Is it better to save money or invest it?

[absy]

There is always risk including when you leave money in your bank. Tell the guys on Cyprus if there was no risk on leaving your stuff in the bank. Also, interest rates pay nothing. Unless you are already rich and inherited, I don't see how leaving all of your stuff on the bank is going to benefit you more than it does benefit the bank.

Yes but don't you think when compared it is the safest way? Risk is obviously there in everything but the risk is at minimum if we put our money in bank .

It is best to have both. Savings doesn't grow while investment cannot be withdrawn immediately or it may loose. Therefore, it is best to have both in hand. We must have savings in order to have fund for our immediate needs and we should have investment to grow our money further.

This is what I do, take out 50% of earnings and leave 50% as it is ( Bitcoin only).

[1715130468]

1715130468

[Abiky]

It is best to have both. Savings doesn't grow while investment cannot be withdrawn immediately or it may loose. Therefore, it is best to have both in hand. We must have savings in order to have fund for our immediate needs and we should have investment to grow our money further.

I think that both investing and saving have their unique use cases or purposes. If you want to grow your money with greater rates, then you would choose to invest it. On the other hand, if you need some money for emergencies then you'll need to save it. As such, you can't live depending only on investing your money as it is usually held by a third party or institution and cannot be withdrawn that easily. In addition, with investments you could quickly lose all your money if prices of a stock, for example, decline massively.

Therefore, to reduce risks and have peace of mind, it is highly recommended to do both saving and investing your money for the long term. The greatest opportunity that you'll find for such purpose would be cryptocurrencies. The reason for this, is because they provide higher rewards than those by banks, and other institutions. Their extremely volatile nature is often good to make a lot of profit and earn a living.

Nevertheless, the most important thing here is to spend your money wisely or else, you'll become bankrupt. Just my opinion

[PauloLuks]

Your net worth is more important than how much money you make. Having a high salary does not automatically make you rich; having a low salary does not automatically make you poor. All that matters is how much you save out of your salary. In my opinion, saving is more important than investing. The best investment decision you can make is to set a savings rate because it will gives you margin of safety in life.

[almaerk08]

Your net worth is more important than how much money you make. Having a high salary does not automatically make you rich; having a low salary does not automatically make you poor. All that matters is how much you save out of your salary. In my opinion, saving is more important than investing. The best investment decision you can make is to set a savings rate because it will gives you margin of safety in life.

I think the best way is to invest your money to business that are well established. Although there are some risks, but it is part of investment. We just have to be careful before we decide which business we want to invest to.

[oacorewsoni]

I would choose to save my some money in banks in the form of fixed deposits and invest a part of it in bitcoins, if bitcoin does good in future then it would be a perfect outcome for me.

[Baggong]

If our goal is to double the money, then investment is the right answer, but if we only aim to show off then we can saving, but for me prefer to invest because I want to succeed and rich in the future.

[kiniksarah]

now I prefer to save in the bank, I have not dared to invest in ICO or pre sale because many ICO after going to market the value much cheaper, so better buy in exchange than join ICO

[Allura74]

I personally use a half-half, i invested too and save money too. i invested in bitcoin, although invest in bitcoin is risk, but hey i'm bitcoin fans Grin and want to invest in commodities too.

Well, sound like a defensive move. Yes that is good, saving and investing will reduce the risk of your asset because we know the fact that investment in crypto currency always involve a little risk if it is incorrectly handled. But if we are willing to gamble all our asset in crypto then it should be properly monitored as i do believe that there is a big opportunity that we get in this kind of profit earning, as they say that the more we plant then the more we have to harvest.

[Aryancesarr]

Is it better to save money in bank or invest it online?

Most of the people now prefer to have both of that, its good to have investment for the future and savings is for back up of our savings and for emergency cases we can withdraw easily if we have savings.

[UzumakiSakuragi]

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

If you are satisfied with the way you live and content  banking is good idea low risk and less complicated . While on the  other hand investing need time and effort but the reward is satisfactory when you  do it right.

[NiceLuvsm]

If you are rich, you should save 1/2 money (save in bank, gold, diamond ..... ), 1/2 you should invest (bitcoin, food, services...) and in your mine it will be lost.

[Wong Gendheng]

If you are rich, you should save 1/2 money (save in bank, gold, diamond ..... ), 1/2 you should invest (bitcoin, food, services...) and in your mine it will be lost.

Yes true, keeping to keep getting rich is a tough thing, when most rich people they forget to invest, they spend money on useless things like tours, buying luxury cars and so on, putting money into investment is the best thing to guarantee the future .

[jonahhex]

Yes, investing can bring you a profit, but the main question is "when?".
You need to save some money in case of unforeseen circumstances which you can't control.

[icopir]

Savings or investment are good in their own way and they fit in certain periods of time for certain situations, but the best I consider investment is as this method increases our capital

[v3liana]

Both are good choices investing is good but i dont think investing on real estate could bring you a profit cause i think real estate aint cheap and it takes a lot time to flourish to be profit. So it might takes 10 years or more to gain profit if you invest in Real estate. Saving is good in case you need money you can use it immediately and you gain an interest from bank but once again i dont think its good way to seek more money. I do think the best investation that bring you money is into market stock or cryptocurrency.

[urang]

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

as for me if i have a lot of money i would rather choose to invest my money in bitcoin because i know that even the price now of bitcoin is getting low,i can wait for the right time.because i know that if the price of bitcoin will be getting higher my money will be double.

[lioking]

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

in my opinion.better is save 50% money in the bank and 50% money invest in online.because invest money in online is big risk we never know what will happend in next.and after investing full money in online if anything happen wrong that means your are in  big pressure  and can not control yourself.
but if u would like to create much money take risk and invest all in online.may be you will success or maybe lose money.depend on your wish.

[jesh2206]

If you’re in major debt, investing should definitely not be your priority. First, you want to get rid of that debt, whether it’s for medical bills, credit cards, education, etc. The Securities and Exchange Commission recommends paying off all debts before both saving and investing. But if your only debt is, for example, a student loan or car payment that you have under control, saving might still be a good idea.

[zeref22]

The primary advantage of savings accounts over investments is access. That’s the trade-off when it comes to returns. There may be certain penalties associated with withdrawing money from an investment account, but money in a savings account is essentially there for you whenever you need it.

[Jeshe2217]

Save for short-term goals, and invest for long-term goals. You’ll want to save for a new car or an upcoming down payment on a house, for example, but your retirement or a child’s education 10 to 15 years down the road might warrant investing.