Do you believe in savings or investment

[leonair]

saving money is actually a loss because the value of your money the purchasing power of your money will decrease due to inflation. because the value of inflation is always higher than the value of bank interest. so saving money is actually a loss not a gain.
So investing and saving is good and good which one is of course investing is better than saving.
iam preffer investment if compare saving

This is short sided and not necessarily true.  It all depends on the rate of inflation. "Saving" money can also mean several different things.  Right now here in the United States you can find savings accounts paying around 4-5%.  If inflation is say , 3%, then technically you aren't losing anything.  There are some sort term CDs that beat the rate of inflation currently.  Again, savings can mean a lot of different things.

Yes if a country has a low inflation rate and a good amount of interest is available from the bank then saving is not bad. Because he will get a good profit in addition to the value of his money. But saving in a country where bank APR rate is low and inflation rate is high is unwise. Investment is somewhat risky but in any case it is good investment because it holds the value of the money and brings a lot of returns. Which savings can never do. So one should consider the situation of each place and then decide who should make savings and who should investment

[Mate2237]

Now what I discovered is even in bitcoin we can save. As I said it in one of the topic just now. When someone buy bitcoin in the time of the dip and when bitcoin rise to the All Time High and you are still hodling then it is no longer investment again then it is called saving. Probably you are saving for your children I. The future and even if bitcoin price comes down, you don't bother and even if it goes up you don't bother. And all you wants to see the peak of bitcoin. In the normal sense of investment. You buy the coin when the price is very low and keep it in your custody and when the price rise to your satisfaction then you sell them out and rebuy it again when the price is low.

Though I understand your point of argument but I was trying to make you to understand that even in bitcoin you can save. Then coming back to the topic at hand. Those who saving in the fiat currencies have not really understand the cryptocurrency investment. And investment is much more better than savings. It is only in some Banks that you can get small changes in your savings but in investment it is purely for business.

[arimamib]

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Agreed, it doesnt mean that when only focusing on the investment that is done we do not need anything for daily life and it would be very silly if we do not have any emergency fund because the future cannot be predicted and we will not know what will happen in the future so the emergency fund is still very important regardless of whether it will be used or not I think it does not matter but it must still exist.

We must realise that investment is not limited to just saving and taking it when we need something without seeing the advantages or disadvantages that we have because the concept is not like that. This requires a longer period of time so we must be able to manage and balance our needs in everyday life, investments and emergency funds that must be owned.

Dont just have an investment then we forget this because even though emergency funds are sometimes considered trivial but in some conditions it is a very important thing and must exist.

Saving is just a must for financial security, it's a fundamental pillar of personal finance. It offers stability and peace of mind. Investment can't be done with the saving, because it has risk that can harm the financial security. Investment can offer higher returns that have the potential to outpace inflation and preserve or even grow the value of money over time. Investments can provide avenues for diversification, potentially spreading risk across different assets or markets.

The decision between saving and investing should be based on the financial goals, risk tolerance, and the prevailing economic conditions. Making the decision needs to assess the inflation rate, interest rates, and investment opportunities in each specific context to make informed decisions that align with the financial objectives.

[GideonGono]

For quite some time now we have been hearing about savings and most people who are working in some oil firm or some civil servants so much believe on saving and their pension. What if those savings are turned into investment what do you think could be their results by now extremely rich or wealth?
No wonder teacher or lecturers are not wealthy due to their this mentality of thinking we hardly finds out a very wealth teacher across or locality.

For long have been around here seems like people who belongs to this world think much of investment than savings while the real world focuses more on savings but if I could recall correctly, any money in savings doesn't yield and add to the account while investment is what gives us money or profits at every end of the day week or month irrespective of how little it could be it's better to have investment than savings.

What do you think?

I've seen how price of food or necessities go higher so for me saving for a long period of time is a waste of both time and money.
It would be better to invest it rather than keeping it on fiat, if they plan on holding fiat the amount would always be the same while the value could decrease due to inflation.
But if they would invest it the amount value of their asset could grow over time which could give them a huge profit, of course it would also depend on where they would invest it.

[red4slash]

Agreed, it doesnt mean that when only focusing on the investment that is done we do not need anything for daily life and it would be very silly if we do not have any emergency fund because the future cannot be predicted and we will not know what will happen in the future so the emergency fund is still very important regardless of whether it will be used or not I think it does not matter but it must still exist.

We must realise that investment is not limited to just saving and taking it when we need something without seeing the advantages or disadvantages that we have because the concept is not like that. This requires a longer period of time so we must be able to manage and balance our needs in everyday life, investments and emergency funds that must be owned.

Dont just have an investment then we forget this because even though emergency funds are sometimes considered trivial but in some conditions it is a very important thing and must exist.

Saving is just a must for financial security, it's a fundamental pillar of personal finance. It offers stability and peace of mind. Investment can't be done with the saving, because it has risk that can harm the financial security. Investment can offer higher returns that have the potential to outpace inflation and preserve or even grow the value of money over time. Investments can provide avenues for diversification, potentially spreading risk across different assets or markets.

The decision between saving and investing should be based on the financial goals, risk tolerance, and the prevailing economic conditions. Making the decision needs to assess the inflation rate, interest rates, and investment opportunities in each specific context to make informed decisions that align with the financial objectives.

I've a slightly different view on this, because in my opinion when you really want to save and invest , it is not a mistake and it can still be done, its just that you need to know that if you do this, you must be aware that by doing both, you must manage your finances well so that the income you have minus the expenses you want to do doesn't hinder the investment and savings that you project for the future .
Having an emergency fund in the end will make us a little more comfortable when something unwanted happens but on the other hand we can also still make investments for our future progress for the better so it isn't wrong if you really want to do both . Although surely this will be very difficult to do, it doesn't mean that this cant happen . If indeed we are not able to do both then focus on the one that you think is sure where you will stand but it also doesnt have to eliminate the emergency fund because it is an important thing that must still exist.

[lalabotax]

Saving is just a must for financial security, it's a fundamental pillar of personal finance. It offers stability and peace of mind. Investment can't be done with the saving, because it has risk that can harm the financial security. Investment can offer higher returns that have the potential to outpace inflation and preserve or even grow the value of money over time. Investments can provide avenues for diversification, potentially spreading risk across different assets or markets.

Indeed. Savings functions as reserved money, it will ensure to have the money for the urgent needs or emergency in the future. Sometimes people also have savings to fulfill certain goals in the future. So, savings is the way to provide money for the needs in the future. We can't supply the money suddenly, that's why we need to have savings to have it.

Sure, it is different with investment. When we have investment, it should have some risks. There are also investment that has high risk such as the investment in crypto coins. So, we can't ensure the reserved money in the future in this way. Although it offers high profits but it is worth with the risk that it possibly loses money.

The decision between saving and investing should be based on the financial goals, risk tolerance, and the prevailing economic conditions. Making the decision needs to assess the inflation rate, interest rates, and investment opportunities in each specific context to make informed decisions that align with the financial objectives.

Of course, we decide to have investment or savings based on our financial goals. Savings must be used to make us having the stability in investment. Meanwhile investment functions to let us having the chance to change our financial status. With investment, we have the chance to gain profits, it may make the financial status be better in the future if we succeed in the investment.

[dansus021]

Back then I do believe in saving hard cash I mean money that I can physically touch or I put in the bank but after knowing crypto, knowing about stock and watch different movie now I do believe in investment.
I mean both are important, but in a pie chart I would prefer to put 25-30% in liquid cash and rest of it in investment.

I said a lot fiat is losing its value and inflation is increasing time by time so 1$ today will be different with dollar in the next 10 year or so. Investment is actually save us for the inflation etc Gold or Bitcoin is move above the inflation rate and could make us safe

[Mame89]

Back then I do believe in saving hard cash I mean money that I can physically touch or I put in the bank but after knowing crypto, knowing about stock and watch different movie now I do believe in investment.
I mean both are important, but in a pie chart I would prefer to put 25-30% in liquid cash and rest of it in investment.

I said a lot fiat is losing its value and inflation is increasing time by time so 1$ today will be different with dollar in the next 10 year or so. Investment is actually save us for the inflation etc Gold or Bitcoin is move above the inflation rate and could make us safe

Correct. In the past, information and developments were as easy to obtain as they are now, many people thought that saving at the bank was the best. However, since modern times, technology has increasingly developed, both savings in banks and investments, both of which are very important for us to include in our financial planning.

Indeed, the goals of both are similar for future financial freedom, but many people confuse investing and saving. They think one of them could be an alternative to achieving financial freedom. However, the reality is that saving is clearly different from investing. Because savings are just money that can be used at any time during an emergency, while investment is not like that but is for the future because with investment we will get much bigger profits in the future, whereas with savings it doesn't give big profits, in fact what happens instead it loses value due to inflation.

So I myself believe in investing in bitcoin and gold more than saving even though investment still has a high risk. However, I believe that the higher the risk, the greater the benefits we can get to achieve financial freedom in the future.

[Baki202]

Back then I do believe in saving hard cash I mean money that I can physically touch or I put in the bank but after knowing crypto, knowing about stock and watch different movie now I do believe in investment.
I mean both are important, but in a pie chart I would prefer to put 25-30% in liquid cash and rest of it in investment.

I said a lot fiat is losing its value and inflation is increasing time by time so 1$ today will be different with dollar in the next 10 year or so. Investment is actually save us for the inflation etc Gold or Bitcoin is move above the inflation rate and could make us safe

People have gotten wiser and only a few people are still saving cash all they do is invest in crypto and most of our parents still prefer to save cash than have an asset online. and some of them have an idea about crypto but they don't seem to have an interest in investing All these online assets are mostly patronized by youth and with these qualities, you can both use them as an asset and as a means of payment. Since a lot of big businesses accept virtual currency as a means of payment, we just need more time before people will finally accept it.

people who are into stocks are doing very well for themselves. That is currently the trend of making money so if you are not doing either, it looks like you are old-school, and it seems the period for fiat is already going so it is losing value and in no time people will turn to virtual currency for backup. just as gold and dollars. Very soon, it will happen.

[bots1]

For me, both are good and indeed I do both. However, I am more inclined towards saving. So when I have money I always divide it into two, namely, 70% for savings and 30% for investment. One of the reasons I invested less money was just in case because I didn't know whether the investment would work or not. Even if it doesn't work, at least I still have savings and even if the investment is successful, I don't really care, even if the profits are small, the important thing is that the money is safe and done regularly.

[GiftedMAN]

What do you think?

This is the angle that I see savings and investment,  basically you don't just invest with nothing you invest with money right, now the amount to be invested must be gathered that's another way to save money before using it for investment so I think the amount of money to be used for any investment has been saved before been invested into something else. On the other hand, saving a good amount of money in the bank that adds no interest to you is totally a waste of time in my opinion this is because for someone with good investment plans, you can save some amount for back and then invest some certain amount to be multiplying your money.

Most times people are scared of investing their money because of lost of funds but I don't blame them because they may not have a good investment strategy in this case I think it is better to allow people to choose what they want to do with their money whether they want to invest with it to make more profit or they just want to save it where they won't have profit.

[BITDV]

Saving will not increasing our wealth, in fact saving just decrease our value(money) because of inflation. Investment can increase our money but thats not guarantee, it depend on your investment, investment also can get lose.

What i think is split my fund into two fund, one for investment and other one for saving, I give 40% for investment and 60% for saving.

However in investment we should make good decission to avoid lose

[OrangeII]

Back then I do believe in saving hard cash I mean money that I can physically touch or I put in the bank but after knowing crypto, knowing about stock and watch different movie now I do believe in investment.
I mean both are important, but in a pie chart I would prefer to put 25-30% in liquid cash and rest of it in investment.

I said a lot fiat is losing its value and inflation is increasing time by time so 1$ today will be different with dollar in the next 10 year or so. Investment is actually save us for the inflation etc Gold or Bitcoin is move above the inflation rate and could make us safe

Yes, I also prefer to invest rather than save the money. Investing has many benefits compared to saving. such as being able to increase the income we have, or being able to increase the value of the investment itself. However, this will have a positive impact. Starting from increasing the capabilities we have, to increasing assets. Although both are important, I also tend to invest more.

[taufik123]

Yes, I also prefer to invest rather than save the money. Investing has many benefits compared to saving. such as being able to increase the income we have, or being able to increase the value of the investment itself. However, this will have a positive impact. Starting from increasing the capabilities we have, to increasing assets. Although both are important, I also tend to invest more.

Seeing how passionate you are to invest, you should also be aware that this type of investment is quite a lot.
If we talk in this forum, of course the type of crypto investment will be an option.

But do you know what are the risks and benefits, because crypto investment cannot only be done without basic knowledge.
You need to know how to choose a good coin for long-term investment, so that you will have a fairly good increase in the value of the asset.

Management is needed to support a good investment so that there will be no decrease in value in your asset ownership.

[Fakhrulenclix]

Back then I do believe in saving hard cash I mean money that I can physically touch or I put in the bank but after knowing crypto, knowing about stock and watch different movie now I do believe in investment.
I mean both are important, but in a pie chart I would prefer to put 25-30% in liquid cash and rest of it in investment.

I said a lot fiat is losing its value and inflation is increasing time by time so 1$ today will be different with dollar in the next 10 year or so. Investment is actually save us for the inflation etc Gold or Bitcoin is move above the inflation rate and could make us safe

Yes, I also prefer to invest rather than save the money. Investing has many benefits compared to saving. such as being able to increase the income we have, or being able to increase the value of the investment itself. However, this will have a positive impact. Starting from increasing the capabilities we have, to increasing assets. Although both are important, I also tend to invest more.

Don't forget about the risks, there is a difference between saving and investing, saving will not involve any risk but there is no possibility whatsoever, it is also different from investment which has risks but has the possibility of profit.

Of course, if we already have insight and knowledge, it is better to invest because we will get a lot of benefits in the future, the first is the increase in money profits due to investing and the second is increasing knowledge and knowledge about investment which is very useful for the long term.

[TheUltraElite]

However in investment we should make good decission to avoid lose

Investments will incur losses, without that it is never an investment at all.

Of course the point of savings is to provide funds in case of emergency. You might be able to milk that Bank's fixed deposit rate but it will not lead to huge returns. On the contrary investment carry a higher risk:reward ratio and they might be able to give you higher profits depending on the type of asset.

Hence we need both of these to be able to sustain a proper future.

[BABY SHOES]

However in investment we should make good decission to avoid lose

Investments will incur losses, without that it is never an investment at all.

Of course the point of savings is to provide funds in case of emergency. You might be able to milk that Bank's fixed deposit rate but it will not lead to huge returns. On the contrary investment carry a higher risk:reward ratio and they might be able to give you higher profits depending on the type of asset.

Hence we need both of these to be able to sustain a proper future.

Without investment there will be no progress towards becoming rich, but doing the courage to take risks then there is no change at all.

Yahh that's right we can't fully invest all the money we have to maintain a balance so that it's all what is needed, with an emergency fund you will not cross out the ongoing investment so when there is no emergency fund investment funds will be withdrawn to make needs even though it is not on target.

With investment we are free to choose with high / low risk but with high risk they will be faster to get rich but it's not a matter of easy or not it depends on how you do it because it requires skills that are mastered.

[indah rezqi]

Without investment there will be no progress towards becoming rich, but doing the courage to take risks then there is no change at all.

Yahh that's right we can't fully invest all the money we have to maintain a balance so that it's all what is needed, with an emergency fund you will not cross out the ongoing investment so when there is no emergency fund investment funds will be withdrawn to make needs even though it is not on target.

With investment we are free to choose with high / low risk but with high risk they will be faster to get rich but it's not a matter of easy or not it depends on how you do it because it requires skills that are mastered.

The best and fastest way to achieve financial freedom is to invest. Talking about risk, of course we realize that there is no activity without risk. Courage in taking risks lies in mature calculations, the more someone understands about the form of investment being made, the more courageous they are to take risks. That's right, we also have to make good calculations by dividing the amount of money we want to invest, lest along the way we have to change our decision again because of one thing or another.

Personally, I see that everyone who has a fixed income can invest in the long term, by dividing their income into several parts. Every month we can increase the value, in my opinion this is better than saving, where the money we have will not increase. On the other hand, with the convenience of today technological advances, we can easily access information to learn about investment types and models and the risks involved if you want to start it.

[dunfida]

Without investment there will be no progress towards becoming rich, but doing the courage to take risks then there is no change at all.

Yahh that's right we can't fully invest all the money we have to maintain a balance so that it's all what is needed, with an emergency fund you will not cross out the ongoing investment so when there is no emergency fund investment funds will be withdrawn to make needs even though it is not on target.

With investment we are free to choose with high / low risk but with high risk they will be faster to get rich but it's not a matter of easy or not it depends on how you do it because it requires skills that are mastered.

The best and fastest way to achieve financial freedom is to invest. Talking about risk, of course we realize that there is no activity without risk. Courage in taking risks lies in mature calculations, the more someone understands about the form of investment being made, the more courageous they are to take risks. That's right, we also have to make good calculations by dividing the amount of money we want to invest, lest along the way we have to change our decision again because of one thing or another.

Personally, I see that everyone who has a fixed income can invest in the long term, by dividing their income into several parts. Every month we can increase the value, in my opinion this is better than saving, where the money we have will not increase. On the other hand, with the convenience of today technological advances, we can easily access information to learn about investment types and models and the risks involved if you want to start it.

No one becomes rich on working 8-5 job and this is in fact the reality and this is why to those people who are really that having plans on having that a life on which it would be something progressive then they would really be tending up to be that taking that investing and building up a business kind of venture on which this would really be something that could give out that kind of probability on which this is something that you would really be needing up to consider if you do have plans on making yourself having that progress in life. Of course we shouldnt be forgetting about on having savings because these are funds on which it is really that something
that have its purpose. It is really just that there would really be those people who would really be having that kind of risk taking and this is why they would really be having those chances or having a shot
on getting those potential profits which could cause their living to be more than on what they do have in the past.

[Cookdata]

saving and investment both have importance in a people life, because if you invested all of your money then if suddenly you need to money when you will suffer,
so saving is also very important, and it will be very helpful when you will face trouble. i am investing 60% and rest of the money for saving, although saving is loses because of inflation.

Why do you have to invest when you don't have money to take care of yourself. To invest is to stay healthy and to stay healthy you must have enough to look after yourself. You can't invest when you don't have basic things, you might not have all what it takes to live life but you must have atleast the basic things to survive otherwise you will sell your investment without looking back.

If you are making an investment, you should have a little that you can use to survive or better still get a job to take care of bills because investment don't grow over night, it takes time depending on the type of investment you have made. You can also save for rainy days if must but don't touch your investment.