Why we should prioritize investment over saving

[AVE5]

You made some senses but the fact is that what has an advantage is also opposite to disadabi. @ OP, do not forget that the above mentioned investments also experiences inflations. However, saving your funds at where it doesn't profer income is a waste of time and resources because the range of times the money wasn't invested was like a dormancy finance in a stagnant degree. However, strategically, at the expectations of inflation in times ahead, it is economically wise to also save ahead of inflation so you purchase profitably during deflation

[AnonBitCoiner]

Investment and saving both are necessary as both of them help us to cope up with the situations of inflation. In case of saving we have just that amount which we have kept for saving but investment can give us more amount due to increase in the price of asset. The assets which you have mentioned can give us good profit but in case of land we cannot put money little by little because we have to buy land with large sum of money at once whereas gold and bitcoin can be bought with the help of buying portion.

I think we should not ignore any of these assets as all these are very profitable so buy at least little portion of take part in all investment types which will be profitable for you in future. Also don't forget that all these assets needs time to establish more in worth therefore don't rush towards profit in less time.

[Reid]

Not just inflation, because there's no growth in saving. Put in a bank, wait for a year and you get what 1 percent to 4 percent APY? It's not worth it.
Imagine the other things we can do to our money than just letting it rot in the bank?
We could start a loaning business even if it's just for the circle of friends so that you could be safe.
Or, invest it with low risk investments but gives a higher return when you compute it against the APY of the bank.

I am not bashing the banking industry but that's how it is for a long time. They are the ones reaping the rewards giving out loan to people while it's not really their money they are using. It's the people's money.

[angrybirdy]

Right. Saving money is good but inflation can slowly erode its value. Investing in things like Bitcoin, land, or gold can be a way to beat inflation and make your money work for you but it really depends on your priorities. These assets have the potential to grow over time, helping your wealth keep up with or even outpace the rising cost of living but it's essential to be aware that investing carries risks and values can fluctuate. We all have different priiorities so learn to not compare yourself

It really depends on a person's situation, there are some who prefer to save their money so they can easily get it when needed. We also have different sources of income, some people earn just enough and some have too much. You are right that it would be better to invest money to grow it but let's not forget to save, let's just diversify our finances properly.

[AmoreJaz]

Not just inflation, because there's no growth in saving. Put in a bank, wait for a year and you get what 1 percent to 4 percent APY? It's not worth it.
Imagine the other things we can do to our money than just letting it rot in the bank?
We could start a loaning business even if it's just for the circle of friends so that you could be safe.
Or, invest it with low risk investments but gives a higher return when you compute it against the APY of the bank.

I am not bashing the banking industry but that's how it is for a long time. They are the ones reaping the rewards giving out loan to people while it's not really their money they are using. It's the people's money.

putting your money in a bank is just like for safe keeping purposes not because you want to earn something from it, because you can't. they have very small percentage of interest, unless, you will avail other financial services such as time deposit. but their presence in the financial industry is still vital as a lot of financial transactions are still passing thru banking system like your mortgage and other remittances. so we can't totally avoid the usage of banking services. also, most companies are also using banks for the salaries of their employees. let us put it this way, no matter what, for now, we still need banking system.
when it comes to investment, this is for you to explore your opportunities outside bank institutions. there are so many options now to take if you do want to make the most of your funds.

[Sanitough]

Simply speaking, if you aim for higher returns of your money, then chose to invest than save. While there may be some risks associated in it, but if you are good and responsible enough, you will still end your investment while doubling or tripling the amount of your capital. However, if you chose to focus on saving, you will not take any risk and you will not be prone to losing due to wrong investing, but you will never see your money growing with high interest unlike investing is capable to provide you.

[Uruhara]

Investments can potentially make our wealth grow over time and of course with the risk that it can also decrease. But saving money will only make the amount of our money increase but the value is prone to inflation. And if suddenly the country we live in now experiences hyper inflation then the money we have saved will lose so much value. Like the case in zimbabwe and Venezuela.

So I prefer to combine the two. That is I save money for me to invest after enough. So save in the short term and then invest it for the long term. simple right?

It is true that if we are able to invest well, we will be able to increase the wealth we have and we will also be able to minimize the losses we will face from investing because we have a lot of experience in this field, but if we choose to save, there are also risks. the value of the money we have will lose even though we have accumulated a lot of money and the country we live in experiences inflation.
I agree with you, if we combine these two things if we want to maintain the value of the assets we have and also the money we have accumulated, because if we only do one thing and we experience failure this will really make it very difficult for us to deal with it.

Saving and investing are both very important things that must be done, but each person certainly has their own perspective. In my opinion, saving is very important if your source of income is still within normal limits, meaning setting aside a little money from your daily income because this will make your daily finances less burdensome. Meanwhile, investments must be made when finances have truly reached a safe point. So in my opinion these two models must really be instilled in someone's mind to strengthen their economy and improve it.

That's exactly how it should be. The two are inseparable in the process of financial development in our lives. Because as people who have normal income we cannot immediately start investing with large capital. That's why we still need a saving method to collect money and invest it when it's enough. Even emergency savings are also needed in life such as to cope with unexpected situations that require money quickly and cannot wait for time to cash out assets or even take from the bank. So I personally also always set aside physical money and save it for a reserve fund or emergency fund. Sometimes we can use the emergency fund to help others too.

[summonerrk]

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.

That's exactly why I always listen with a cold sweat to stories about people who just kept cash in their drawer for years and decades. Didn't they realize that their money was being devalued in this way? But at the same time, I am against giving money to the bank at interest (deposit) and also against a long-term lock of coins (their exchange rate may fall), so any long lock is bad. In general, you need to steak so that you can pick up your tokens at any time.

[Abiky]

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.

Investing is usually the best way to grow your capital. But it's much risky than saving your money at a bank. The higher the reward, the higher the risk will be. What you do with your money, is entirely your decision.

In times of crisis where inflation spirals out of control, it's best to invest your money in assets that tend to appreciate in value over time. I'm talking about precious metals like Gold and Silver, as well as, Bitcoin. Stocks are not an option, especially when they're too tied to the mainstream economy. I've seen stocks go down during economic crisis (like what happened during the COVID-19 pandemic). By investing wisely, you'll be able to beat inflation in the long run. Don't let greed take control of your decisions, and there should be nothing to worry about.

[dezoel]

I believe a person should have different funds or accounts for investments and savings, and I never recommend investing savings in anything, unless it is something that you are sure of that it won't make you lose money or value.

You can't invest your savings in Bitcoin or cryptocurrencies and expect to have your money increased over some time like a year, because Bitcoin and other cryptocurrencies are volatile and unpredictable, their value can go up but also can go down from when you've made your investment.

Gold might be a good option when it comes to this because we know Gold doesn't lose much value and it keeps going up even if the speed is slow, it's at least a safer investment option than cryptocurrencies.

[JayTrain]

Saving is important, but inflation can erode the value of money. Investing in Bitcoin or land, for example, can help preserve value over the long term. I think investing a little more than just saving helps protect against inflation. You need to find a middle ground for all of this, and this is often difficult to do.

[mirakal]

Saving is always our first step towards creating opportunities when planning for an investment. If you have sufficient amount of savings, you can invest whatever you want even as risky as bitcoin is. Since it’s your hard-earned funds, you can always put an amount that you are comfortable to lose anytime.

However, the challenge here is how to make your investment work and becomes profitable so that your savings will never go into waste. By having high tolerance in any risky investment, and can definitely manage the risks, then the chances to make that investment successful will be certainly high.

Saving is only good if you don’t have plans to grow your funds massively, and seeing it after couple of years, the amount is still the same. But if you decide to invest, the chance to lose it will be possible but there’s also bigger chances that you will be profitable and make your capital 5x or 10x from your capital. But of course, the process to make it grow is not always smooth but certainly quite tough and hard. So it’s up to you to decide whether you want to see your funds intact or take the risk and see it becomes huge in the future.

[Fatunad]

Saving is always our first step towards creating opportunities when planning for an investment. If you have sufficient amount of savings, you can invest whatever you want even as risky as bitcoin is. Since it’s your hard-earned funds, you can always put an amount that you are comfortable to lose anytime.

However, the challenge here is how to make your investment work and becomes profitable so that your savings will never go into waste. By having high tolerance in any risky investment, and can definitely manage the risks, then the chances to make that investment successful will be certainly high.

Saving is only good if you don’t have plans to grow your funds massively, and seeing it after couple of years, the amount is still the same. But if you decide to invest, the chance to lose it will be possible but there’s also bigger chances that you will be profitable and make your capital 5x or 10x from your capital. But of course, the process to make it grow is not always smooth but certainly quite tough and hard. So it’s up to you to decide whether you want to see your funds intact or take the risk and see it becomes huge in the future.

Unless if you are born on a family which does have that good financial standing or status then it wont really be needing for you to work hard for you to have that capital but of course not everyone ends up on this kind of scenario on which majority would really be that be depending with their own savings or money that had been that accumulate whether into their income sources and sidelines on which it is true that having savings should really be something in default into someones life and wont really be that tending to be that not mindful about those future plans and endeavors one someone could really be having.

If you do really like to have a life which it doesnt really have that kind of financial problems then you should really be needing to work for that for you to obtain such state and we do know that the only way
on doing or acquiring this is to have investment or business.Somewhat it might really that easy to say but its actually that very hard to obtain such success on which you would really be
needing to do such hard work and wise decisions in regarding into the steps that you are planning to have.

[Wakate]

Right. Saving money is good but inflation can slowly erode its value. Investing in things like Bitcoin, land, or gold can be a way to beat inflation and make your money work for you but it really depends on your priorities. These assets have the potential to grow over time, helping your wealth keep up with or even outpace the rising cost of living but it's essential to be aware that investing carries risks and values can fluctuate. We all have different priiorities so learn to not compare yourself

It really depends on a person's situation, there are some who prefer to save their money so they can easily get it when needed. We also have different sources of income, some people earn just enough and some have too much. You are right that it would be better to invest money to grow it but let's not forget to save, let's just diversify our finances properly.

How can we invest when we don't safe? Maybe we can always borrow funds to get started with business but that's not a better way to go about it. Making money is all about what we have in hand not have we were able to borrowed since it's not actually from what we have in hand. Any investment we are starting, it doesn't just start booming like that, we have to wait and keep growing the business before we can be making profits from it. Ww actually have to save but at the same time we can always look for something to invest in some that we don't just keep putting the money in the bank without putting it into use.

[taufik123]

Saving is important, but inflation can erode the value of money. Investing in Bitcoin or land, for example, can help preserve value over the long term. I think investing a little more than just saving helps protect against inflation. You need to find a middle ground for all of this, and this is often difficult to do.

Actually, both provide benefits.
Saving in the form of Fiat will maintain our economic stability,
keep when we need fiat money directly for the needs of life and several other things.

And Investment is also needed to develop the assets we hold.
Like buying land, of course the price will always rise and this will be a set of no moves that can provide many benefits.
And buy some Gold jewelry, making it a "Safe Haven" asset that will rise in the next few years.
And also bought Bitcoin as a volatile Digital asset with significant development.

All of that will be profitable investment assets and have their own advantages and advantages.

[Ben Barubal]

   In investment, when we choose the right opportunity, we can set aside savings little by little for the future. Although the savings are not bad, it's just that even if you put them in the bank, the interest that the bank will pay per year is small.

   Unlike investment, it is not like that; instead, it can double the existing capital or more depending on the demand that happens. Although
there is only high risk in the investment category,.

[lienfaye]

Well, saving is always a good choice because that will also serve as your solution everytime there's an emergency and having an instant cash is necessary. Therefore, it's indeed never a bad idea to save. We should not chose the other option (investing) if we can do both. Because you can still invest in any opportunities out there without draining your savings.

Financial management has a crucial role in order to do this. We should know how much is needed funds to allocate for the investment that you wants to venture. While leaving some of the money as savings so incase something didn't go as planned, you still have other option where you can start over again.

[dothebeats]

Having some savings in this day and age is not too bad, but given how fast inflation eats up on the value of that idle money, it's best to make it work while it's just sitting there. A 1-5% increase each year compared to none at all on your idle money is infinitely better. It offsets inflation quite a bit and you're still making money when it could have been collecting fees and interest from the bank, which further eats up on your savings.

Gold is one good investment that a lot of people can easily have access to. Cryptocurrency is another, although with the risk and volatility that comes with it, it's not recommended to a lot of newbie investors who are seeking to do something with their money while it's just idle at the banks.

[franky1]

Having some savings in this day and age is not too bad, but given how fast inflation eats up on the value of that idle money, it's best to make it work while it's just sitting there. A 1-5% increase each year compared to none at all on your idle money is infinitely better. It offsets inflation quite a bit and you're still making money when it could have been collecting fees and interest from the bank, which further eats up on your savings.

Gold is one good investment that a lot of people can easily have access to. Cryptocurrency is another, although with the risk and volatility that comes with it, it's not recommended to a lot of newbie investors who are seeking to do something with their money while it's just idle at the banks.

savings is not about entire wealth storage.. its just a rainy day fund to avoid debt/negative interest of credit cards

once you have a 1 month rainy day fund. then invest your next months income excess into investments.
you will be less likely to sell investments at a loss or go back to borrowing to cover rainy day surprises

this way you dont get into debt or lose investments when surprises happen. thus instead maximise your investment wealth accumulation by not getting emotional about investments needs to cash out ASAP when surprises happen

if you can frugally save up 1 months of expenses in 3 months. this means once you have a savings amount for rainy days. then you dont need to fund more into that rainy day and instead put 33% of income into investments. knowing you dont NEED to cash out investments to cover emergencies. but instead buy-sell (low high) repeatedly to maximise investments

[gunhell16]

You made some senses but the fact is that what has an advantage is also opposite to disadabi. @ OP, do not forget that the above mentioned investments also experiences inflations. However, saving your funds at where it doesn't profer income is a waste of time and resources because the range of times the money wasn't invested was like a dormancy finance in a stagnant degree. However, strategically, at the expectations of inflation in times ahead, it is economically wise to also save ahead of inflation so you purchase profitably during deflation

When you say that gambling is profitable, it means that you always win when you play gambling. The question is, is it possible to always win big in gambling? Maybe it's possible, but only with a small amount of winnings. Because most gamblers usually lose in gambling, right?

I have not seen any gambler who wins big money every day gambling, because if there is, and that is true, then for sure all casinos will lose money and close the crypto gambling industry.