Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
Caladonian
on 26/10/2016, 11:23:19 UTC
Is it better to save money in bank or invest it online, in real estate or maybe gold?

Save it on bank for sure !
Invest it online is the risky way to safe money

I going to invest it with gold and in real estate if I've more money.

Sometimes we can't predict all things that might be happen such as hacking or robbery incident. So at least we have prepare some of it

There are risks and negative outcomes in almost all cases.

House and land can depreciate or be destroyed.
Cash is ofcourse not such an easy thing to store for 20 years
Gold is a fluctuating investment too.

All you can do is take chances and stay prepared.
The best way is save a half and invest quarter what left,
The idea of savings for future plan and just in case you need something.
Investment is one of your effort to make money, it will be nice as extra money. Of course investment is risky, so make up your mind and do research first before investing.
just to add , you already here in btc so better to work with your knowledge because for me bitcoin is one of the best investment that we can get good profits in returned, knowing more about it will make it more bigger, so lets say you are saving and you are also investing think of making it combine by buying btc as savings and study alt trading as investment.