money works for us but both can not work for short term so we need to decide what is the best thing that will work for us.

You are right, but sometimes it is very difficult to choose the right investment project. Now there are a lot of scammers. And often their projects seem attractive, but then we realize that they were scammers.

[batang_bitcoin]

In my point of view it is better to assign some part of money for investing and some part for saving in a good place.

They  are both good actually, saving money was the safest things to do it will surely can give you a big profit at the right time, However you can also make some investing if you want to roll up your capital in just a matter of short period of time.

This is good for your own security. And we are in bitcoin the more you are going to save the better. Also you are considered investing if you are just saving. But in fiat money both things will be a need, because if you will just save money without other source of income or trying to invest it. Your money will be used only by the bank.

[Baggong]

I think a better investment than to save, the current bank interest of not more than 12% a year or 1% per month, if we use to invest of course we could generate more than 5% per month.

[darthmaul]

Banks are devils in the world of trade. Banks are secure mentally but not physically. Besides that banks will to give you much returns for saving your money at their facility. They will hardly pay you 7-10% of interest that too yearly! Which is not worth for your hard earned money. They use your money for leasing loans, on top of that they apply lots of surcharges for you to use their services.

On the other hand, bitcoin works just opposite of what I depicted above. Bitcoin world is heaven to us, bitcoin don't want anything from us. It gives you 10% + profit every alternate day if you save it on your wallet. This is simply due to its decentralised work which makes it more comfortable for us to use it. Bitcoin fees are really really tiny for heavy transactions. So if you have all positive things about bitcoin then of course my first choice is bitcoin only.

[mirakal]

Banks are devils in the world of trade. Banks are secure mentally but not physically. Besides that banks will to give you much returns for saving your money at their facility. They will hardly pay you 7-10% of interest that too yearly! Which is not worth for your hard earned money. They use your money for leasing loans, on top of that they apply lots of surcharges for you to use their services.

On the other hand, bitcoin works just opposite of what I depicted above. Bitcoin world is heaven to us, bitcoin don't want anything from us. It gives you 10% + profit every alternate day if you save it on your wallet. This is simply due to its decentralised work which makes it more comfortable for us to use it. Bitcoin fees are really really tiny for heavy transactions. So if you have all positive things about bitcoin then of course my first choice is bitcoin only.

You don't put your money in bank to invest, you put your money to save because they offer great security and your money is secured. There are a lot of ways to grow your money but businessmen who are earing deposit their money to the bank at the end of the day, that means they trust the bank to safe keep their money and not to grow their money.

[abayan]

I think a better investment than to save, the current bank interest of not more than 12% a year or 1% per month, if we use to invest of course we could generate more than 5% per month.

Thats too low .It is much better to invest it than invest it on a bank .the only difference is banking have a legal laws and it is safe .
Saving on bitcoins will allow you to make profits in fluctuations of price in the market but the secure of your account will depends on you how you kept it and in the web wallets itself.

[Kasabus]

I think a better investment than to save, the current bank interest of not more than 12% a year or 1% per month, if we use to invest of course we could generate more than 5% per month.

Thats too low .It is much better to invest it than invest it on a bank .the only difference is banking have a legal laws and it is safe .
Saving on bitcoins will allow you to make profits in fluctuations of price in the market but the secure of your account will depends on you how you kept it and in the web wallets itself.

1% a month is too high already, I have never seen any bank offers that much on a month basis, some banks offers less than 1% in lending
money so how it's possible to give depositors that rate. Can anyone tell me what bank it is exactly.?