Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
arseaboy
on 14/11/2016, 04:06:02 UTC
Invest it but, wisely.

Saving money just devalues your assets over time due to inflation.

To stay ahead of the value of your assets you need to continue to grow the value.

Plain and simple.

This is true.  Fiat money inflation depreciate the value of the money you are holding. So if you hold or save your money for 10 years, the current value will not be the same for the next 10 years.  This is the reason why most of financial gurus advice us to invest our money in order to beat the depreciation of our money value.
Yeah investment will help in growing our money in long term which is never possible with saving as inflation will eat all our money and will decrease the value in future, no doubt investments are risky but with proper research that risk can be minimized in order to receive good returns on our investments.
It will help your grow your money and there's no question about that, everyone should know how to invest and must be willing to take the risk. Both are good but investing is better if you aim to have a good financial standing in the future, you have to play your card if you want to be successful.
That's true. If you're looking to gain your money you have to invest it and work for it.. it's risky and need to focus on.. saving money let only make your money sleep in a bank and nothing happens they may some interests but not too much as compared to investing it.