Why we should prioritize investment over saving

[MissNonFall9]

Some savings are necessary in life as these savings will be some recourse in your old age. But of course, investment should be given priority over savings. According to me, investment should be prioritized for four reasons.

For the older ones, savings are a must because they can't take any longer risk unless they've got a huge savings that they can attain to lose money by taking risks with investments. It's best for the younger ones to invest at an early stage because they can attain to make mistakes and they can recover eventually, that's why the old ones are good to have with what's left on them if they ever have saved and invested at their young age. And as they grow old, it's best to them to just enjoy the profits they've made to enjoy life.

Yes of course the elderly cannot or should not take risks in their old age considering the financial risks the propensity to make mistakes and the loss of support. Because human productivity is not always the same in every stage of life. But before getting old we all should be interested in investing keeping in mind all the limitations of old age considering the time and opportunity in the right place and saving some money so that in old age we can enjoy the investment dividends.

[boty]

For the older ones, savings are a must because they can't take any longer risk unless they've got a huge savings that they can attain to lose money by taking risks with investments. It's best for the younger ones to invest at an early stage because they can attain to make mistakes and they can recover eventually, that's why the old ones are good to have with what's left on them if they ever have saved and invested at their young age. And as they grow old, it's best to them to just enjoy the profits they've made to enjoy life.

Yes of course the elderly cannot or should not take risks in their old age considering the financial risks the propensity to make mistakes and the loss of support. Because human productivity is not always the same in every stage of life. But before getting old we all should be interested in investing keeping in mind all the limitations of old age considering the time and opportunity in the right place and saving some money so that in old age we can enjoy the investment dividends.

And because human productivity is not always the same, therefore we must be able to think about investing in our future. After we have invested in the future, of course we will be calmer in living our lives and we will be able to enjoy our old age by relaxing with people who we love, because if we don't think about investment when we are still at a productive age, of course we will continue to work to be able to fulfill the needs we need while we are still alive.

[TEBTC]

It is perfectly said and I totally agree with the writer of this article that investment is key if we are to have financial stability because with the rate of inflation on the prices of goods and services money is fast becoming valueless so while you are quitely saving that your money it value on the prices of goods is reducing but if you invest it into one small business no matter how small the business is there will always be return on investment.
In that way  your money is growing rather than reducing

[poodle63]

And because human productivity is not always the same, therefore we must be able to think about investing in our future. After we have invested in the future, of course we will be calmer in living our lives and we will be able to enjoy our old age by relaxing with people who we love, because if we don't think about investment when we are still at a productive age, of course we will continue to work to be able to fulfill the needs we need while we are still alive.

always remember though not to indulge in over risking the investment because i've seen plenty old people that lost their entire life saving due to risky investments, only invest in something that can be guaranteed that it won't make you lose the money because otherwise what's the point you will come out not having any money while being entirely wasting your life when you are still in prime saving for the old age.
life is never that linear, sometime there's some disaster or something that might drain us of our wallet despite us saving as much as we can for better future.

It is perfectly said and I totally agree with the writer of this article that investment is key if we are to have financial stability because with the rate of inflation on the prices of goods and services money is fast becoming valueless so while you are quitely saving that your money it value on the prices of goods is reducing but if you invest it into one small business no matter how small the business is there will always be return on investment.
In that way  your money is growing rather than reducing

good news so many of younger generation these days investing earlier than the previous generation hoping to turn around that table fighting against the housing price and inflation crisis that always getting worse and worse, hopefully though many of us who eager to invest for betterment of future get the deserved yields.

[BD Technical]

According to English or whatever you save, your profit will remain or your capital will remain, so if you invest, you will have to take risk. You have to increase your attitude about investment.  But if you save it or deposit it in a bank, your profit will gradually increase or some profit will come from there.  If you invest that money or you put it on a project, if your project is profitable or palm, you will have profit and possibility, but if there is risk.  It will be possible because if you don't take the risk of the project then your profit will not come in that case.  Everyone has to take risks in business no one can ever achieve success without risk where you have your success over your success.  But whatever you invest depending on yourself or depending on someone is your personal matter but I think that investment is good.

[$anounimus$]

It is perfectly said and I totally agree with the writer of this article that investment is key if we are to have financial stability because with the rate of inflation on the prices of goods and services money is fast becoming valueless so while you are quitely saving that your money it value on the prices of goods is reducing but if you invest it into one small business no matter how small the business is there will always be return on investment.
In that way  your money is growing rather than reducing

Investment is true to pursue profits but what about the risks faced? Meanwhile, if saving may always be discussed about things that are detrimental even though compared to the risk is very low. So I agree to invest, but of course I don't want to hurry up with an unseen-directed investment purpose, so if I have more money then I will save first. The point is that financial management is very important and of course does not have to mean the same as the others.

[Yaqs15]

Saving our hard earned money have never been a bad idea, but their are certain things we need to consider before thinking of saving, such as inflation.
Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it, so that  inflation wouldn't eat it up.

Of course, investment is very much better than saving, especially during this crucial era of inflation. Saving in this time is very risky due to world wide inflation. When you engage in savings, you don't expect increments or profits from your savings but in time of investment there is a very much possibility of gaining at the end. The only factor to consider is, one should be careful on the kind of business to invest in. Also to be able to at least master the business and how and when it inflate and deflate.
And also, the money you want to use to invest shouldn't be the one that would be used very soon.

Some savings are necessary in life as these savings will be some recourse in your old age. But of course, investment should be given priority over savings. According to me, investment should be prioritized for four reasons.

Yes, investment should be given priority over savings, you can also save in case of unforeseen circumstances that might come up suddenly. but in time of profits, investment is number one.  in investment, you should be cautious of the damages and risks involved in the business you are trying to invest in.

[OrangeII]

Investment is true to pursue profits but what about the risks faced? Meanwhile, if saving may always be discussed about things that are detrimental even though compared to the risk is very low. So I agree to invest, but of course I don't want to hurry up with an unseen-directed investment purpose, so if I have more money then I will save first. The point is that financial management is very important and of course does not have to mean the same as the others.

The reality is that prioritizing saving or investing is not wrong. it's just a choice for each person, because everyone has different plans. It's just me, the thing that needs to be done is to keep doing both.
It's not wrong for people to prioritize saving. That may be because he feels that the investments he has made are sufficient, or perhaps a percentage of the income he earns goes towards saving rather than investing. But on the other hand, focusing on investing is also not wrong.
Personally, I tend to focus more on investing than saving because I am focused on creating financial freedom. Where the income I get from investments and business can be more than the expenses I make. This will certainly increase the amount of savings I have when my investment is successful. However, I still save, although not as much as I invest.

[Hamza2424]

<snip>

Although Savings is the best to play but the thing is that many of countries are suffering from inflation which in result our hardly saved amount also losing its value over the passage of time that is why we should also focus on making some investments. If luck goes in our favor we will see a good amount of profit in our accounts but if luck does not go in our favor we can lose our invested amount as well we should never ever invest our all the saved amount only at once because I already said if luck will not go in our favor we will lose all the saved amount we have.

The best solution is that we should invest some part of our saved amount and if we lose it we still have another part of our saved amount. The risk of losing all the funds at once will be reduced well the best thing to play before these kinds of actions one should keep in mind that risk management is the most important part to play safely.

[batang_bitcoin]

For the older ones, savings are a must because they can't take any longer risk unless they've got a huge savings that they can attain to lose money by taking risks with investments. It's best for the younger ones to invest at an early stage because they can attain to make mistakes and they can recover eventually, that's why the old ones are good to have with what's left on them if they ever have saved and invested at their young age. And as they grow old, it's best to them to just enjoy the profits they've made to enjoy life.

Yes of course the elderly cannot or should not take risks in their old age considering the financial risks the propensity to make mistakes and the loss of support. Because human productivity is not always the same in every stage of life. But before getting old we all should be interested in investing keeping in mind all the limitations of old age considering the time and opportunity in the right place and saving some money so that in old age we can enjoy the investment dividends.

Yes, they're already on their stage of life that they are going to be dependent to their life savings, benefits, pensions and if they've got businesses and other passive incomes. That's why they can no longer take risk and if they've done when they're younger, that's good. But if they're only going to be dependent on some things, the benefits that they can get from government is also a good one that they can have on. However, relying to those is hard when cost of everything and living nowadays are keep on increasing.

[MissNonFall9]

For the older ones, savings are a must because they can't take any longer risk unless they've got a huge savings that they can attain to lose money by taking risks with investments. It's best for the younger ones to invest at an early stage because they can attain to make mistakes and they can recover eventually, that's why the old ones are good to have with what's left on them if they ever have saved and invested at their young age. And as they grow old, it's best to them to just enjoy the profits they've made to enjoy life.

Yes of course the elderly cannot or should not take risks in their old age considering the financial risks the propensity to make mistakes and the loss of support. Because human productivity is not always the same in every stage of life. But before getting old we all should be interested in investing keeping in mind all the limitations of old age considering the time and opportunity in the right place and saving some money so that in old age we can enjoy the investment dividends.

And because human productivity is not always the same, therefore we must be able to think about investing in our future. After we have invested in the future, of course we will be calmer in living our lives and we will be able to enjoy our old age by relaxing with people who we love, because if we don't think about investment when we are still at a productive age, of course we will continue to work to be able to fulfill the needs we need while we are still alive.

Quite rightly since investment strengthens any kind of production process post-investment gains enable one to enjoy quality time with family and loved ones in his old age. Moreover there is no substitute for investment in the economic and personal development of any country. Investment-dependent people make their money production process more efficient and improved. If investment is emphasized among the people of the country then the unemployed people of the country will also be able to become economically independent through their small capital investment and be free from the curse of unemployment.

[slapper]

Investment is true to pursue profits but what about the risks faced? Meanwhile, if saving may always be discussed about things that are detrimental even though compared to the risk is very low. So I agree to invest, but of course I don't want to hurry up with an unseen-directed investment purpose, so if I have more money then I will save first. The point is that financial management is very important and of course does not have to mean the same as the others.

The reality is that prioritizing saving or investing is not wrong. it's just a choice for each person, because everyone has different plans. It's just me, the thing that needs to be done is to keep doing both.
It's not wrong for people to prioritize saving. That may be because he feels that the investments he has made are sufficient, or perhaps a percentage of the income he earns goes towards saving rather than investing. But on the other hand, focusing on investing is also not wrong.
Personally, I tend to focus more on investing than saving because I am focused on creating financial freedom. Where the income I get from investments and business can be more than the expenses I make. This will certainly increase the amount of savings I have when my investment is successful. However, I still save, although not as much as I invest.

Every dollar you save is a financial decision. Avoid taking sides, saving versus investing, and focus on balance and longevity. You're considering investing to make money. That's fantastic and active, but every boxer requires a sturdy defense; your funds

All-in investing is like a brawler neglecting his guard. Big shots appear nice, but one surprise (a job loss, medical bill, whatever) can ruin you.  Smart investing and savings combine aggression and defense

This goes beyond a big bank account. Playing the long game, understanding the market, and recognizing your risk tolerance.  Diversification and strategic choices always aim for financial freedom, not just money.  The actual knockout punch makes the fight worthwhile

[junder]

The reality is that prioritizing saving or investing is not wrong. it's just a choice for each person, because everyone has different plans. It's just me, the thing that needs to be done is to keep doing both.
It's not wrong for people to prioritize saving. That may be because he feels that the investments he has made are sufficient, or perhaps a percentage of the income he earns goes towards saving rather than investing. But on the other hand, focusing on investing is also not wrong.
Personally, I tend to focus more on investing than saving because I am focused on creating financial freedom. Where the income I get from investments and business can be more than the expenses I make. This will certainly increase the amount of savings I have when my investment is successful. However, I still save, although not as much as I invest.

It's better to be able to do both regularly. now the reality is that everyone has different finances, well of course everyone wants their life to be self-sufficient, it's just that not everyone can be like this, there are people who save but don't invest or maybe vice versa, because in my opinion, investing is like that. This can be done when our finances are stable, with the income we earn that is more than enough for our needs which are always met, when our needs are met and there is still money remaining which might be said to be quite a lot then we save, because investing is also according to I think we have to have spare money or savings or an emergency fund.

because of course our life will not run smoothly, there will definitely be things that happen suddenly and require a certain amount of money to overcome them, now if we live our lives by having savings then when a sudden problem occurs maybe we can still overcome it because we have reserve funds or savings, well, if we only make investments and one day we experience a sudden event or problem and also need a budget to deal with it but don't have savings, maybe the action that will occur is to sell or withdraw the investment made because that is one way to do it. , even though you can get a loan, I'm sure getting a loan is not easy. So I think saving is important, even though it doesn't make you rich, you also need to pay attention to this apart from investing.

[ndutndut]

Some savings are necessary in life as these savings will be some recourse in your old age. But of course, investment should be given priority over savings. According to me, investment should be prioritized for four reasons.

For the older ones, savings are a must because they can't take any longer risk unless they've got a huge savings that they can attain to lose money by taking risks with investments. It's best for the younger ones to invest at an early stage because they can attain to make mistakes and they can recover eventually, that's why the old ones are good to have with what's left on them if they ever have saved and invested at their young age. And as they grow old, it's best to them to just enjoy the profits they've made to enjoy life.

Yes that's right. Many parents prefer saving rather than investing, but another reason why people prefer saving rather than investing is because they have no knowledge about investing or have minimal understanding about the world of investment. Even if they know, their level of knowledge is limited. Even if they understand investment, their level of knowledge is only limited to gold and property investment assets.

As a result, this minimal knowledge will cause concerns for them in choosing investments. This level of concern is increasing along with the rise of investment under the guise of fraud, so that many people choose to save for the security of their funds. So I think many people choose to save independently or invest in banks because of a lack of education about investment, especially bitcoin investment. I am sure that if they knew the benefits they could get from investing for their old age, they would definitely choose to invest.

[Bitco55]

Saving our hard earned money have never been a bad idea, but their are certain things we need to consider before thinking of saving, such as inflation.
Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it, so that  inflation wouldn't eat it up.

This is true and is also basic logic. The probability of one spending their saved money is very high. This may even be the reason why many lock their savings in a particular account. But that locked money is even going to be affected by inflation more than the money you spend every day. That is why it is advised to either let the money accumulate and get an asset, because let's be realistic, a person earning $20 a month can't buy land or gold with one-time savings, assuming he even decides to save half of his income. Now, we need to accumulate these savings or we pay bit by bit for the asset. The second option most times seems funny and is risky.

Anyways, investment is better than savings, but only money saved can be invested, yeah? You can't invest what's not yours or what hasn't been kept aside for investment, can you? So, both are just as important and are useless without the other.

[2Pizza410000BTC]

Saving our hard earned money have never been a bad idea, but their are certain things we need to consider before thinking of saving, such as inflation.
Inflation is truly the real enemy to every money that is being saved up, because when the time is right like a year time, when it should be used for it purpose, the value wouldn't be as how it actually was when you started saving it, but on the other hand, if we have been investing that money into Bitcoin, land or gold bit by bit, over the course of a year, the value of that your investment would have added additional value compared to our savings that will be eaten up by inflation.
So too me we should think of investing more of our money than saving it, so that  inflation wouldn't eat it up.

It is much more valuable to keep that amount of money invested in bitcoin than to save little by little. There was a time when we didn't know about Bitcoin, maybe our family members saved it in the bank. They managed to save some money throughout the year but could not accumulate much money there. Just saved and there was no gain. Now I realize that if they had saved that amount of money in Bitcoin, Bitcoin would have been much more successful today for that amount of money. So those who know about bitcoin experienced bitcoin never save in bank they will always invest in bitcoin and increase their investment and later earn a lot of money. So to me it is never worth saving Bitcoin investment is the most valuable.

[bestcoins1]

Quite rightly since investment strengthens any kind of production process post-investment gains enable one to enjoy quality time with family and loved ones in his old age. Moreover there is no substitute for investment in the economic and personal development of any country. Investment-dependent people make their money production process more efficient and improved. If investment is emphasized among the people of the country then the unemployed people of the country will also be able to become economically independent through their small capital investment and be free from the curse of unemployment.

I also thought about why unemployed people who don't have jobs don't invest independently at this time, even though that is an important part of what they have to do by eradicating unemployment through themselves. Even though they can only start with a small amount of capital, I think it is also good for themselves in building their own economy over time because the one who is able to provide real change for themselves is themselves. So that's what sometimes makes me a little surprised why they don't do it from an early age to be able to achieve a brighter future in their old age.

[Agbe]

You can only have a good savings with your local bank and the savings will increase in value if only you made an arrangement with the bank manager and if not the matter you save with years nothing will come out and the same amount you deposited when you started the savings will still be there or they would even cut it and reduce it for you  by electronic transfer levy. Example. I deposited $2 in one of my savings accounts in the year 2011 and yesterday I got a credit alert of "Credit:NGN5.55 A/C: SAVINGS ACCOUNT CREDIT INTEREST on 01-APR-24". That is amount is $0.0038 for 13 years.  But I believed if it was in cryptocurrency the amount would have increased to a reasonable amount. So investing in cryptocurrency is the best.

[retreat]

I think that investment and savings are equally important - investment as growing assets in the future, and savings as an emergency fund/short term goal. So a person must be able to have these two things, because they are quite important. However, if they can't, they can choose to build their savings first, because savings are emergency funds or short-term goals that will really help the person. Even though it will be exposed to inflation, I don't think it's too significant - another solution is they could save in gold to overcome this.

[MissNonFall9]

Quite rightly since investment strengthens any kind of production process post-investment gains enable one to enjoy quality time with family and loved ones in his old age. Moreover there is no substitute for investment in the economic and personal development of any country. Investment-dependent people make their money production process more efficient and improved. If investment is emphasized among the people of the country then the unemployed people of the country will also be able to become economically independent through their small capital investment and be free from the curse of unemployment.

I also thought about why unemployed people who don't have jobs don't invest independently at this time, even though that is an important part of what they have to do by eradicating unemployment through themselves. Even though they can only start with a small amount of capital, I think it is also good for themselves in building their own economy over time because the one who is able to provide real change for themselves is themselves. So that's what sometimes makes me a little surprised why they don't do it from an early age to be able to achieve a brighter future in their old age.

In the context of our country investment in savings bonds is discouraged due to the unpromising nature of investing in the stock market due to the lack of alternative and robust mechanisms for raising funds. Due to this the countrys limited income people are in a dire economic situation. So in such a situation if people can invest in bitcoins or cryptocurrencies then they can overcome all the obstacles in their economic development and lead a better life and increase their savings. Another thing is that we have to teach the next generation in this direction from childhood and train them by hand.