Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
Orion25
on 23/02/2017, 05:09:40 UTC
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.
Savings and investments are different things, and are comparable with each other. If a person can revise their earnings, the money saved can be put very conclusion and it will be even better than just spend it.