Savings Vs Investment?

[Moiyah]

Savings is okay but investment is better. As far as I know, investment nowadays is very popular. If we just know how, when and what to invest we can move forward in our life. People are choosing investments now rather than savings. We can take a risk to invest and it will give us the benefits we are aiming to. Crypto investments for example, if we know what coin we should invest and when is the time to buy, we can gain more profits from it. We can actually take advantage of the volatility of the crypto market.

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[BuxCoin]

investing is good i did a lot in stock market and as brought a good profits also now i have made divided investments in both crypto and stocks

[stadus]

Both are necessary, if you like to have a good life in the future in terms of financial status.
Saving alone would not help you to become successful, unless you are having a job with a very nice salary, but only few have that opportunity and people changes their lifestyle as well based on the amount they are making, but if you will be able to save and invest, that will make you a discipline man and you'll become more futuristic.

[LogitechMouse]

Savings are for those poor and middle class people only. If you want to become rich, let the money work for you.

When I was a kid, many are saying that saving money is good for the future but as I see how the economy works I don't think that saving is good right now. Inflation is slowly increasing and the buying power of our money is slowly increasing.

I think between the 2, investing is way better than saving and can give you more profit in long run.

[RebeccaFrei]

The funds should be doing something - that's for sure. I know that there are a lot of different stupid books and guides from various business trainers with silly pieces of advice on that matter. Despite that let your own money be spent on smth profitable even if not in the crypto.

[partysaurus]

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.

if i look at my investments over 4 years time i would have made alot more money if i did just hodl instead of doing some margin trading here and there , the crypto market is to volotile to make margin bets, u gonna earn alot but lose alot with the swings.

[Apes]

between saving and investing both has their own advantages, depending on how we see it. if saving, you cannot get extra profit from the funds that you save while by investing the funds that you invest have the opportunity to gain multiple profit. the difference is the risk, if saving can be said without risk while investment is full of risks.

[Rufsilf]

Savings is good because it is not risky because just stay in one place but it doesn't grow, meaning what you have saved is equal to what you can get. Investment on the other hand is risky so you have to be smart enough in choosing an investment, make sure you choose the right investment that can give you more profits. In investments your money grows over time without you even adding money to it.

[FanEagle]

I think investment is popular around here, we are mostly people who are using bitcoin as an investment and we are doing it fairly right because even the ones who are losing money is not going away and tries to make it back and considering bitcoin is a bull coin in the long run anyone who has enough interest to bitcoin could potentially always make money.

Yeah, you can get in during the bear run and lose money but if you do not stop there and keep reinvesting at lower stages as it goes down than you are going to average the entry point down and when bitcoin eventually goes up (it always does) you will profit from it. So, investment is cool, we know how to do it, we have the perfect coin for it and we have the perfect system for it, I would say investment wins this one.

[Oilacris]

Savings are for those poor and middle class people only. If you want to become rich, let the money work for you.

When I was a kid, many are saying that saving money is good for the future but as I see how the economy works I don't think that saving is good right now. Inflation is slowly increasing and the buying power of our money is slowly increasing.

I think between the 2, investing is way better than saving and can give you more profit in long run.

I laughed on the thing you said that savings are just for poor and middle class? I don't think so yet even rich ones do need to save up.

It might be quite irrelevant or odd but its the reality.We might see they don't need money or to save but there are actually does do such thing.
Investment always a best choice imho.

[UmerIdrees]

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.

Yes we know how it works! fiat is very vulnerable to inflation, especially if you are in a poor country, saving fiat is not a good idea, the cost of living will be more expensive, the cost of goods will be more expensive while your fiat money will remain same, I prefer investment because it is safer for your value money

I have been true victim of it. Our local currency is devalued day by day and all our savings gets lower by this. The inflation rate is way too high in our country. Since the local fiat depends upon the dollar rate, the more the dollar rate increase the less valuable the fiat currency becomes.

[yvesp110]

investing is good i did a lot in stock market and as brought a good profits also now i have made divided investments in both crypto and stocks

Everyone knows how profitable the stock market could be if you invest in the right kind of stocks. This is where Warren Buffett made his billions from. But I think you can only save good money when you make good money and in order to make good money, you have to invest money in some kind of asset that will make you the millionaire. Investment is the key to money.

[BuxCoin]

saving does not need any knowledge but investing needs a lot if investing is done in order to escape from inflation without knowledge then all our savings can vanish ,

[stadus]

saving does not need any knowledge but investing needs a lot if investing is done in order to escape from inflation without knowledge then all our savings can vanish ,

It's not necessary to invest all your savings, your savings has a lot of allocations, that could be for investing of course, emergencies, leisure, and other future plans, those are just examples but you can add based on your planning.

[dmty.0809]

Saving does look safer than investing, because saving is no risk, while investing is risky but getting greater profits than saving. All depends on choice, if we have more money, we better dare to invest.

[dunfida]

Saving does look safer than investing, because saving is no risk, while investing is risky but getting greater profits than saving. All depends on choice, if we have more money, we better dare to invest.

Saving isn't actually have no risk.Then what you do called about inflation?Its still a risk yet nothing on this world is free of risk.
The difference here is that investing is some sort of way on making even more money by risking out your savings (not all or just a portion)
because each of us do have emergency funds being kept but if you are an open minded person which do things about possibilities then
you would eventually thought on taking up the risk since you know on whats behind if it did succeed.

[Danumsigwasan]

One needs and must do both to lead a successful, safe and secure life. I do savings plus investment because both are important and necessary part. I mostly do Forex/Crypto trading, and it’s sort of thing that can bring great rewards. I feel pretty comfortable with FreshForex, as they are awesome with having low spreads, high leverages and also bonuses which makes trading so very cool.

[Theb]

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.

[Duzter]

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.

[serjent05]

Both of them we're different, with investments you need to take a risk of your funds which you took care of. You might lose it for a certain project or business investments, but the potential profit can be achieved once successful. Unlike with saving, you only see your money accumulating because you're constantly putting it all specially when you have a daily job that earns well. The money isn't moving and earning passive income but not risky.

There is always a way to minimize risk in investment.  A person can diversify wherein, his capital fund can be distributed to different investments.  For example, if a person have a 100% capital fund he can allocate a certain percentage for traditional business, stocks, and cryptocurrency investments.  That way if one does not perform well, there is a possibility that the other 2 are performing better.


And as a whole, we should  do this two things, save to have a fund for investment and whenever we have a successful investment, we must save those profit to have a new venture of investment in the future.  This two things should go hand in hand.   The only problem is that people are not knowledgeable / fearful in venturing in an investment that is why they prefer to not touch their savings to avoid the risk of losing it.