Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
bitlancr
on 17/08/2016, 20:53:48 UTC
wowww 312 pages for answering to such question, but honestly there is no absolute answer to this question, it depends... on your money, your wealth..

That's true but if you really want your money to grow then I think you should invest your money to get benefits from it in long run as saving will never allow you to grow your money.
If you invest your money then you are accepting the risk of losing all of your money and it is not good..!

So you think that people should not invest money at all? If you will not take risk of investing then you will never become rich in future only with savings.
No we have to invest but we should not think investment is tantamount to guaranteed profit.


In fact in some cases people lose over 50% of their initial investment which makes me think that people should educate them self better.
If you want money you need to work for it/research.