What would you do in this situation? Invest or save?

[fullhdpixel]

Why not invest in real estate ?
From your writing,  it seems your friend already has a precise plan and business at heart so, if he is already tempted to invest thr money .aybe die to the fear of spending the money, then I would advice that he should simply buy a land since land is one investment that I know that it never depreciates but rather always appreciates with time and he could get land in a very promising  environment  and just relax and watch your wealth grow while you sleep or do other things and I've always been an advocate of multitasking and don't depend on your savings and I'm glad you even have savings, just go buy land or better keep saving and go for the business you already Intend.

I don't know if you have any digital skills,  then I will advice that you go acquire a digital skills and also watch more opportunities coming your way as the world is already digitalized.

Real estate investments are profitable for sure but I believe it requires someone to wait for a long time to get significant profit from a bought property because you don't get a lot of profit in a very short period of time. That is the reason why people only invest money in real estate that they know they won't need for the next 5 to 10 years because properties will appreciate for sure but it sometimes takes more time than we might have been expecting from it.

I'm not sure how long is friend is willing to wait before he can start his dream business because if he is planning to do it earlier than 5 years, then I wouldn't recommend investing in real estate because even if it's a safe investment, it wouldn't give him enough profit in a short period of time.

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[kingvirtus09]

Why not invest in real estate ?
From your writing,  it seems your friend already has a precise plan and business at heart so, if he is already tempted to invest thr money .aybe die to the fear of spending the money, then I would advice that he should simply buy a land since land is one investment that I know that it never depreciates but rather always appreciates with time and he could get land in a very promising  environment  and just relax and watch your wealth grow while you sleep or do other things and I've always been an advocate of multitasking and don't depend on your savings and I'm glad you even have savings, just go buy land or better keep saving and go for the business you already Intend.

I don't know if you have any digital skills,  then I will advice that you go acquire a digital skills and also watch more opportunities coming your way as the world is already digitalized.

Real estate investments are profitable for sure but I believe it requires someone to wait for a long time to get significant profit from a bought property because you don't get a lot of profit in a very short period of time. That is the reason why people only invest money in real estate that they know they won't need for the next 5 to 10 years because properties will appreciate for sure but it sometimes takes more time than we might have been expecting from it.

I'm not sure how long is friend is willing to wait before he can start his dream business because if he is planning to do it earlier than 5 years, then I wouldn't recommend investing in real estate because even if it's a safe investment, it wouldn't give him enough profit in a short period of time.

Maybe all of us here actually desire the real estate property. That's why we know it's not cheap; rather, a lot of money will be required before we can have it in real life. That is simple for those who make a lot of money, have busy enterprises that make a lot of money, or are wealthy.

However, it is not so easy to obtain for regular people who simply make the correct wage; it is dependent on their monthly income and the position they hold in their firm. Unless you hold a prominent position in your firm, you can have it immediately away.

[Obari]

Why not invest in real estate ?
From your writing,  it seems your friend already has a precise plan and business at heart so, if he is already tempted to invest thr money .aybe die to the fear of spending the money, then I would advice that he should simply buy a land since land is one investment that I know that it never depreciates but rather always appreciates with time and he could get land in a very promising  environment  and just relax and watch your wealth grow while you sleep or do other things and I've always been an advocate of multitasking and don't depend on your savings and I'm glad you even have savings, just go buy land or better keep saving and go for the business you already Intend.

I don't know if you have any digital skills,  then I will advice that you go acquire a digital skills and also watch more opportunities coming your way as the world is already digitalized.

Real estate investments are profitable for sure but I believe it requires someone to wait for a long time to get significant profit from a bought property because you don't get a lot of profit in a very short period of time. That is the reason why people only invest money in real estate that they know they won't need for the next 5 to 10 years because properties will appreciate for sure but it sometimes takes more time than we might have been expecting from it.

I'm not sure how long is friend is willing to wait before he can start his dream business because if he is planning to do it earlier than 5 years, then I wouldn't recommend investing in real estate because even if it's a safe investment, it wouldn't give him enough profit in a short period of time.

Yeah profit is what matters but owning a landed property and its value solely depends on the location of the property as there are properties you buy in less than a year, I'm pretty sure you'll make incredible profit and there was also a situation where someone bother land of about 6 million in Nigeria naira which is about 6 thousand dollars and in just the one month, the land was already priced at 9 million Nigeria naira which was about 9 thousand dollars and thats a 3 million($3k) profits in just one month and that was unimaginable.
Real estate is very lucrative and how long your long would stay depends on the thr current location.

You should also try to confirm specific details from your friend as to when he intends using thr money and how much money we're looking at to better give more edge on better recommendations

[Renampun]

If you have plans to start a dream business that requires a capital of  $20,000 and you were able to make a savings of $15,000 which obviously isn't enough to start up the business, what would be your decision or advice?

1. Invest the $15,000 into a smaller business hoping that the returns will yield the remaining $15,000 in a short period. Note that this has the potential of failing and wasting the already-saved  $15,000.

2. Keep the $15,000 while doing other work that will yield the remaining money over a long period.

Would love to see your input or a better suggestion apart from the ones I pointed out above.

N/B
This is the typical situation a friend finds himself and we are just brainstorming in what best to do.

I would prefer to invest the remaining $15k in a small business which of course has a good chance of making a profit, even though it is risky, all businesses certainly have risks that can make us lose our initial capital, that is what requires us to deepen our knowledge and insight regarding  the business we are going to start (always remember that a business that is started without prior knowledge is just gambling, you are just betting on luck for the success of the business you are building).

[danadc]

The situation we are in, I think, is very generalized throughout the world. I would think that it could be said that it is very difficult to save, because the cost of living is very high. What I can say is that every time you make purchases of klas more basic things and what can be left over, then you must make an effort and change that fiat to Bitcoin and save it, that is what is best to do, I would do it, sometimes I just do it but it is very difficult because the expenses that are unforeseen are the ones that They leave you with nothing, but you have to try to do it. I could try, but I rarely have any money left over.

[Fatunad]

Why not invest in real estate ?
From your writing,  it seems your friend already has a precise plan and business at heart so, if he is already tempted to invest thr money .aybe die to the fear of spending the money, then I would advice that he should simply buy a land since land is one investment that I know that it never depreciates but rather always appreciates with time and he could get land in a very promising  environment  and just relax and watch your wealth grow while you sleep or do other things and I've always been an advocate of multitasking and don't depend on your savings and I'm glad you even have savings, just go buy land or better keep saving and go for the business you already Intend.

I don't know if you have any digital skills,  then I will advice that you go acquire a digital skills and also watch more opportunities coming your way as the world is already digitalized.

Real estate investments are profitable for sure but I believe it requires someone to wait for a long time to get significant profit from a bought property because you don't get a lot of profit in a very short period of time. That is the reason why people only invest money in real estate that they know they won't need for the next 5 to 10 years because properties will appreciate for sure but it sometimes takes more time than we might have been expecting from it.

I'm not sure how long is friend is willing to wait before he can start his dream business because if he is planning to do it earlier than 5 years, then I wouldn't recommend investing in real estate because even if it's a safe investment, it wouldn't give him enough profit in a short period of time.

Yeah profit is what matters but owning a landed property and its value solely depends on the location of the property as there are properties you buy in less than a year, I'm pretty sure you'll make incredible profit and there was also a situation where someone bother land of about 6 million in Nigeria naira which is about 6 thousand dollars and in just the one month, the land was already priced at 9 million Nigeria naira which was about 9 thousand dollars and thats a 3 million($3k) profits in just one month and that was unimaginable.
Real estate is very lucrative and how long your long would stay depends on the thr current location.

You should also try to confirm specific details from your friend as to when he intends using thr money and how much money we're looking at to better give more edge on better recommendations

If you do really know on how to flip out and make some real estate engagement then it would really be that something that could really make you rich and this is something more better compared into other businesses or investment but we know that it isnt something that comes very cheap and this is why not all would really be touching up this area because of the money involved. If you do have the money then this is the sweet spot to spend up and make out investment. I do say that this investment is less risky compared to others but of course you would really be needing to be that strategic when it comes on purchasing properties.
Real estate might be good but always mind off that not all properties does really have that potential or having that appreciating price on which means that you do still need to be careful
on buying one.

You should really not that make yourself that careless because if you do then you do know on whats next. We are talking big money on here on which we cant really just easily
ignore about the risks or the probabilities on which you could really make yourself that able to suffer some loses or negative. This is why we should really be
that still mindful and be careful about those possibilities.

[GiftedMAN]

The situation we are in, I think, is very generalized throughout the world. I would think that it could be said that it is very difficult to save, because the cost of living is very high. What I can say is that every time you make purchases of klas more basic things and what can be left over, then you must make an effort and change that fiat to Bitcoin and save it, that is what is best to do, I would do it, sometimes I just do it but it is very difficult because the expenses that are unforeseen are the ones that They leave you with nothing, but you have to try to do it. I could try, but I rarely have any money left over.

Investing in other opportunities that is not even our dream business or the kind of investment we plan to put our money is not something we have to stress ourselves about. Even though we don't have the capability to go for the kind of business we plan or have interest in, it will be good for us to put the money in another business or investment that would yield profits for us which we can use part of it to invest in our dream business or investment.

 It is good for us to know how to improvise because, this is the only way we can get to the level we intend to reach. There are so many investments we can put our money and make good profits. We don't need to be living too much to be desire just because we haven't gotten what we want.

[Victorybit1]

It is more adviceable and better to Invest,because when you invest,you get more money but when you save your money doesn't increase..
Like in a situation when you want to start a business but the amount at hand isn't enough to start the business,it is better and it will be great if you invest the money you have at hand and also doing other work that will give you money before you withdraw the money you have invested. So at the end of it all you will have more money than you expected, which will be enough to start up your business and take care of some little needs.

[usekevin]

To start the dream business,you need to raise the capital from your saving money.So the small saving over a period will help the person to save the big money in the longer period.But he should be very passionate to save that money,because the many expenses you will face at the middle of your journey.Mostly like the tough situation for the saving,but you can multiple the saving dollars using the long term investment.The bitcoin will be the better option to hold your saving money for the business.

[hafiztalha]

To start the dream business,you need to raise the capital from your saving money.So the small saving over a period will help the person to save the big money in the longer period.But he should be very passionate to save that money,because the many expenses you will face at the middle of your journey.Mostly like the tough situation for the saving,but you can multiple the saving dollars using the long term investment.The bitcoin will be the better option to hold your saving money for the business.

For investment ,first thing you can do that is save ,save and save . Saving is first  step of investment ,then you should get knowledge of any business in want to invest your money because your  investment plan can change your family life .They are depending on you ,if you lose all your investment ,you will be on road and you will be responsible for whole situation ,So before investment in any thing , do research and do not trust on anything because man sinks when he over confidently trust on  sweet  knife. Many salesman talks persuasively and common people entrapped in their trap.If you want to invest in Bitcoin ,you should invest for long term and forget it and wait to increase price of Bitcoin and sell when it is on peak an buy when Bitcoin price is going down .

[Lanatsa]

To start the dream business,you need to raise the capital from your saving money.So the small saving over a period will help the person to save the big money in the longer period.But he should be very passionate to save that money,because the many expenses you will face at the middle of your journey.Mostly like the tough situation for the saving,but you can multiple the saving dollars using the long term investment.The bitcoin will be the better option to hold your saving money for the business.

For investment ,first thing you can do that is save ,save and save . Saving is first  step of investment ,then you should get knowledge of any business in want to invest your money because your  investment plan can change your family life .They are depending on you ,if you lose all your investment ,you will be on road and you will be responsible for whole situation ,So before investment in any thing , do research and do not trust on anything because man sinks when he over confidently trust on  sweet  knife. Many salesman talks persuasively and common people entrapped in their trap.If you want to invest in Bitcoin ,you should invest for long term and forget it and wait to increase price of Bitcoin and sell when it is on peak an buy when Bitcoin price is going down .

If you do really have the plans on making out some investment then if you arent that in a rush then you would really be needing to save up for you to have such capital but if you are in a rush then
getting up some loan would really be definitely your fastest way for you to be able to get that lacking amount that you are really that wishing for. There are really indeed situations on which you cant really be able to avoid on to rush up specially if you are really  that seeing some potential or opportunities on which you do know that you could really be able to make money. If you could wait up and wanting to play safe
then saving up and trying to accumulate on the amount on a slow manner rather than on rushing up yourself on making investment on which you arent even sure on what it is or simply out of your own interest.

It is more adviceable and better to Invest,because when you invest,you get more money but when you save your money doesn't increase..
Like in a situation when you want to start a business but the amount at hand isn't enough to start the business,it is better and it will be great if you invest the money you have at hand and also doing other work that will give you money before you withdraw the money you have invested. So at the end of it all you will have more money than you expected, which will be enough to start up your business and take care of some little needs.

Invest on what you can afford as always and never ever tend to make yourself believe that risks is really that not present which is not. You should really be that wary
and really be alert on what are the circumstances and possible things that you would really be able to encounter along the way on which its never been that simple or something
that you would really be that thinking that ir would be that resulting into positive. If you are really that going for reaching out that certain amount capital
then it would be just depending on you on which things that you do prefer.

[boty]

Invest on what you can afford as always and never ever tend to make yourself believe that risks is really that not present which is not. You should really be that wary
and really be alert on what are the circumstances and possible things that you would really be able to encounter along the way on which its never been that simple or something
that you would really be that thinking that ir would be that resulting into positive. If you are really that going for reaching out that certain amount capital
then it would be just depending on you on which things that you do prefer.

Before we invest, of course we have to have enough savings to be able to invest and we also have to have good knowledge of the investments we make and we also have to understand the risk of loss that might occur from the investments we make.
You are right, when making investments we have to be careful in doing so so as not to experience losses from the investments we make, because without being careful in making investments we will of course make the wrong choice so that we will likely experience losses from the investments we make.

[Biznesmen]

If you have plans to start a dream business that requires a capital of  $20,000 and you were able to make a savings of $15,000 which obviously isn't enough to start up the business, what would be your decision or advice?

1. Invest the $15,000 into a smaller business hoping that the returns will yield the remaining $15,000 in a short period. Note that this has the potential of failing and wasting the already-saved  $15,000.

2. Keep the $15,000 while doing other work that will yield the remaining money over a long period.

Would love to see your input or a better suggestion apart from the ones I pointed out above.

N/B
This is the typical situation a friend finds himself and we are just brainstorming in what best to do.

I will seek venture capital from investors or use crowd funding to fund my business and get a small business loan too. I think this will make my business dream come true. Or, If I had a dream to do a business that I am capable of and a perfect plan to do it, I would definitely go for it. I will take a business loan from a bank for $20,000. So I am going with option three, neither option one nor option two.In option one, I thought I could use my whole savings in my business, but first of all, it's not enough money, and in business, there are extra other needs involved, so we need that money for emergency use. And the second option is to make me wait, but we don't know what will happen in the future; the situation may not be favorable.

[oktana]

In this situation, I'd recommend option 2: Keep the $15,000 and continue working on other projects or employment opportunities to slowly save up the remaining $5,000 needed for your dream business. It's a more conservative approach and reduces the risk of losing your hard earned savings if the smaller business in option 1 doesn't succeed. Also think of it, if you could save $15,000 (3/4 of what you need), what then is hard in saving the remnant? The business you want to invest the $20,000 is most likely always available, and you can start it when you want (at your own pace)

[philipma1957]

If you have plans to start a dream business that requires a capital of  $20,000 and you were able to make a savings of $15,000 which obviously isn't enough to start up the business, what would be your decision or advice?

1. Invest the $15,000 into a smaller business hoping that the returns will yield the remaining $15,000 in a short period. Note that this has the potential of failing and wasting the already-saved  $15,000.

2. Keep the $15,000 while doing other work that will yield the remaining money over a long period.

Would love to see your input or a better suggestion apart from the ones I pointed out above.

N/B
This is the typical situation a friend finds himself and we are just brainstorming in what best to do.

Pretend you have the 20k right now what does the dream business do for you?

do you earn 2k a month with the new business? or do you earn more?

[Essential10]

If you have plans to start a dream business that requires a capital of  $20,000 and you were able to make a savings of $15,000 which obviously isn't enough to start up the business, what would be your decision or advice?

1. Invest the $15,000 into a smaller business hoping that the returns will yield the remaining $15,000 in a short period. Note that this has the potential of failing and wasting the already-saved  $15,000.

2. Keep the $15,000 while doing other work that will yield the remaining money over a long period.

Would love to see your input or a better suggestion apart from the ones I pointed out above.

N/B
This is the typical situation a friend finds himself and we are just brainstorming in what best to do.

Starting small can be a good way to scale a business, and investing personal money can be important in the early stages of a business. Instantly realizing this idea can be helpful in starting your dream business. You should not use money with high risk without studying and preparing the business. With proper planning, education, and monitoring, you will reap huge benefits after starting a business. Best wishes! Earning money from business results can be a safe and good move to invest, if you plan well and manage properly. But it is important to remember that it is very important not to be hypnotized in any investment. You have to choose your money carefully and in the recommended way so that you can invest safely.

[GigaBit]

Why not invest in real estate ?
From your writing,  it seems your friend already has a precise plan and business at heart so, if he is already tempted to invest thr money .aybe die to the fear of spending the money, then I would advice that he should simply buy a land since land is one investment that I know that it never depreciates but rather always appreciates with time and he could get land in a very promising  environment  and just relax and watch your wealth grow while you sleep or do other things and I've always been an advocate of multitasking and don't depend on your savings and I'm glad you even have savings, just go buy land or better keep saving and go for the business you already Intend.

I don't know if you have any digital skills,  then I will advice that you go acquire a digital skills and also watch more opportunities coming your way as the world is already digitalized.

Real estate investments are profitable for sure but I believe it requires someone to wait for a long time to get significant profit from a bought property because you don't get a lot of profit in a very short period of time. That is the reason why people only invest money in real estate that they know they won't need for the next 5 to 10 years because properties will appreciate for sure but it sometimes takes more time than we might have been expecting from it.

I'm not sure how long is friend is willing to wait before he can start his dream business because if he is planning to do it earlier than 5 years, then I wouldn't recommend investing in real estate because even if it's a safe investment, it wouldn't give him enough profit in a short period of time.

Its true, those who cannot wait for 5 years will definitely find it difficult to manage real estate business even if a man wants, he cannot do this business easily. Because for land an investor has to spend a lot of money which is not possible for everyone. Some are not even in a position to buy land. On the other hand, if one wants to invest in a trading business by taking risks in a short period of time, there can be quick profitability. An investor can get his expected profit within 5 years if the investment is well monitored. Any type of investment is risky. The investor must take a good decision before investing.

[cafter]

If I was in that place I would start a business which have high expectancy if giving  profit.
Like a fast food business it is better than a security camera retail. Because from fast food business I will a le ro earn something daily.while and in security business it is hard to get orders quickly and takes time to get orders.

[Z_MBFM]

If you have plans to start a dream business that requires a capital of  $20,000 and you were able to make a savings of $15,000 which obviously isn't enough to start up the business, what would be your decision or advice?

1. Invest the $15,000 into a smaller business hoping that the returns will yield the remaining $15,000 in a short period. Note that this has the potential of failing and wasting the already-saved  $15,000.

There is both profit and loss in business so in order to do business you have to take risk. But on the other hand you have to make sure that the business you want to do has a high probability of success and you can do it. And in case of investment in any place, you have to keep in mind that even if you lose there, you can back up your financial position through an alternative means. And your total weight shouldn't consist of just one thing.  You should make your investment in several places, it will reduce your risk and loss chances

[Crypto Library]

If you have plans to start a dream business that requires a capital of  $20,000 and you were able to make a savings of $15,000 which obviously isn't enough to start up the business, what would be your decision or advice?

1. Invest the $15,000 into a smaller business hoping that the returns will yield the remaining $15,000 in a short period. Note that this has the potential of failing and wasting the already-saved  $15,000.

In my personal opinion I think that In my personal opinion I think that every successful business has not reached its current position from the very beginning, it must have started with something small and became successful through hard work and persistence.
So my option will be to start a suitable with that related business with the funds that I have. Then I think that gradually with own will and hard work one day the business can be taken to a successful stage or its target. Moreover, I don't want to keep that fund in savings because currently keeping my fund in fiat currency means depleting my fund. Because currently the inflation of fiat currency is increasing day by day. So it will be nothing but only is stupidity if the fund were savings on fiat currency.