Quote from: Swainy on September 12, 2016, 01:02:38 PM

Quote from: OnkelPaul on March 26, 2015, 12:55:39 PM

Investment means giving the money to someone who uses it for their business and pays you back a dividend (and you normally get some kind of share that can be sold later). Think stocks.

"Save in bank" is actually a kind of investment. You give money to the bank, they use it for their business and give you a small interest (if at all) as dividend, and you can withdraw your money. With current interest rates, this is pretty boring, the only advantage compared to keeping money in a safe at home is that it's easier to do most types of payment, and that you don't need your own safe...

Buying precious metals is not an investment because those metals won't work with the money you paid for them. It's mostly speculation (you hope that you can sell it for a higher price) and safekeeping (real value of money can fall due to inflation, while precious metals will mostly retain their "real" value). But you need to consider storage fees.

To decide which is better you need to know what you consider "good".
Do you want to maximize your ROI? Do you want to store your wealth safely? Do you want to enable entrepreneurs to build their businesses?

Onkel Paul

Investing money is always a good idea because investing means most of the time nice profits but also saving money can mean allot of profits becuase you have always some money left for later you know and that counts also.

Investing will always be the better option that saving alone because we want to grow our money in the future therefore we need to understand that in investing we could also lose our money, that is how it works and you cannot change that, so if you are willing to invest then you should also take the risk.