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Quote from: jerol31 on March 26, 2015, 12:25:04 PM

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.

The difference must not be misunderstood, also it is important to know the purpose of savings and investment in order to properly do it. A person may not invest but it is necessary to save for the future, investing is only applicable to us if we are not contented with our life now and we dream to have financial freedom in the future.

As far as I understand, we are opening a business or even the same investment only for the future and for a normal life. A saving of their income is still a component of earnings. I like when my account is a certain amount of money, which I can have on your own. And if I would invest them, free access to the money would not be.