Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
chalkboard17
on 13/06/2017, 21:49:12 UTC
Is it better to save money in bank or invest it online, in real estate or maybe gold?


If you have five hundred thousand USD its better to save money in the bank. Once you save your money in the bank with higher amount of saving its earn a high interest (e.g one million USD saving in the bank with interest of 3%, your 1M USD earn three hundred thousand USD).
LOL. You have interest every year on the bank because there is the inflation. If there is no inflation, there will be no interest. And, you can see that you can not earn anything while putting your money in the bank. Be smart. Take some risks and invest your money