Quote from: gabmen on June 29, 2017, 11:30:40 AM

Quote from: Cabapzarf on June 29, 2017, 07:01:29 AM

Quote from: icecube45 on June 29, 2017, 05:59:41 AM

Quote from: Seeker01 on June 29, 2017, 04:44:17 AM

Quote from: Sled on June 28, 2017, 07:40:09 AM

Quote from: eann014 on June 28, 2017, 07:26:52 AM

If you don't like to risk then you just need to save it, it is depend on us if we don't want to experience losing a money. But if you want to risk just to earn huge money then invest it.

There is no future in saving money because it is not like investment that will make your money grow to a higher amount in a short period because saving is just adding money to your account or savings account and it is not growing based on the interest because you are working for money which is wrong because the people who got money and invest it believes that money should work for us.

Life is risk, whether you take risk or not youre still on a risk that your future might not be good not unless you prepared for it now, Saving is really not ideal for long term goals because the value of your cash in a bank becomes undervalue because of inflation every year. Invest your money and let your money works for you.

Yes it is true to save money in the bank in the long term is not good because it will drain our money little by little. Investing money can make our money grow and avoid inflation, this will make a profit in the future. While investing is risky but we can minimize the risk so it is safe, so as you say life is risky and we must dare to take that risk to be successful.

That is right. I save money most of the time and will save for the retirement.

I don't see why we have to choose one to better over the other as these are both good for our money especially if done together. I think before you can really invest, you have to first have a backup whichbwould be your savings. Investments are a risky deal and it's goong to be a lot more secure if you know you won't go busted if one investment don't turn out the way you want it to be. Save and invest, nit save or invest

I think saving money in the bank is not good for our money. There are a lot of costs that keep our money down, and that's pretty much it. So if we just keep the money in the bank in the long-term it will slowly make our money continue to decrease and will definitely be exposed to fluctuations. In contrast to long-term investments, if we do well the results will surely be huge and our money will not decrease (even increase). If you say both are good for money I might disagree for the reasons I've told you, but if you say both are needed I may agree. Investment is needed for the future and saving money is needed for day-to-day or savings purposes.