Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
jossiel
on 20/10/2016, 06:35:41 UTC
Saving currently isn't really interesting as a normal savings account gets you about 4% interest per year. if you have money that you'll not spend the comming years it can be set at 6-8% each year but the downside is that you can't acces your money for 5 years. Are you be patient with it?

For me, I don't care even your savings is just going to earn 4% per year because that is just going to be sleeping in my bank account.

And since we are in bitcoin it is a good thing that I will going to save my bitcoins because I believe that I will earn good in future.

So investing and saving for me is just the same.