Re: Is it better to save money or invest it?

Is it better to save money in bank or invest it online, in real estate or maybe gold?

Whenever, saving money in all aspect was always a good idea, no doubt about it. If you want to make profitable your money it is much better to do Invest into something that you can roll your capital in the business you think it will benefits you. like example if you invest some of your bitcoin into it, surely it will have profit in the near future, or you can do trade in the trading exchange platform.

If i do have the money i will surely save some of them and invest some of it because its really good to diversify your money for future profits. This is really a good move and you are right saving money in all aspect is really a good idea because time will come you will surely benefit on that.

I don't thinking saving and investing money can be called diversification of your money. In order to diversify your money you need to allot it in different investments or sectors of stocks. Saving money is good but it won't be part of your diversification because it won't move at the same time with your investments, it would just be stable and won't earn anything.

That's right investments can be diversified but not the savings as you are keeping your money idle either in your hands or in the banks and you saving will not grow over a period of time so I think its better to invest in different products to grow your money in long run.