Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
mirakal
on 19/06/2017, 14:23:53 UTC
Is it better to save money in bank or invest it online, in real estate or maybe gold?


Both is better. Save money in the bank is good but your money cannot gain profit even you deposit it for a long time. Investing in online or in real state or gold is much risky it because you release a capital for it but the good thing as long as time pass as by the value of it especially in real state and gold  will increase and you will gain a high profit for the money you invest.
Saving money in the bank and thinking of an income is a wrong mindset, your amount will grow but in terms of value it does not do the same.
Fiat is subject to inflation, therefore it is not good to put all your money in the bank, the reality is, it is only the bank that are making profit out from your money and you were just fooling yourself thinking you get the most benefits.