Do you believe in savings or investment

[nngella]

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 think some people use the word savings to represent their low-risk and liquid assets.  One example is your emergency fund.  You will only invest the amount to low-risk because you need the fund when there is an emergency and do not want to lose it when investing on high-risk investments.  Moreover, you want it to become liquid because if there is an emergency, you need to withdraw the money the fastest way possible.  Hence, some just call it savings because the return of low-risk investments are so small and some call it negligible.

On the other hand, some people use the term "investments" on their high-risk investments.  High-risk investments involves the probability of not gaining anything or even decreasing your capital/principal, but in return has the higher chance for you to earn higher return/interest (high-risk high-return principle).

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[justdimin]

savings only? Trying not to lose. Investment? Playing to win. Too many have been misled by the saving is enough narrative. Savings are like putting money beneath a mattress and hope it grows. Not going to happen. Consider the civil servants and oil workers clutching their pensions and savings. A survival strategy, not a wealth-building one. Savings lose value year after year due to inflation. That's growing where? Nowhere

Not the task, but the mindset is the problem with teaching. The idea that teachers can't be rich is false. How you invest and manage your income matters more than the income itself. Working with your money creates wealth, not preserving it. Investments generate wealth. Risks are part of life, my friend. Every dollar invested is a future seed. Not all will grow. Lack of planting means no yield

The idea that teachers can't be rich is the same that plumbers can't be or coders can't be or any job really. Some of them will be rich because they know what to do with money, and some of them have no clue what they are going to do because it takes time.

I personally believe that we are going to be fine if we know what we are doing, but if we do not know what we are doing and spending every dime that we get, then it doesn't matter what our profession is, we will end up with losing a lot of money. I hope that it could be understood better, it is not going to be all that easy, and it will take a while. I hope that people could do much better with time, and learn how to invest properly and could make a lot more money with their money.

[hyudien]

I don't feel that it is a mistake when someone prefers to save their salary rather than investing it. Because not everyone wants to invest their money, either because their knowledge is limited to it or for other reasons. So whether someone saves or invests doesn't matter, because both are equally good, but it's even better if both things are done together.

I agree with you, although investing can be profitable, it cannot be done by everyone, of course everyone has their own wishes, including managing their money. I myself don't think that saving is a bad thing, because it is a pretty good way of managing money. Many people save money to fulfill their desires, such as buying their dream property or gadgets and so on, and I think that's not bad, because then they have the will to try.
Meanwhile, for investment, of course we must have knowledge of aspects related to investment so that the investment made does not experience losses. because of course everyone doesn't want to experience financial losses. therefore not everyone invests. It's true that what you're doing might be better if we do it simultaneously, but make sure our finances are stable. Don't force yourself to be able to do both of these things simultaneously if your finances are unstable.

[MarjorieZimmermanGinger]

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.

Most people believe in savings more than investment, even though if you calculate it, savings does not make the money we have more productive. On the other hand, when people dare to take risks, the money placed in investments will be much more productive so that they can generate profits. The comfort zone for civil servants and those who work in companies trust savings more because they don't dare to take risks.

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.

I have looked at several existing investment models but I have not found an asset like bitcoin that is able to achieve such widespread adoption in such a short time. Currently, the investment protection that I do is only on investment assets other than owning gold and land, which is the step I chose previously, because I believe that Bitcoin can provide quite significant returns if someone can be patient with the investment they are making.

[Fivestar4everMVP]

Well, to simply put it in a layman's language, I would say that investment is what guarantees us a good future, but savings is what saves us in times of urgent and unexpected financial troubles.

If we take a critical look at both, we will discover that both are very important for our survival, because we need to invest, and at the same time, have savings; to have a balanced equation.
For if we have investments and don't have saving, we might likely end up treating our investments as savings thereby, taking it out to solve issue when the investment have not grown or matured enough.
And if we have savings and do not have investment, then we risk remaining poor for the rest of our lives because, saving does not guarantee financial freedom in the future, what does that is investment, and without it, like I said before, we are gambling with our future financial stability.

So, in the nutshell, every man should invest, as well as save, we need both, for both are very important for our present and future.

[red4slash]

This issue has been discussed many times and no one forbids us to use both, why do we always want to choose one? Saving for emergencies and investing gives us the opportunity to increase our assets for a better future. Both are necessary needs for us to have a good life. But it's funny how many people act smart when they don't need to save and will invest all the money they have. Have they ever thought about what they would do if their investments lost money and they encountered difficulties in life? If they don't have savings, what will they do?

Well, if we have more finances then it would be better to be in both but at the same time there are some things that might happen including the fact that not everyone can have more money to save and invest simultaneously in a certain period of time so it needs further consideration to choose one of them.
Although sometimes this is also risky because in the end we are faced with the needs of life that we have but indeed choosing one of the investment and saving is something that must be done if our condition is a little difficult and this is where we need to find what is the better solution that we should choose between saving or investing.

We know that both will be profitable if run well but if indeed we are not able to be in both then thinking well to focus on one of them is not a bad thing either and it must be done.

[snowpega]

I think they both are an important part of your life and they both are essential in some way to everyone. Savings help you out when you suddenly need some money and your needs are to be fulfilled immediately. Investments on the other hand help us to grow our earning portfolio and increase the amount of annual earning so that we can spend well on our lives.

If one of them is missing then we will feel a lack of money in certain aspects of our lives so we have to create a balance between savings and investments as well as expenditures so that we can live a healthy, joyful yet responsible life.

Yes, I do agree with you both are important so there is no reason one should compare these two terms. In my opinion of one has a good amount of savings and he/she still keeps saving more and more, one should invest some amount from his/her savings rather than that of investing the all amount at once. There are some cases where we need emergency funds we can not fetch our amount out of investment because we know that this is not the correct time to fetch the amount out of investment.

In this way, we should always keep save a part of money for emergency needs as well. If one has invested all his/her amount at once to get good amount of profit form his all invested money in bad case he he has to face loss and luck do not help him/her in this way he/she may have to loss all his/her saving. In my Honest opinion, we should never invest all of our savings at once anywhere. what fo you think?

[adzino]

I would say both saving and investment is important and one should include both when making any financial strategies. Savings are kinda like a "safe zone that allows you to sleep in peace at night". It helps you in emergencies and ensuring security for future needs, including retirement. Remember, it is your savings that will help you when your life starts to take an unexpected turn. And yeah, investments is about a " regular growth". It gives you a better opportunity to save and grow your money, while also protecting you from inflation and losing the value of your money you have saved. You will have a source of money that will help you pay your bills, but it does come with risks. There might be months where you make nothing or suffer a huge loss. I would say it is best to have enough saved up to cover your emergencies and short-term needs, then one can start thinking about investing. And also invest money that you won't need immediately and can afford to risk for the potential of higher returns.

[stadus]

I don't feel that it is a mistake when someone prefers to save their salary rather than investing it. Because not everyone wants to invest their money, either because their knowledge is limited to it or for other reasons. So whether someone saves or invests doesn't matter, because both are equally good, but it's even better if both things are done together.

I agree with you, although investing can be profitable, it cannot be done by everyone, of course everyone has their own wishes, including managing their money. I myself don't think that saving is a bad thing, because it is a pretty good way of managing money. Many people save money to fulfill their desires, such as buying their dream property or gadgets and so on, and I think that's not bad, because then they have the will to try.
Meanwhile, for investment, of course we must have knowledge of aspects related to investment so that the investment made does not experience losses. because of course everyone doesn't want to experience financial losses. therefore not everyone invests. It's true that what you're doing might be better if we do it simultaneously, but make sure our finances are stable. Don't force yourself to be able to do both of these things simultaneously if your finances are unstable.

I think not all people aim to invest not because they’re not knowledgeable, but because they knew from the start that there are always high risk of losing from certain investments. There is no assurance of creating good ROI that’s why if they will only lose their money, then why do they have to risk their funds in investing when they can do all the saving and keeping a good amount consistently.

Sometimes, saving and investing do not compliment with each other. That’s why some people chose to stick to only one thing, either to focus on saving or stick to investing even without stable amount of savings.

[mirakal]

Well I think having savings saved up is more important then a investment. There is times is our life when we need money to have basic things like food, clothing, and shelter.

It is only a good idea to invest if we can afford to lose those funds. There is no way to make sure we get good profits from a investment. But having a savings we know our funds are safe and we can use them when we have to.

Maybe everyone has different thoughts about this, however, I think both are important. Saving is very important, but while we still have enthusiasm for business, investment will also be very important. Investment is very important because investment can give us additional income, or perhaps savings that continue to increase in value. This may be very useful when we no longer have a source of income from work. We can get income from the investments we make now.
Saving is also important because the needs we have are always there. Savings have a function to fulfill this. So, I think that savings and investments should have their own part in a person.

If you are a fan of saving, I believe you also want to take part in any potential investment since your aim is to yield possible profits and end up saving them for the future. So both are actually vital to a person, as saving a huge amount can be highly possible if you don’t rely solely on your salary but also to your investments as well.

However, not all individuals are able to realize this. It’s just that some just want to stay in their comfort zone and play safe, and just focus on saving until they yield a decent amount. Not realizing that investing can do a lot of saving once their investments have turned out to be massively profitable after years of successful operation.

[Belarge]

I think not all people aim to invest not because they’re not knowledgeable, but because they knew from the start that there are always high risk of losing from certain investments. There is no assurance of creating good ROI that’s why if they will only lose their money, then why do they have to risk their funds in investing when they can do all the saving and keeping a good amount consistently.

Sometimes, saving and investing do not compliment with each other. That’s why some people chose to stick to only one thing, either to focus on saving or stick to investing even without stable amount of savings.

Our savings and investment will do the working, it's more like showing working when it comes to the system. Investment are mainly for the promising future, one can invest and not see the current result not until several moths and years, as long it's prominent, one needs zero fear because there's certainly evidence for these startup investment. They're both important in the life role of human. I can not recall the countless times I've fallen back to my savings because they're always necessary and saving us in crucial circumstances.

[n0ne]

I think not all people aim to invest not because they’re not knowledgeable, but because they knew from the start that there are always high risk of losing from certain investments. There is no assurance of creating good ROI that’s why if they will only lose their money, then why do they have to risk their funds in investing when they can do all the saving and keeping a good amount consistently.

Sometimes, saving and investing do not compliment with each other. That’s why some people chose to stick to only one thing, either to focus on saving or stick to investing even without stable amount of savings.

Our savings and investment will do the working, it's more like showing working when it comes to the system. Investment are mainly for the promising future, one can invest and not see the current result not until several moths and years, as long it's prominent, one needs zero fear because there's certainly evidence for these startup investment. They're both important in the life role of human. I can not recall the countless times I've fallen back to my savings because they're always necessary and saving us in crucial circumstances.

Well said, investment makes the future better, whereas savings serve as the basis for investment. Investments are long term focused, whereas savings help meet immediate needs. As most of the users said, it is good to have a diversified plan where one can save 30% of the earnings and invest 50% and 20% for emergency needs. Investment gives a better rate of interest, but the same comes with risk, whereas savings aren't.. The present generation is much into investment, as the people are well aware of the difference between the two.

[Bloodseekers]

Well said, investment makes the future better, whereas savings serve as the basis for investment. Investments are long term focused, whereas savings help meet immediate needs. As most of the users said, it is good to have a diversified plan where one can save 30% of the earnings and invest 50% and 20% for emergency needs. Investment gives a better rate of interest, but the same comes with risk, whereas savings aren't.. The present generation is much into investment, as the people are well aware of the difference between the two.

What you say is very true, we must be able to do these two things well if we don't want ourselves to experience financial problems in the future, because to be able to carry out investments well of course we have to have a plan as you mentioned and this really depends on personality. someone determines the portion they will invest and save and investing of course has risks, but if we understand the risks we will face, of course we will be able to reduce the possibility of what will happen to the investment we make and in my opinion saving is also There is a risk because when inflation occurs the value of the savings we have will experience a decrease in value even though we continue to increase the amount of savings.

[fuguebtc]

This issue has been discussed many times and no one forbids us to use both, why do we always want to choose one? Saving for emergencies and investing gives us the opportunity to increase our assets for a better future. Both are necessary needs for us to have a good life. But it's funny how many people act smart when they don't need to save and will invest all the money they have. Have they ever thought about what they would do if their investments lost money and they encountered difficulties in life? If they don't have savings, what will they do?

Sometimes people don't have enough money to save and invest at same time. They have to choose one or another. If they focus only on emergencies, they won't be able to thrive financially, because all their money will be destined to this sector. So, they have to risk not saving and putting all their money into investments, expecting them to bear fruits in the future, which may come in the short or long term. It's not an easy decision, but I'm in favour of this, since it would be a very harsh, monotonous life to only think about emergencies while neglecting the possibility of achieving a more wealthy life quality in the future.

Personally, I prefer to die trying, than live an entire life without achieving anything. If I face an emergency without any saved money for it, I will die resigned, because I will be conscious to be persuing something better for me and people around, even though I failed in the middle of the process, for something which was beyond my control. On the other hand, if I lived an entire life remedying emergencies, without reaching anywhere, I would feel completely frustrated for not leaving the comfort zone and not taking risks for something better in life.

I understand what you are saying and I was also in a difficult situation many years ago when I did not have enough money to do both at the same time and I also chose to invest. We can make trade-offs and accept risks to invest and without savings, but we should not speak ill of savings or deny the importance of saving in life. It's really important and becomes even more important for people with families and children .

Some are enjoying profits from their investments and have never encountered an emergency . So they are very arrogant but I hope they will not pay the price for their arrogance because life is full of surprises.

[Ricardo11]

Personally I have always given more importance to investments. Because in the current world situation, we cannot go far with what we save. So I invest all my savings somewhere good so that it can give me good profit over time. This is saving me and my saving is increasing with time. So I always like investing.

[martinex]

Personally I have always given more importance to investments. Because in the current world situation, we cannot go far with what we save. So I invest all my savings somewhere good so that it can give me good profit over time. This is saving me and my saving is increasing with time. So I always like investing.

Yes and it good decision. I really appreciate your desire to develop an estimate of the value of your money to invest in various sectors and that is good business, meaning you are good at reading opportunities.

But, this is not the main advice, but it's a good idea if you want to enter the market and invest in crypto, enter it if the conditions are already quite good, meaning if the market situation is still frenetic, it's best to delay and save it in USDT first, then after it looks comfortable, then you can buy it. because there are still dozens of good ones that can be bought on the market, whether they have a rating of 100 on CMC or 20, they still have great potential.

[reagansimms]

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.

Another factor that makes teachers or lecturers not rich is the lack of literacy regarding investment, Their mathematical calculations favor smaller risks. Saving is a way to achieve better financial goals in the near future, but investment has many advantages compared to savings. Recently, people have begun to open their eyes to the importance of investing. One of the advantages of investment is that it can be a shield against inflation because it offers the potential for greater returns or profits than savings.

People who are still focused on saving must be able to understand the difference between the function of saving and investing. If the money is allocated as a reserve fund in the near future, saving will be the best option. However, if the money that has been collected is not used for other needs (cold money), investment is the best choice to get profits for a specified period of time.

[Youngkhngdiddy]

I don’t think having just your savings no matter how much it is would make one wealthy. Perhaps a little rich but definitely not wealthy. Problems which could arise from time to time would have to be solved and what better place to take money from than your Savings? With only your savings, one cannot be wealthy.
Investments on the other hand like you noted, protects and grows your income thereby steadily increasing your wealth. Your savings in the bank would surely be affected with the steady increase in prices over the years and the purchasing power won’t be as strong as when you first put it in the bank decades ago.

You’ll need to think of several avenues to have your savings stocked up in the bank start to generate more income for you. That’s how to attain wealth.

Saving alone can’t give you that financial freedom you’re looking for, one needs to be industrious and resources to be able to meet up with the day to day challenges of life. And to beat these challenges making profit is the only way. A successful business man does not only become successful by just saving, he seeks for opportunity and capitalize on it. He never cease to take risk when necessary working around the clock to make sure his business is going smoothly. This is kind of person is likely to become to be rich than a person who just depends on their monthly savings. Saving brings no profit whereas investment, has to do with risk, you’re likely to both succeed and fail depends what’s fate has install for you.  You can have a saving method, it can be weekly or monthly any which way, once you don’t know how to multiply those numbers it’s remains the same.
 I believe in  numbers and I love to see them adding up, not everyone is a risk taker, some people do not like to go the extra mile. The level of risk associated with an investment can vary depending on factors such as the type of asset, the current market conditions, and the overall economic environment. It's important to remember that investing is not a guaranteed way to make money, and that there is always a possibility of losing some or all of your investment. That's why it's recommended to do your research and understand the potential risks associated with any investment before putting your money into it. Investments that are considered to be high-risk include options, futures, penny stocks, and some types of leveraged investments. As the risk is higher the more money you can make from the investment.

[tsaroz]

Saving and investment both are needed. Saving doesn't make you money but investment can but saying so, you should never underestimate the importance of saving.
Even if you are extra cautious, investment won't always be on your side. All of our modern economic concept are based on increasing demand be it for iphone or cars or crypto and stocks but we are nearing a spot where there's no more population growth on developed nations. It means our investment are getting riskier than ever. And saving are at least not lost unless there's hyperinflation.

[hyudien]

I agree with you, although investing can be profitable, it cannot be done by everyone, of course everyone has their own wishes, including managing their money. I myself don't think that saving is a bad thing, because it is a pretty good way of managing money. Many people save money to fulfill their desires, such as buying their dream property or gadgets and so on, and I think that's not bad, because then they have the will to try.
Meanwhile, for investment, of course we must have knowledge of aspects related to investment so that the investment made does not experience losses. because of course everyone doesn't want to experience financial losses. therefore not everyone invests. It's true that what you're doing might be better if we do it simultaneously, but make sure our finances are stable. Don't force yourself to be able to do both of these things simultaneously if your finances are unstable.

I think not all people aim to invest not because they’re not knowledgeable, but because they knew from the start that there are always high risk of losing from certain investments. There is no assurance of creating good ROI that’s why if they will only lose their money, then why do they have to risk their funds in investing when they can do all the saving and keeping a good amount consistently.

Sometimes, saving and investing do not compliment with each other. That’s why some people chose to stick to only one thing, either to focus on saving or stick to investing even without stable amount of savings.

It's true that not everyone wants to invest because there is a risk of loss, but I think this risk of loss can still be minimized by having good knowledge. Now if we have good knowledge or good skills, will we just leave it alone? I don't think so. we have to take advantage of it because there is an opportunity to make a profit. Also, if they invest, they should be able to accept the risk, because of course there is a risk in everything, it's just that the risk depends on us, if we do it well, it's possible that the risk will be small and maybe even avoidable.
I don't think saving is bad either, but there are some people who only focus on saving. and it's not mandatory, in my opinion everyone should invest or save at the same time, because of course everyone's finances are different, it's possible that they have limited income that only meets their needs, and even saving is only occasionally or forced. .