Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
dawnpot
on 28/11/2016, 23:10:41 UTC
For me it is better to save money than to invest , In investing you can lose your money there in any chance and you don't have a control to it if you just deposited your money and the withdrawal it self is not automatic the website is probably scam saving money or holding them is really good too. Save your profit and hold them till you need them.
Save money is never a good idea to have a constant profit. Inflation can easily kill you. If you save $1000 dollar this year which can help you to buy a Macbook pro, I can ensure that in 10 years later, you can never buy a Macbook pro buy $1000 anymore. Instead of saving money in Fiat, why don't you try to exchange them to Bitcoin ? Bitcoin always goes up no matter what.

I bet to differ, bitcoins doesn't always go up even though it seems like that these days and the real deal is when you need your money or when you're going to withdraw it, what if Bitcoins is at its all time low at the time you might be needing your investment money for something urgent? I'd say the safest form of investment is to buy down some treasure bills and in that 10 year span if you can't even buy a MacBook Pro at $1000, at least you must have had accrued interest on your money from the T-Bills to supplement it.