Savings Vs Investment?

[harizen]

The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They don’t have enough guidance that will help them to invest better.

As much as possible, we must secure future funds by doing both savings and investments. Not just pure investments.

Inflation will not happen overnight so you are overthinking too much about that possibility. Still, it's necessary to have savings while dealing and managing with our own investments along the way. We must have a purpose of regular and continuous accumulation whether fiat, crypto or any other assets as part of diversifying our own funds. We also need to secure backup funds if ever our certain investment went wrong.

Being struck by FOMO is a usual thing. Let others experienced it but be sure to learn from it. There's no such thing as success without problems along the way. Those who have experienced several difficulties along the way are the one who made it a success at the end.

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[Serco]

Most posts I have seen in this thread are rather one dimensional rather than thinking of the situation as a whole. To begin with investing is something that can't be done without you saving anything some folks call it the 50/30/20 (others have their own way of dividing their own earnings) rule where 50% goes to your necessities and the 30 percent goes to your wants the rest of it goes to your financial goals. You cannot really put all your money in to investing because that wouldn't be even called investing in the first place as you are just risking your entire future for it.

Well said, savings is the base for investing. There needs to be separate channel for savings and for investment. Savings will have a value that won't get changed over the days. With investment we get to experience an increase in the value with time, the same can be in the uptrend as well in the downturn. So, it is not possible to rely on investment all the time, but savings is a life saver, investment is to make the life more sophisticated.

with savings we can deal with the needs of life more easily. different from investment, which should use free money. I agree with your opinion, where there must be posts for each to make life easier

if we find saving and also as investment it will be very good for us.no need to spend more money for our investment.take a look and insurance that give us return after several years.this is an example for smart saving.we have to put some our money here.

[sana54210]

What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?

Even if the money is put in the bank, the forces of economics like inflation affects the economy and in turn , the money kept won't worth its original value because it can only purchase lesser. But if such money was put into investment as liquidity, it keeps interacting with the economy positively and its value keeps raising.

Sure, investment is better for me. Is worth it to take the risk.

How is it possible that you put all your money into investment without having savings at all? there are situation whereby you will have cases of emergency and the only thing that would save you is saving, not investment, otherwise, you will end up begging people or borrowing loan which could cost you your investment, because it may stand as collateral.

One thing about those two is that you cannot leave one, and practice one, you have to practice both, and the only required thing is that you just learn to balance the equation. I agree with you that you don’t know what could happen in the future that will render your savings useless, which is your base for investment, but you can just work it out in 30:70 ratio, 30 for savings and could use the remaining 70 for a very reasonable investment.

[farwellbit]

The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They don’t have enough guidance that will help them to invest better.

Savings is not bad, inflation do happen, but that doesn't mean you shouldn't do savings. And by the way what is even hard in doing the both of them? One thing I know for sure is that you can be having savings in your bank or any savings company and still be an investor and these things don't even need much of your attention, you can just invest and that's it, relax and wait for your returns, you're not the one doing the business, you're just a saver and investor. So I will advise you to be doing the both of them. There are even some savings company that gives you up to 15% annual return, if you save with them… banks gives 4%. That's how it is in my country. I prefer to use those companies for savings, that way I get up to 13%-15%.

[FrozenBit]

The salon has never been a wise decision in developing your property. because inflation is increasing every year and our job is to increase our revenue more than inflation many times.
We should really invest, but for financial markets that need a lot of knowledge, we should consider. Not everyone can understand and earn a lot of money in crypto and stock markets.
To be safer, we should invest in real estate. because the demand for real estate sales is increasing every day.

[Cherylstar86]

  I  believe that both saving and investment has an individual advantage and it all matter on how to manage it. Investing is sufficient for those who want to earn accumulate profits and willing to take tge risk. But we have to be wise and secure our money by saving appropriably.

[danherbias07]

True.

With the right choices into where you will land your money it could be profitable.
Saving is just for the banks and government to keep your money in idle. Better put it into something where someday it will have fruits.

I dont think a larger percentage of people in the world have that same kind of thinking. Just living is enough with a little money on the bank.

[Coyster]

Saving is actually very good I must say, it aids one to curtail spending and keep up funds for future purposes,which is undoubtedly good.
But investment is totally better in one way or the other as its affords one the opportunity to increase his or her funds/wealth,when you save the money remains dormant, you retrieve that which you've actually saved, but when you invest there is a potential to gain more, to increase your wealth per se.

The only bad thing about investments is risk, it's a profit and loss kinda thing, and as if presents possible profit, it also presents losses, one can lose all in investments.
But as the saying goes:"life is all about taking risks".

[FlyingDrozd]

The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They don’t have enough guidance that will help them to invest better.

I think there should be both. Savings and investments. Sometimes you need money urgently and if everything you have is in investments, you can easily lose a good opportunity because of this withdrawal.

[jrrsparkles]

True.

With the right choices into where you will land your money it could be profitable.
Saving is just for the banks and government to keep your money in idle. Better put it into something where someday it will have fruits.

I dont think a larger percentage of people in the world have that same kind of thinking. Just living is enough with a little money on the bank.

Because the one who is controlling us will never want us that to know so people even getting huge salary are nkt having anything huge in guture because of inflation and saving them in banks.

Investor can be the more profitable than anyone in this world.

[Tungsten-1]

True.

With the right choices into where you will land your money it could be profitable.
Saving is just for the banks and government to keep your money in idle. Better put it into something where someday it will have fruits.

I dont think a larger percentage of people in the world have that same kind of thinking. Just living is enough with a little money on the bank.

Yes but it is again not very easy to make the best investment decision. There are people who have to contact and consultancy agencies who change them money and guide them about which asset or coins to invest in. The best thing is when you understand the market, you would be able to figure out how to go about your investment and of course the investment makes you more money than what you could make by saving the money in a bank.

[Hippocrypto]

True.

With the right choices into where you will land your money it could be profitable.
Saving is just for the banks and government to keep your money in idle. Better put it into something where someday it will have fruits.

I dont think a larger percentage of people in the world have that same kind of thinking. Just living is enough with a little money on the bank.

Yes but it is again not very easy to make the best investment decision. There are people who have to contact and consultancy agencies who change them money and guide them about which asset or coins to invest in. The best thing is when you understand the market, you would be able to figure out how to go about your investment and of course the investment makes you more money than what you could make by saving the money in a bank.

Investments that makes good money can generate sustainable profit so you could save it in your bank. That's a strong confidence when we see our asset generated huge profit, but if not you won't able to save money in order to grow your savings. Taking decisions on investing is quite difficult, that's why it's better to have stagnant money in your savings rather than risking on uncertain money making that has no favorable assurance.

[akram143]

The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They don’t have enough guidance that will help them to invest better.

savings are always useful in the future generation but investment make you future life for you but the investment is more riskier than the savings that's why whatsapp people don't try to invest in unknown investment but savings is always give the security for your future

[Maslate]

The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They don’t have enough guidance that will help them to invest better.

savings are always useful in the future generation but investment make you future life for you but the investment is more riskier than the savings that's why whatsapp people don't try to invest in unknown investment but savings is always give the security for your future

It actually savings is really good and it is important but if we want to see more gain than just of saving, will investment have to play. But if we are afraid of risk, then savings will only be suited for us. Will investment isn't a place for you to engaged for.

[Viscore]

The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They don’t have enough guidance that will help them to invest better.

savings are always useful in the future generation but investment make you future life for you but the investment is more riskier than the savings that's why whatsapp people don't try to invest in unknown investment but savings is always give the security for your future

It actually savings is really good and it is important but if we want to see more gain than just of saving, will investment have to play. But if we are afraid of risk, then savings will only be suited for us. Will investment isn't a place for you to engaged for.

For me, savings can be more profitable if we will use it for investments first but since this might be a risky decision, then we'll invest only on the amount we can afford to lose. But i think it would not give us pressures if we have our own funds for savings and separate for investments too. In this way, we will never afraid to take risks.

[iMark]

The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They don’t have enough guidance that will help them to invest better.

savings are always useful in the future generation but investment make you future life for you but the investment is more riskier than the savings that's why whatsapp people don't try to invest in unknown investment but savings is always give the security for your future

saving is good for collecting your wealth, but never forget inflation, of course you don't want to save money too long but precisely the value of your wealth continues to erode due to inflation, thats why other options to save are very important, namely with investment

[Coin-1]

I personally consider savings as conservative investments that are equal to inflation in the country of residence. Usually people deposit their fiat currencies in banks, but these banks pay low interest rates. On the other hand, if the government pursues the right financial policy, even long-term deposits are not risky. On the contrary, direct investments offer a higher interest, and those who buy shares of companies, mutual funds or crypto currencies can multiply their wealth, but such assets are more risky. That's why I prefer investments.

[ufaiz50]

The traditional norms made us believe that savings are a safe option to store your wealth.
But is it true now?
With inflation, we all know that the prices of the wealth we have kept in our savings account will decrease. What is the use of saving when ultimately we are not even able to enjoy what we have been saving for years?
The smarter option?
Investment! Investment is not gambling if done rightly. Very often we see people not putting too much effort into learning and jumping into FOMO. They don’t have enough guidance that will help them to invest better.

With current public awareness they would prefer to buy gold as savings because it reduces losses from inflation, I think those who save in the savings book or account are to save money in a short period of time before being used again. according to my assumption if you have a lot of money then saving is the chosen path, but if you have some more money then invest selected, considering that investment can generate profits for us so we dare to take the risks that exist in an investment.

[dmty.0809]

Some people feel that saving at a bank is safer than investment, because the risk level is less. But I myself prefer investment, because investments for us get profits, develop assets, and can be used as future savings. If you want to invest better identify first the impact of good or bad for you.

[Free1bitco.in]

Some people feel that saving at a bank is safer than investment, because the risk level is less. But I myself prefer investment, because investments for us get profits, develop assets, and can be used as future savings. If you want to invest better identify first the impact of good or bad for you.

well, I think this is an economic problem for everyone. people who have more money, of course, will choose investment without hesitation. however, if they do not have more money and do not want to take risks, saving is a good choice. at this time, I made several investments in several places, but I also still had some assets that I saved.