Quote from: Kusheez on June 13, 2017, 11:56:00 PM

Quote from: chalkboard17 on June 13, 2017, 09:49:12 PM

Quote from: gracia0023 on June 11, 2017, 01:00:47 PM

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?

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

If the interest rates were up, a bank wouldn't be so bad because of how safe your investment is. Not the returns of a blue chip stock, but decent returns if it's enough money. There is a lot more risk in a stock, but way more potential gain. Them bitcoin, crazy volatile with unlimited upside. I guess the compromise is having a little of all of it.

It's gonna be many, many administrations before we see decent interest rates again Wink

Don't hold your breath.

But diversification is always a good idea. Bitcoin is like playing musical chairs with your money, to great effect (or detriment). Like all profit potential, the greater it is, the more risk you have to assume. You can do ALOT to mitigate the risk by doing your diligence, or by getting a basic understanding of trading before you take a serious stab at it.

Never put all your eggs in one basket. Shit, to hell with eggs, you are going to want a fruit salad Wink