Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
Mr. Big
on 28/09/2016, 04:44:42 UTC
If you have much money but you aren't use it, it's better to invest it than save the money. So you can earn passive income from your idle money. It's really good imo.

Even if you do not have much money, putting some of your money into investment is a good practice. YOu need to save first and if you have enough for a starting capital, invest them so you will have passive income. Just be careful where you are putting your money so you will not be scammed.

If you only have small amount of money, but you know that there is a continuous flow of same small amount coming in, I think it is really better to invest that small amount and earn from it instead of just keeping your money...It's good to practice investing in small amount and learn than investing big and end up bankrupt because you didn't learn along the way...  Smiley