Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
Kevin77
on 20/10/2015, 17:56:31 UTC
Is it better to save money in bank or invest it online, in real estate or maybe gold?

Saving money in a bank is what I would do.  Investing is risky and requires time and effort.

Saving money in bank is not a growth related action. It's just a protection to your money. The bank interest rates are always lesser than the inflation rates which would make your money would not be sufficient after next 5 or 10 years equivalent to current worth for a living.