Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
WEBcreator
on 12/09/2016, 05:16:54 UTC
for this, I would choose both, to save money so that if one day we need, we could use it. invest for can make make money increased

Yeah, choose both is a good idea imo. You can save money and also invest some of your money. I think both combination is really good and i'm sure it will work well.

I agree, it is better to do both. If emergency happens and you don't have savings then your investments will be ruined because you will get your momey there because you have no savings. But if you have no investments your money won't grow more. You will just rely on your monthly salary and it will be difficult if you have no investments when you retire.

I agree in saving money it is okay but we cant say that we can earn lot it just playing safe but investing your money it is risky but you can gain a lot or more of not like storing you money in you wallet.

Nothing is risky at this point, either you save your money and see how the inflation keep on affecting you each year or that you try to gain more by investing. Obviously the best idea is to gain more, everyone is going with the same idea if they notice how inflation is actually cheating you up