Quote from: madwica on September 21, 2016, 01:44:44 AM

Quote from: Harlot on September 21, 2016, 01:17:15 AM

Quote from: wxa7115 on September 21, 2016, 01:07:23 AM

Quote from: saiha on September 20, 2016, 11:11:25 AM

Quote from: Etaurith on September 20, 2016, 10:52:21 AM

It is better to save money with most of the money and invest a part of it saving money will be something which is sure but investing can have negative results. So I'd pick a little bit of both.

In what part did saving has negative results? I don't think that saving is going to have negative results at all because I know it has positive results.

Because you are the one who is going to benefit it if you are going to be a good saver of money. Just like a kid they are treating saving as investment.

Because they are going to benefit it in the future or if there is an emergency happening.

Well believe it or not, saving can have negative interest rates, for example there are some banks, that instead of giving you positive interest rates have negative interest rates, the banks are charging you money for the privilege of holding your hard earned money!

I can't believe that people think of Banks as a form of investment, no they are not as banks are only good for saving money or losing money from inflation. Also I would encourage for people who don't want to take risks you should go to mutual funds or money funds, they give a steady increase more than banks do ans it is much safer than the stock market.

I think for those people using bank to put their money it was very easy to withdraw anytime they want specially if there is emergency case that comes in their life they can easily go to the bank and withdraw their savings, but if you have more money enough i think your recommendation is good that is better to put the money in mutual funds than stock market.

Your idea is good but in my case I would always choose to invest in bitcoin rather than putting my money in mutual aid fund or stocks. Actually, that was my first idea before when I have still a little knowledge about bitcoin, but now that I have matured, I was able to analyze that investing in bitcoin has more benefits.