Do you believe in savings or investment

[CryptoBuds]

What do you think?

Both have advantages and disadvantages. But if you think investing is better than saving because your bitcoin investment is giving you profits, but have you thought about the situation where your investment is at a loss? If you have no savings, you invest it all in bitcoin and lose, what will happen to you?

Many investors are starting to profit and they think they are smart and always make wise choices, they forget one thing that everything has pros and cons. In addition, if saving or keeping money in the bank is stupid, why do billionaires and businessmen, in addition to investing in many other assets, they always keep a huge amount of money in the bank?

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[Barikui1]

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?

What I actually think about saving is that, to me, it's not ideal thing to do in this current economy because ten thousand dollars now and ten thousand dollars 5years later is not the same, because inflation reduced the value of any money that is being saved up.

While Investment is much more ideal to me, because even if I just want to hold my money without taking much risk, I would hold it in anything that appreciate in value overtime, so to me investment is more logical, because it makes more money for you unlike savings that is static and got eaten up by inflation.

[maknyos]

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 don't want to discredit a teacher with a minimal salary and an uncertain retirement. Because the problem is not that they don't invest, but that the government's guarantees for teachers and honorariums are not paid attention to. Teachers deserve large allowances because their services to education are very important. At my place, honorary teachers really experience serious problems and it is worrying that their monthly salary is only around $15/month. Imagine with that little money they don't have anything to consider investing. Even living expenses alone will never be enough. So this is not to encourage them to invest, but rather to guarantee that their salary must first be stabilized and adjusted because after everyone can meet their needs, I am sure there will be additional options to expand their income, whether doing business, saving or investing.

Those with non-civil servant status have very small incomes, it is impossible for them to invest if they do not have income from other sources. If they have enough income, I think they will want to do it like other people too. Sometimes even daily needs cannot be met, especially if they have responsibilities for their family and children. The government should be able to think of a solution to this problem, how to guarantee the future of educators like these teachers, so that they have economic stability/stable income.

[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

Yes, due to inflection, the value of money decreases day by day, but when one invests his money, instead of reducing the value of his money, it is possible to earn more profit. investment is definitely better and profitable than savings. But it is good to have some savings to deal with emergency times but not all life savings should be done. So everyone should focus on investment even if there is risk in investment

[Patrol69]

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?

Both savings and investment are needed and both are needed simultaneously. I am telling you how saving and investment are both necessary at the same time, assuming you invest and your plan is to hold your investment for a long time. If you invest all your money in holding an investment for a long period of time and later you have no choice but to sell your investment if you face a financial crisis or financial need. In case you don't have to sell the investment later, you have to save some amount of the total money and invest the rest of the money so that if you ever face financial problems, you can meet your needs from the money you have saved.  By doing this you will not need to sell the investment with profit or loss but you can hold the investment as per your plan. Beyond that there is a need for savings, so I will look at investing as seriously as saving.

[snowpega]

What do you think?

Actually, these teachers or lecturers are working under the system & system makes their mentality weak i hope you are getting the term here "system" These teachers and lecturers are not growing due to their mentality of working under someone who used to give them a specific amount. We are also prey to that system as we are getting an education by spending half of our life and once we have done with our studies that system offers us a job to work under them instead of that they should educate us how to run a successful business.

If we want to achieve success in our lives we have to work out of that system well this is the reason we have never seen a teacher as a rich personality. We should learn different skills and implement them in our physical life and this may help us to grow fastly in real time. Besides this if we talk about saving amount over investment. in my opinion, investing somewhere is a good thing but we should never invest all of our savings at once because in case, If we have lost our invested value we are still in safe hands. Playing safe is the best recommendation. Many Thanks!

[m2017]

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.

A pension has one significant drawback - it is the inability to withdraw accumulated pension money when you want it. But people who believe in the pension system have another drawback - this is the likelihood of not living to see their pension (or not living long after retirement). Investments don't have this drawback (with the proviso that you will withdraw the invested money without loss). Investments provide greater financial freedom than pensions, but the latter turns out to be more stable.

A pension is suitable for those who are not ready to manage their finances on their own, while investments are for those who are ready to be their own bank.

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?

Of course, the differences between this world and the real world are very noticeable. Just ask the question, how many savings advocates drive a Lambo? And among investors? The answer to this question puts everything in its place. It sounds a little exaggerated, but the truth goes something like this.

[boty]

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

Yes, due to inflection, the value of money decreases day by day, but when one invests his money, instead of reducing the value of his money, it is possible to earn more profit. investment is definitely better and profitable than savings. But it is good to have some savings to deal with emergency times but not all life savings should be done. So everyone should focus on investment even if there is risk in investment

By investing we will indeed be able to maintain the value of the assets we have and also the possibility of increasing the results we have invested and by saving the money we save will not decrease in amount but will decrease in value with inflation, of course we must have savings for emergency needs because if we don't have savings for emergency needs and only focus on investment, of course when we experience emergency needs then we have to take what we have invested whether in a state of profit or loss and if we are in a state of profit it is certainly not a problem but if the investment target has not been achieved then we will experience failure in investing because we don't have funds for emergency needs, so when investing, of course we have to prepare for emergency needs so that we can invest to achieve the profit target we want.

[jasonjm]

Having all your money in a bank account will not help you in the long term because of inflation and the devaluation of the currency. On the other hand, if you invest all your savings into stocks or property, you will have nothing left for the rainy days.
Although both Saving and investment have pros and cons, I believe both are important for a person's secure future. In the end, you must have a balance between the two. The reason for splitting your money between investment and savings is that if you have all your money in investments, and an emergency occurs, you will have to sell your stocks or property to generate funds and you might experience losses.
A person should have money in their bank for emergencies and investments should be made according to one's needs.

[GigaBit]

In this world some people prefer job and some prefer business. A person who prefers a job will argue that through the job he will get a certain amount of money at the end of the month with which he can run his family and not have to have any tension. On the other hand, a person who prefers business will say that earning money in the job is limited. There is no individual freedom. Moreover, due to the increase in the prices of daily commodities, there is also a financial crisis. But there is no certainty in business. Where a businessman is completely independent. The point of saying so much is that those who are interested in saving will be limited to a certain amount of money. Over the next few years, the value of money will further depreciate due to inflation, thereby losing the value of long-term savings. On the other hand if one invests especially in Bitcoin and holds it then there is no reason to lose the value of the money. Also in the long term there will be a possibility of getting more returns.

[AnonBitCoiner]

People are familiar with the investment but they are saving more than investment because they believe that saving amount is in your hand and you can take it out anytime when you need but in case of investment you will wait for the profit.

Investment possess the quality to increase your wealth but it also possess the risk to reduce your wealth while saving will remain same in value. Investment is also good but for it you have to find a solid platform that has more benefits and reward than risk.

[2Pizza410000BTC]

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?

Of course I believe in investing but I have never thought of putting my money in savings. There are still many people who don't understand investment well, they save in banks and government employees, if they really knew that investing is faster and more profitable than bank savings, which is 99 times more than savings, they would never have saved. Definitely keep investing. Sometimes it is seen in many posts here that the children of government officials or bank depositors after learning about cryptocurrency investment, invest their parents' money and get a lot of success from it, which makes their parents understand and appreciate the investment a lot.

[Raflesia]

I think i believe in both because with savings and investment it can make our financial growth and management better but if we are told to choose for the main choice and option then surely investment is the most important choice that can be chosen because after all with the current conditions then of course we realize that investment is much better than savings but on the other hand we also cannot forget about savings because it can also be used as an option to support our lives for the better .

The goal must be distinguished in this case because with savings, it can make us more survivable in life because if there are unexpected needs, the money from the savings we have can be an option to be used to make it easier for us to continue living while for investment it is clearly for the long term that we want to achieve to make our quality of life more secure in the longer term.

[Fortify]

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?

There's not much to "believe in", savings currently are an adequate vehicle for storing a nice chunk of any money that you might have - if you can get rates of 5% for example, but 5 years ago you'd have been receiving 1% on your savings account. You have to be fluid and dynamic in changing to the current financial environment, instead of rigidly thinking of one or the other. Most people will already be investing through their pension plans, you just have the ability to do that with any spare funds too. In fact it's highly recommended that you have an easily accessible and somewhat large amount of liquid cash, which you might call an emergency fund, that would be sensible to keep in a savings account - before you think about investing.

[Oasisman]

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?

Investment has always been the best option when you are trying to make that money work for you instead of letting it sleep in the bank's hand which gradually losses it's purchasing power more than the yearly interests.
However, most of the professional who works for the government doesn't seem to be well engaged in any of the investments (at least here in my country) simply because they always thought they are already secured with their retirement plan and pensions guaranteed as a government worker. Public teachers are a good example.
Another thing that's keeping these professionals away from investments is because they have huge amount of loans with very flexible payment terms with a high interest rates of course. Newly hired police officers in here are being offered by banks for $20k loan right after the oath taking ceremony. Some took the bait immediately and some took it on the latter. It's crazy!

[Obari]

What do you think?

Basically I think you’re speaking from the stand point of your country.
I’ve read some stories of teachers in other countries living one of the best lives simply because they’re been paid very well.
In my country, teachers I think are underpaid and considering the current state of the country with very high rate of inflation on a daily basis, it  will be difficult for a teacher with a peanut as salary to save not to even talk about investment.

Currently a lot of people are now moving from the regular jobs and seeking for jobs that gives them the leverage of personal time as I belief the first step to investment is having the adequate time which a regular 7 to 5pm job wouldn’t give to you.

A lot of people in the present world would want to invest if given all it takes but you ought to understand that investment has its own risk and not everyone is willing to take that risk as a lot of them would prefer to save the one they have rather than risk it and there are also several Africa sayings that backs savings than investment and you don’t have to blame anyone who prefers to save rather than invest.

[stomachgrowls]

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?

We do know and should have realized that not all would really be having the idea nor the knowledge that they could have here on crypto space on which there would really be those people who would really be that skeptical on dealing up with crypto on the time that they would really be able to experience it out along the way and having those kind of new words and new methods when it comes to those known or obvious reasons
then they would really be making out those kind of impressions whether they would really be able to do it or something that do speaks about they would be simply avoiding it.

When it comes to savings then its true that it doesnt really generate income or earning and this is why some people would really be tending to risks it out because they do know
that opportunities on making your life better is there specially if the said business would really be able to boom out on which it would really be causing up that
too much hype.

[Cryptomultiplier]

An individual should first of all consider how much income they receive before they can tell which is the best practice to abide by.
Someone who earns a meager income should be more focused on long term savings inorder to fulfil a goal which in a better sense is an investment that is expected to yield rewards. It doesn't apply strictly to only those who earn meager income, because even a person earning much more might decide to save money but it is the method they choose to do so that counts.

There really isn't much difference between savings and investment, it depends on the point of view of the person.
Whereas investment could be in many forms, to me, nothing beats keeping some funds aside for future purposes and contingencies.

[inthelongrun]

I grew up from a poor family with a lot of hardships. I noticed how small the take home pay of my father after a lot deductions from loans. So I developed a mindset to never take a loan as much as possible. Having a business was also in my mind but I was busy with my job so all I can do is to save. Saving money was everything to me back then. I dream of paying cash for my house and car.

Until I realized, I cannot save more than enough to achieve my dreams and financial freedom. I resigned from my job and worked abroad. Everything changed, almost all of the extra money from my regular salary went to different types of investments, usually stocks and crypto. It's mostly from my crypto investments that made my assets grow.

[Distinctin]

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 don't want to discredit a teacher with a minimal salary and an uncertain retirement. Because the problem is not that they don't invest, but that the government's guarantees for teachers and honorariums are not paid attention to. Teachers deserve large allowances because their services to education are very important. At my place, honorary teachers really experience serious problems and it is worrying that their monthly salary is only around $15/month. Imagine with that little money they don't have anything to consider investing. Even living expenses alone will never be enough. So this is not to encourage them to invest, but rather to guarantee that their salary must first be stabilized and adjusted because after everyone can meet their needs, I am sure there will be additional options to expand their income, whether doing business, saving or investing.

Not just for teachers but also all those minimal income earners. I believe majority have the urge and passion to invest but because their funds are insufficient, it’s hard for them to take an extra mile and finally invest when all of their salary just go directly to sustain their basic needs. How can we expect to see them investing when even saving a portion of their salary seems like impossible for them.

Many people would say that everything depends on individual mindset and how they manage their finances. But when you’re actually the breadwinner, you certainly have all the plans to save and invest, but the topmost priority for survival should always comes first.