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Author Topic: Is it better to save money or invest it?  (Read 1181168 times)
futuret
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July 30, 2017, 01:00:03 PM
 #10501

Is it better to save money in bank or invest it online, in real estate or maybe gold?
It's really hard to pick to which is the better way. Saving in the bank is a good thing. You can just let your money in the bank then you'll get some interest knowing that the bank used it for some business and they are obligated to give you some share. It's a good way but still the interest wouldn't be that big unless you've kept it for a very long time in the bank. Meanwhile, investing means risking your bitcoin to some people for a long time. It will surely give you a good income but still it's risky. I think saving a half and investing the other half will be a good idea but it's still your decision.
its not hard   to pick that which one is better its depend on budget that which is suit for you but i like your advise that save your half money and the other half should invest.
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July 30, 2017, 01:21:15 PM
 #10502

Is it better to save money in bank or invest it online, in real estate or maybe gold?
It's really hard to pick to which is the better way. Saving in the bank is a good thing. You can just let your money in the bank then you'll get some interest knowing that the bank used it for some business and they are obligated to give you some share. It's a good way but still the interest wouldn't be that big unless you've kept it for a very long time in the bank. Meanwhile, investing means risking your bitcoin to some people for a long time. It will surely give you a good income but still it's risky. I think saving a half and investing the other half will be a good idea but it's still your decision.

Even if you put your money in time deposit for decades, the profit that you will have is not even remotely worth the wait. You could have put your money in an investment instead. I want to correct you about investment. You said that investing would mean that you're risking your money to other people. That's not true at all. When you open up your own business, then you're the one who's in control of the business and the money. I think you're thinking about investment types such as HYIP, and cloud mining which aren't a good way to invest your money at all. It's not "risky", it's a sure scam instead. It's like giving away your money to scammers.

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jakezyrus00
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July 30, 2017, 01:23:15 PM
 #10503

I think it is better to invest your money. Because actually investing your money is also saving your money. Because if the money is invested, you will not spend it that is why it is saved. But you need to take care of your money, think carefully where you will invest it.
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July 30, 2017, 02:24:26 PM
 #10504

I think it is better to invest your money. Because actually investing your money is also saving your money. Because if the money is invested, you will not spend it that is why it is saved. But you need to take care of your money, think carefully where you will invest it.

This is strictly individual decision and maybe better is to make both invest and saving.
Possibly is god to add some into something else but better is play safe.
If better is saving save, if invest then invest.

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aeternus
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July 30, 2017, 06:56:28 PM
 #10505

Is it better to save money in bank or invest it online, in real estate or maybe gold?
Real estate and gold are both good options, but gold is not really an investment is a store of value, about the two other options, putting your money in a bank is bad idea and investing online depends on what you meant by it, if you mean bitcoin then by all means do it since bitcoin is one of the best investment ever.
nominee
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July 30, 2017, 07:09:02 PM
 #10506

Saving money is a pure method to keep some money into your account/wallet. But investments are really risky and there is always a possibility to loss your assets. I prefer savings.
Zenithar
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July 30, 2017, 11:47:58 PM
Last edit: July 31, 2017, 06:48:40 PM by Zenithar
 #10507

Saving money is a pure method to keep some money into your account/wallet. But investments are really risky and there is always a possibility to loss your assets. I prefer savings.
it is depending on you if you want to mak money then  you should go for investment, because investment  is the only way through which we can increase our assts. but if you have a good amount of money and you just want to keep your assests in safe place the gold is the best optin where you can svae your money in a best way. where there are always less chances to lose your money.
Armstand
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July 31, 2017, 01:02:27 AM
 #10508

Saving money is a pure method to keep some money into your account/wallet. But investments are really risky and there is always a possibility to loss your assets. I prefer savings.
it is depending on you if you want to mak emoney then  you should invest it.
If we have lots of btc, half of it can be good for investing . It may be risky but it is worthy ,we can earn a lot in investing. Especially if we choose a great project. Invest in projects that are seems to be successful.
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July 31, 2017, 01:05:24 AM
 #10509

investing is always gonna be the best option, but be careful of investing everything in only one place.
If you have some btc best is to buy altcoins now that are dumped and hold until you make a good profit
genocide
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July 31, 2017, 04:08:46 AM
 #10510

Investment means giving the money to someone who uses it for their business and pays you back a dividend (and you normally get some kind of share that can be sold later). Think stocks.

"Save in bank" is actually a kind of investment. You give money to the bank, they use it for their business and give you a small interest (if at all) as dividend, and you can withdraw your money. With current interest rates, this is pretty boring, the only advantage compared to keeping money in a safe at home is that it's easier to do most types of payment, and that you don't need your own safe...

Buying precious metals is not an investment because those metals won't work with the money you paid for them. It's mostly speculation (you hope that you can sell it for a higher price) and safekeeping (real value of money can fall due to inflation, while precious metals will mostly retain their "real" value). But you need to consider storage fees.

To decide which is better you need to know what you consider "good".
Do you want to maximize your ROI? Do you want to store your wealth safely? Do you want to enable entrepreneurs to build their businesses?

Onkel Paul

Very well explained. If I were to decide, I guess I would do both saving and investing through bitcoin. Buying gold would only give you frozen assets since you won't be able to use it. You can only wait for its value to increase until you can sell it for a higher price. Saving in a bank is good but not that much since they only pay you a little interest within a long period of time. Bitcoin is probably the best way to make your money grow faster and you can save it in trusted wallets to make it secure.
kpcian
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July 31, 2017, 06:37:43 AM
 #10511

I think Investment is the better policy than saving, both have some positive sides. by investing money one can get a stable income for a long time, on the hand, by saving one can get a fixed amount of money after a time period. but investment requires taking risk which also leads huge profit. so I believe in taking a risk for this purpose.
aeternus
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August 01, 2017, 02:20:45 AM
 #10512

Is it better to save money in bank or invest it online, in real estate or maybe gold?
It's really hard to pick to which is the better way. Saving in the bank is a good thing. You can just let your money in the bank then you'll get some interest knowing that the bank used it for some business and they are obligated to give you some share. It's a good way but still the interest wouldn't be that big unless you've kept it for a very long time in the bank. Meanwhile, investing means risking your bitcoin to some people for a long time. It will surely give you a good income but still it's risky. I think saving a half and investing the other half will be a good idea but it's still your decision.
You need to put your money in an investment account in order to receive interest for it, and the problem with that is that your investment is not guaranteed by the government because governments only guarantee saving accounts, so having your money in a bank is a terrible idea to me.
leirou
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August 01, 2017, 02:27:18 AM
 #10513

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

In my own opinion Investing it online like bitcoin my be risky but there will be a bigger profit. It will be a good choice though. Having real state is also good but a bit lower profit from online investment but it depends on what it is. ( Putting it in a bank for savings is only for safety purposes).
Finestream
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August 01, 2017, 02:46:16 AM
 #10514

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

In my own opinion Investing it online like bitcoin my be risky but there will be a bigger profit. It will be a good choice though. Having real state is also good but a bit lower profit from online investment but it depends on what it is. ( Putting it in a bank for savings is only for safety purposes).
That's a normal thing, every time we are expecting for bigger profit we also have the will to take a bigger risk.
Everything we do requires hard work and we will be smart all the time as investing does not give us a steady income but if we are smart enough we will be able to be successful in the end, the timing is necessary in order to get the best you want in investing, you do not need to do it all your life because when you are financially free all you do is just enjoy your money.

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August 01, 2017, 04:39:54 AM
 #10515

My father always want us to be responsible, he always told us to be more particular in our future. He always want us to save money from our allowances in school. I want to follow him but doing bitcon thing find me more interesting. I can save for my future if i invest my money in bitcoin right now. I am just being practical.

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abilarde
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August 01, 2017, 03:31:15 PM
 #10516

Is it better to save money in bank or invest it online, in real estate or maybe gold?
Its better to invest rather the to save,logically if you are going to saved only your money think about this so you think your money grow up?or become multiply?. So if you are going to invest of what do you decire,maybe online business or not. You're money become multiply and grow faster or mabe invest from gold..
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August 01, 2017, 03:52:19 PM
 #10517

for me it is better to invest it in real estate many of the people now getting rich because of the investments on the real estates so that is my explanation about it it can also save in the bank because bank is one of the most trusted container of the money as of today Smiley
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August 01, 2017, 04:16:04 PM
 #10518

Bitcoin is Gold for me. I would firstly prefer to invest more and more in bitcoins. I always spent my extra money in purchasing ASIC miners. Its also a kind of investing. I get some good daily return there. Also i spent some of my money in trading and earning more money for my living.
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August 01, 2017, 04:29:24 PM
 #10519

Is it better to save money in bank or invest it online, in real estate or maybe gold?
I think it’s better to invest your money than to save it in banks. In addition to that, if you invest your money there is a possibility you could earn a high income and investing is one of the option if you want to make income. If you invest your money in bitcoin you money will be multiply and you could earn and make more money.
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August 01, 2017, 04:52:40 PM
 #10520

Its always better to invest money if the sources are trustful and good as savings will bring nothing to you but investment will surely give you results. For the investment you can go for bitcoins as too much volatile and will definitely gives you higher profits.

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