Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
el kaka22
on 21/04/2017, 07:32:24 UTC
Well if you were to ask me it would be much better to save the money in a bank than investing it. Specially if I'm not in badly need of money but if I'm i typical type of individual who's thinking is to double my money i would definitely try to invest it.

it will be the best option for people that will only save their money without thinking that their money can grow for long term. but if we want, we can grow our money with investing programs so we can have double income which is from our bank account and from our investment. save money and invest money is really help us to make our money works for us but both can not work for short term so we need to decide what is the best thing that will work for us.

You are right, but sometimes it is very difficult to choose the right investment project. Now there are a lot of scammers. And often their projects seem attractive, but then we realize that they were scammers.
The thing is you have to be very careful when picking the right investment and you have to be smart, like not fall for the sites that offer you fortune and fame because clearly those are the ones that are a scam.

You can always look for reviews about the best places to invest, and like cloud mining people have a bad idea about it but there are legit sites that offer a good profit for a low price and you can look up some reviews to know which are scam and which ones are not.