Post
Topic
Board Economics
Re: How to save money.
by
Dotakels
on 12/05/2015, 04:03:02 UTC

but if there are an emergency and you need those money, you can't get them because they are locked(if for fixed deposit you mean that) by the bank, also the return per year is very slim

i think it's better to create a business if you want to save money, then just simply invest them, in something that has low risk

for example you could buy things on ebay and sell those at a higher rate somewhere else

i think its better to invest your money 30-40% and save your money 60% to backup if you need anything
because an investment have risk to lose your money.
Have a great risk but have a greater return.But don't worry about your investment you can make a business so that you can take over your loss in investment to your business but don't make a many business that you can't handle so you can avoid deficit on your business.

thats right, i aggre with you.
high risk high return. of course
and you risk tolerance before investing.
yeah. If you want to have a big profit you must to invest, saving is for a person that who wants to buy something or to have a extra cash in case of emergencies.

if want to have big profit you must to invest, but dont forget any high risk too
i think it's better to invest with low risk.

I guess there is no such investment because all investment sure got high risk and the payout is great and if you got some investment that have a low risk the payment sure is very low and its not worth to invest at there
Thats right no investment that low risk, even a business have risk. But theres a classification of risk, Low risk and High risk. If you invest in low risk for sure your income or your profit will also low, Vice Versa of high risk.

Yes its true but whats the point of doing low risk with the low payment? Better if you make a high risk investment and get the good payment, though both of them sure got some risk and the chance of winning it 50/50 so better gamble it whether winning it or losing all of it
I think is better to invest than gambled. because in investment you can earn a big profit than gamling. but in gambling even if gambling and investment are both high risk. in gambling you can be addicted to it and you can loss a big money but in investment, how much you invest that will loss to you.