Why we should prioritize investment over saving

[Inwestour]

It's true that it makes sense to invest the savings you have, but it can't be done carelessly. Of course, we have to be able to know what kind of investment can produce clear profits. We also have to be able to determine good investments so that there are no big losses. Investing offline or online requires good knowledge to be able to generate profits. Don't invest if you don't have the knowledge. which is good, because it could be the same as throwing away the money you have.

However, by saving, of course we don't need any knowledge, but what we have to pay attention to is being able to refrain from using our savings carelessly, because there are people who use their savings for things that are not very important. In my opinion, saving has no risk, unless it is lost due to a disaster such as someone stealing or something else. I also think having savings is important before investing, because we must have savings or emergency funds before investing, because there are investments that are disrupted by sudden needs such as having to pay for hospital treatment when an accident occurs, but by having savings or emergency funds the investment will not be disturbed.

By the way, there are those who believe that in order for inflation not to affect their savings, you can buy something, some things, but the truth is that things also lose their value over time, unless they are some kind of collectibles, then this is also possible classified as investment. We live in a society of consumers, every day we are served a large amount of advertising, and they are constantly trying to sell something, it is not strange that people buy a lot of unnecessary things.

[Fatunad]

Let us correct that kind of mindset, Investing doesn't work like a magic wand that generates money instantly. Even if you invest in a popular asset, you still need to have a good understanding of the investment and the necessary actions to take in case of unexpected scenarios. It's crucial to educate ourselves and make informed decisions when it comes to investing.

The shape of each person's mindset in terms of investment and in terms of hoping to make a profit is different, but when it comes to investing in Bitcoin or other cryptocurrencies you must have a fairly wise mindset, such as not immediately expecting profits to come instantly. Because market conditions don't always work well enough, so in certain conditions everyone must be able to understand that we need to survive when conditions are bad and not panic when we see the price of the assets we invest in not moving well enough in a certain time.

Those realizations would really be able to be encounter along the way or on the time that you would really be dealing up into this market. It would really be that just that depending on how well you do hover yourself into this market. We do know that when it comes to investment then this is something that will vary or depending on how well you do handle your investment and made out wise decisions. Saving isnt bad because we do know that once we do have those savings then it isnt really just that good for emergency purposes but also for investment and businesses purposes too and other things which does involved money.

With just using up our own common sense then you would really be able to make yourself tending to save up and would really be having that kind of opportunity if ever you would be deciding
on going into that venture. It would really be just that on someones personal choice on which things that they would really be getting involved into. This is why it would be
better that you should really be having those plans and having those wise decision once you do decide on taking up a step.

[slapper]

Let us correct that kind of mindset, Investing doesn't work like a magic wand that generates money instantly. Even if you invest in a popular asset, you still need to have a good understanding of the investment and the necessary actions to take in case of unexpected scenarios. It's crucial to educate ourselves and make informed decisions when it comes to investing.

The shape of each person's mindset in terms of investment and in terms of hoping to make a profit is different, but when it comes to investing in Bitcoin or other cryptocurrencies you must have a fairly wise mindset, such as not immediately expecting profits to come instantly. Because market conditions don't always work well enough, so in certain conditions everyone must be able to understand that we need to survive when conditions are bad and not panic when we see the price of the assets we invest in not moving well enough in a certain time.

Those realizations would really be able to be encounter along the way or on the time that you would really be dealing up into this market. It would really be that just that depending on how well you do hover yourself into this market. We do know that when it comes to investment then this is something that will vary or depending on how well you do handle your investment and made out wise decisions. Saving isnt bad because we do know that once we do have those savings then it isnt really just that good for emergency purposes but also for investment and businesses purposes too and other things which does involved money.

With just using up our own common sense then you would really be able to make yourself tending to save up and would really be having that kind of opportunity if ever you would be deciding
on going into that venture. It would really be just that on someones personal choice on which things that they would really be getting involved into. This is why it would be
better that you should really be having those plans and having those wise decision once you do decide on taking up a step.

Though simplistic, your approach is skating on thin ice. Will we go deeper? Saving is important, but it's not everything. A stepping stone, not a strategy. The true game? Diversification. It's more than saving for a rainy day or a new project. Spread risks and seize opportunities across a spectrum. Stocks, bonds, real estate, cryptocurrency, etc

Another thing: Financial literacy is required. Make educated decisions, not just options. Making investments without knowing market dynamics, risk assessment, and financial planning is like walking a tightrope blindfolded. You think you're progressing but aren't. Before you preach personal choice and common sense, do you understand the economics? Are you repeating platitudes? Be smart, think critically, and you might succeed in this difficult economy

[AYOBA]

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.

Saving and investing our hard-earned money are both admirable goals, but investing is more crucial and even a smart move because, any one that has enough money, it's best for him to put it in to business or invest rather than hoarding it in a bank account where you will ultimately spend it all without making any profit. Nevertheless, the benefits will come from all directions if you use them to invest and make a difference in business. Because there won't be any profits and the bank will remove its own if you insist that we should only save all of our money in bank accounts.

However, I do not know enough to hold people accountable for the fact that, despite having enough money, some people are unable to establish businesses or make investments because they are ignorant of market dynamics, which is a necessary first step for anyone who genuinely wants to succeed in any kind of investment and prevent excessive financial loss. Money can be used to make more money, but if we limit how much we can save in our account, even if we live there for more than seven years, then our savings will not increase over time; instead they will decrease.

[CageMabok]

Though simplistic, your approach is skating on thin ice. Will we go deeper? Saving is important, but it's not everything. A stepping stone, not a strategy. The true game? Diversification. It's more than saving for a rainy day or a new project. Spread risks and seize opportunities across a spectrum. Stocks, bonds, real estate, cryptocurrency, etc

I also prefer to spread the risk into several things as you mentioned by continuing to make stepping stones such as saving for all these needs. Because before doing all that, of course everyone needs capital which is basically from their own savings for purposes such as shares, bonds, real estate, cryptocurrency, etc. So the savings approach is only the initial part of implementing each strategy on several things with very different levels of risk for each case.

Another thing: Financial literacy is required. Make educated decisions, not just options. Making investments without knowing market dynamics, risk assessment, and financial planning is like walking a tightrope blindfolded. You think you're progressing but aren't. Before you preach personal choice and common sense, do you understand the economics? Are you repeating platitudes? Be smart, think critically, and you might succeed in this difficult economy

To succeed in a difficult economy is not easy because it always requires precise and intelligent thinking so that you can face all the existing dynamics. Whether it's market dynamics as you said, or other dynamics that exist in life because nowadays almost all jobs that involve money definitely require proper literacy and accompanied by smart thinking.

[indah rezqi]

By the way, there are those who believe that in order for inflation not to affect their savings, you can buy something, some things, but the truth is that things also lose their value over time, unless they are some kind of collectibles, then this is also possible classified as investment. We live in a society of consumers, every day we are served a large amount of advertising, and they are constantly trying to sell something, it is not strange that people buy a lot of unnecessary things.

I think that is part of the risk, there is no activity that is free from risk, especially when it comes to investment. We can only study the situation, study the market, and so on before deciding to take action such as saving or investing. Buying assets such as land will usually be more secure against losing the value of money, or you can also buy property such as a house, to protect the value of money so that it does not shrink due to inflation. You can also buy other assets such as buying Bitcoin, shares or something like that, but what is clear is that you have to understand the level of risk first.

On the other hand, the solution to ensure that the value of money is not affected by inflation as a whole is to divide it, I mean part of it is saved and the other part is invested. As a wise man said, "don't put all your eggs in one basket", I like that sentence. However, if you look at the current era, reducing expenses just to be able to save seems very difficult, we are very much influenced by things that are consumptive.

[Hamphser]

By the way, there are those who believe that in order for inflation not to affect their savings, you can buy something, some things, but the truth is that things also lose their value over time, unless they are some kind of collectibles, then this is also possible classified as investment. We live in a society of consumers, every day we are served a large amount of advertising, and they are constantly trying to sell something, it is not strange that people buy a lot of unnecessary things.

I think that is part of the risk, there is no activity that is free from risk, especially when it comes to investment. We can only study the situation, study the market, and so on before deciding to take action such as saving or investing. Buying assets such as land will usually be more secure against losing the value of money, or you can also buy property such as a house, to protect the value of money so that it does not shrink due to inflation. You can also buy other assets such as buying Bitcoin, shares or something like that, but what is clear is that you have to understand the level of risk first.

On the other hand, the solution to ensure that the value of money is not affected by inflation as a whole is to divide it, I mean part of it is saved and the other part is invested. As a wise man said, "don't put all your eggs in one basket", I like that sentence. However, if you look at the current era, reducing expenses just to be able to save seems very difficult, we are very much influenced by things that are consumptive.

If we do speak about investment then of course it would really be that automatically twinned up with risks and this is something that you should really be making yourself be wary about those points and this is something that you would really be needing for yourself to make out those adjustments but of course this is something that would be on someones preference and liking when it comes to risks taking.
Some could really be able to bare up with the risks and some cant really be just that able to hold it up. When it comes to savings then it would be also a default thing as an individual.
We do know about those standard things which needs up to be that done but not all would really be that thinking about on what are the necessary steps that should be done.

[Volimack]

We should give more importance than saving because investment can increase it later but if one saves then only that amount of money will be saved. Investment should be given more importance than saving. If you invest properly, you can get more profit and it is possible to do something good for a long time. And investment can only increase.

[goldkingcoiner]

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.

SAVING = INVESTING.

I think that is something that most people do not seem to understand.

If you save fiat dollars in your bank account, you are investing into the dollar. If you are saving euros, you are investing into euros. And so on.

When you think about it like that, you realize that your money is perpetually invested into something. And when it comes to fiat, it will lead to a loss due to inflation in the long term. So obviously "saving", in this case, is not going to help you in your future.

But lets think of it in terms of Bitcoin: Saving Bitcoin is a smart thing because that is just "hodling Bitcoin". And that is exactly what we should all be doing.

[Dewi Aries]

By the way, there are those who believe that in order for inflation not to affect their savings, you can buy something, some things, but the truth is that things also lose their value over time, unless they are some kind of collectibles, then this is also possible classified as investment. We live in a society of consumers, every day we are served a large amount of advertising, and they are constantly trying to sell something, it is not strange that people buy a lot of unnecessary things.

I think that is part of the risk, there is no activity that is free from risk, especially when it comes to investment. We can only study the situation, study the market, and so on before deciding to take action such as saving or investing. Buying assets such as land will usually be more secure against losing the value of money, or you can also buy property such as a house, to protect the value of money so that it does not shrink due to inflation. You can also buy other assets such as buying Bitcoin, shares or something like that, but what is clear is that you have to understand the level of risk first.

On the other hand, the solution to ensure that the value of money is not affected by inflation as a whole is to divide it, I mean part of it is saved and the other part is invested. As a wise man said, "don't put all your eggs in one basket", I like that sentence. However, if you look at the current era, reducing expenses just to be able to save seems very difficult, we are very much influenced by things that are consumptive.

If we do speak about investment then of course it would really be that automatically twinned up with risks and this is something that you should really be making yourself be wary about those points and this is something that you would really be needing for yourself to make out those adjustments but of course this is something that would be on someones preference and liking when it comes to risks taking.
Some could really be able to bare up with the risks and some cant really be just that able to hold it up. When it comes to savings then it would be also a default thing as an individual.
We do know about those standard things which needs up to be that done but not all would really be that thinking about on what are the necessary steps that should be done.

It is clear, investment certainly has its own risks because it is related to money and profits and losses. but losses in investment in my opinion can be minimized with good knowledge, so before investing we must have good knowledge and knowledge first about investment and this applies to offline or online investment both have the same risk of loss,. especially if you don't have any knowledge at all it's just a waste of money.

It is also true that with the risks involved in investment, there are those who are able to bear it or overcome it there are also those who do not give up directly to end their investment. in my opinion, saving also has its own risks such as the loss of money saved due to disaster, of course no one knows it's just that in my opinion, investment is profitable if we really run it as well as possible, don't stop in the middle when the investment has not really reached a profitable point.

[Natalim]

Let us correct that kind of mindset, Investing doesn't work like a magic wand that generates money instantly. Even if you invest in a popular asset, you still need to have a good understanding of the investment and the necessary actions to take in case of unexpected scenarios. It's crucial to educate ourselves and make informed decisions when it comes to investing.

The shape of each person's mindset in terms of investment and in terms of hoping to make a profit is different, but when it comes to investing in Bitcoin or other cryptocurrencies you must have a fairly wise mindset, such as not immediately expecting profits to come instantly. Because market conditions don't always work well enough, so in certain conditions everyone must be able to understand that we need to survive when conditions are bad and not panic when we see the price of the assets we invest in not moving well enough in a certain time.

It is to remain strong despite the unpredictable condition of the market. Investing is not just knowing how to hold but also knowing how to analyze the market and when to sell. Indeed, investing is not a quick rich scheme that after buying it generates a profit already but it takes several months or even years to see it. However, with the up and down movement of the price, we can take advantage of it and play the roller coaster trend to earn more.

Investing will be good if we know how to manage it also because I see that not all investors become successful due to mismanagement of funds and investment. It would be better to have money and knowledge to backup the situation as this is also a common reason why some investors fail.

[junder]

It's true that it makes sense to invest the savings you have, but it can't be done carelessly. Of course, we have to be able to know what kind of investment can produce clear profits. We also have to be able to determine good investments so that there are no big losses. Investing offline or online requires good knowledge to be able to generate profits. Don't invest if you don't have the knowledge. which is good, because it could be the same as throwing away the money you have.

However, by saving, of course we don't need any knowledge, but what we have to pay attention to is being able to refrain from using our savings carelessly, because there are people who use their savings for things that are not very important. In my opinion, saving has no risk, unless it is lost due to a disaster such as someone stealing or something else. I also think having savings is important before investing, because we must have savings or emergency funds before investing, because there are investments that are disrupted by sudden needs such as having to pay for hospital treatment when an accident occurs, but by having savings or emergency funds the investment will not be disturbed.

By the way, there are those who believe that in order for inflation not to affect their savings, you can buy something, some things, but the truth is that things also lose their value over time, unless they are some kind of collectibles, then this is also possible classified as investment. We live in a society of consumers, every day we are served a large amount of advertising, and they are constantly trying to sell something, it is not strange that people buy a lot of unnecessary things.

Yes, there are times when the things we have bought become worthless over time, and this usually happens to young people who only care about a luxurious lifestyle even though it is only temporary, and I think they are used to being like this. then prestige can happen, where when they are used to a luxurious style they will not be able to lower the level of style so even though their situation is difficult they will probably still force themselves to look all luxurious, this is often a problem because they cannot save money so it is difficult too to make investments.

unless you buy things that seem different, such as antiques, which may have a high price value over time, such as paintings that have their own meaning, because I think there are also people who like collecting antiques, and I think this is also including investment, but leading to hobbies.

[invo]

Let us correct that kind of mindset, Investing doesn't work like a magic wand that generates money instantly. Even if you invest in a popular asset, you still need to have a good understanding of the investment and the necessary actions to take in case of unexpected scenarios. It's crucial to educate ourselves and make informed decisions when it comes to investing.

The shape of each person's mindset in terms of investment and in terms of hoping to make a profit is different, but when it comes to investing in Bitcoin or other cryptocurrencies you must have a fairly wise mindset, such as not immediately expecting profits to come instantly. Because market conditions don't always work well enough, so in certain conditions everyone must be able to understand that we need to survive when conditions are bad and not panic when we see the price of the assets we invest in not moving well enough in a certain time.

Your statement is unclear. Each individual has a unique mindset when it comes to investments, particularly in cryptocurrencies where having a wise mindset is crucial but then you are saying that all investors should have the same mindset when it comes to crypto investments, whereas other types of investments depend on an individual's personal preferences?

[redsun114]

Why we should patronize investment over savings is that investmet provides more profit than savings. Let's take for example you save money in bank for 3 years, instead of making profit your money would be gradually deducted bit by bit for maintenance,  transfer or SMS fee. But in investment like Bitcoin, volatility in Bitcoin will make it to increase, except the volatility is a negative volatile instead of positive volatility.

Savings are necessary, there can be emergencies and times when you might need funds and you can't use funds that you have invested in such situations. Will you sell your Bitcoins even if they are at a loss if you face an emergency because you don't have funds for the emergency? You can't because that means you are wasting your money and instead of getting profit from your investment, you are getting loss and no one would want that.

So it's essential to have savings, you don't need to keep it in an account where you will be charged fees and stuff, create a savings account and keep your savings in it so that you can use them whenever you need to. If you can afford, have both, savings and investment funds, so that you don't need to use your savings for investment purposes.

[demonica]

Why we should patronize investment over savings is that investmet provides more profit than savings. Let's take for example you save money in bank for 3 years, instead of making profit your money would be gradually deducted bit by bit for maintenance,  transfer or SMS fee. But in investment like Bitcoin, volatility in Bitcoin will make it to increase, except the volatility is a negative volatile instead of positive volatility.

Savings are necessary, there can be emergencies and times when you might need funds and you can't use funds that you have invested in such situations. Will you sell your Bitcoins even if they are at a loss if you face an emergency because you don't have funds for the emergency? You can't because that means you are wasting your money and instead of getting profit from your investment, you are getting loss and no one would want that.

So it's essential to have savings, you don't need to keep it in an account where you will be charged fees and stuff, create a savings account and keep your savings in it so that you can use them whenever you need to. If you can afford, have both, savings and investment funds, so that you don't need to use your savings for investment purposes.

I agree with this. Investment will definitely bring us more money since we can earn profit from it compared to saving where we just keep our money in banks and won't bring us profit. But both investing and saving are important. Since like what you've said, when there's an emergency it would be difficult for us to use our investment especially if it's doing well. Also on the contrary, if your investment didn't do well, we wouldn't be able to get something for emergency purposes. So aside from focusing on investments, we should also have our savings on the side cause we don't know what will happen tomorrow. Investment will help us earn money and saving will make it easy for us to find money whenever we need it.

[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.

In Economics, we were always taught money saved was automatically invested. Took me time to realize that it was only invested into businesses as loans taken. And what you said was true, the value would have dropped making it a vain endeavor.

So, basically what I'm trying to say is that money saved and invested are still automatically the same but we should save our money in the right place. Don't save in banks, save in assets.

[shinratensei_]

I agree with this. Investment will definitely bring us more money since we can earn profit from it compared to saving where we just keep our money in banks and won't bring us profit. But both investing and saving are important. Since like what you've said, when there's an emergency it would be difficult for us to use our investment especially if it's doing well. Also on the contrary, if your investment didn't do well, we wouldn't be able to get something for emergency purposes. So aside from focusing on investments, we should also have our savings on the side cause we don't know what will happen tomorrow. Investment will help us earn money and saving will make it easy for us to find money whenever we need it.

in emergency situation you should use insurance to cover, i think people with mindset of keeping things safe always have insurance, but i guess the situation differ from each country to another but general rule of thumb having insurance always helps as long as its not that kind of scammy insurance but a real thing so that we don't need to think about saving up for emergency because frankly speaking the cost of medical treatment are massive.
thats why we can be all in to investment and still can face any emergency situation if it happened to emerge.
i would say, before investing, try to think about what we all need for a living then proceed to invest because thats also essential to not disrupt the investment process.

[Xampeuu]

Why we should patronize investment over savings is that investmet provides more profit than savings. Let's take for example you save money in bank for 3 years, instead of making profit your money would be gradually deducted bit by bit for maintenance,  transfer or SMS fee. But in investment like Bitcoin, volatility in Bitcoin will make it to increase, except the volatility is a negative volatile instead of positive volatility.

Savings are necessary, there can be emergencies and times when you might need funds and you can't use funds that you have invested in such situations. Will you sell your Bitcoins even if they are at a loss if you face an emergency because you don't have funds for the emergency? You can't because that means you are wasting your money and instead of getting profit from your investment, you are getting loss and no one would want that.

So it's essential to have savings, you don't need to keep it in an account where you will be charged fees and stuff, create a savings account and keep your savings in it so that you can use them whenever you need to. If you can afford, have both, savings and investment funds, so that you don't need to use your savings for investment purposes.

I agree with this. Investment will definitely bring us more money since we can earn profit from it compared to saving where we just keep our money in banks and won't bring us profit. But both investing and saving are important. Since like what you've said, when there's an emergency it would be difficult for us to use our investment especially if it's doing well. Also on the contrary, if your investment didn't do well, we wouldn't be able to get something for emergency purposes. So aside from focusing on investments, we should also have our savings on the side cause we don't know what will happen tomorrow. Investment will help us earn money and saving will make it easy for us to find money whenever we need it.

Investments are made if we already have savings, at least we have savings equivalent to one year's salary, so that if something unexpected happens then this is not a problem. After that, if we already have savings, we can invest according to the field we control, so that if something bad happens it won't disrupt our family's economy. Often people force themselves to invest, so that in the middle of the road investment must be taken to meet their needs

[lizarder]

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.

Save enough and put the rest into investments so that the money we have can be more productive and if investing doesn't make you confident then building a business can also be a good decision. Because the money we have can produce much more productive profits than saving. It is better to prioritize investing or building a business rather than saving all the money we have, but savings are still very necessary because there are times when we need money unpredictably.

Investing in bitcoin, gold or land is the right choice because these three investments can maintain value. Moreover, this investment can also provide profits in the midst of inflation and people will not lose the value of the money they have. Accuracy must be done so that the money we have is much more productive in generating profits in the long term.

[bbigtart]

Another thing: Financial literacy is required. Make educated decisions, not just options. Making investments without knowing market dynamics, risk assessment, and financial planning is like walking a tightrope blindfolded. You think you're progressing but aren't. Before you preach personal choice and common sense, do you understand the economics? Are you repeating platitudes? Be smart, think critically, and you might succeed in this difficult economy

To succeed in a difficult economy is not easy because it always requires precise and intelligent thinking so that you can face all the existing dynamics. Whether it's market dynamics as you said, or other dynamics that exist in life because nowadays almost all jobs that involve money definitely require proper literacy and accompanied by smart thinking.

So true. Whatever our job, we must have the ability to manage finances. Starting from office workers, business people to freelancers, they must have the ability to manage finances, so that finances remain stable and do not disappear in the midst of an uncertain economy. Saving and investing are things that everyone must have to create financial freedom in the future.

To achieve all that, Financial Literacy is very important for everyone to have, this is also so that we are not easily deceived in financial matters such as investment fraud or various other financial related frauds.