Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
MMA
on 04/08/2017, 22:24:47 UTC
Investment means giving the money to someone who uses it for their business and pays you back a dividend (and you normally get some kind of share that can be sold later). Think stocks.

"Save in bank" is actually a kind of investment. You give money to the bank, they use it for their business and give you a small interest (if at all) as dividend, and you can withdraw your money. With current interest rates, this is pretty boring, the only advantage compared to keeping money in a safe at home is that it's easier to do most types of payment, and that you don't need your own safe...

Buying precious metals is not an investment because those metals won't work with the money you paid for them. It's mostly speculation (you hope that you can sell it for a higher price) and safekeeping (real value of money can fall due to inflation, while precious metals will mostly retain their "real" value). But you need to consider storage fees.

To decide which is better you need to know what you consider "good".
Do you want to maximize your ROI? Do you want to store your wealth safely? Do you want to enable entrepreneurs to build their businesses?

Onkel Paul
For me I'll go for investing because it can be a way for be successful someday.  Amd i believe that investing is a good way to make your money bigger and bigger then use it when it's plenty.

Yes, only by investing then we can generate unlimited profit, if we rely on bank interest course we can only get no more than 1% per month while investment can 10% per month.
Bitcoin still have choice for people want saving with it and earning profit every day as saving in Banks. You can try lending on Poloniex exchange and enjoy the profit from this type, sometimes your loan offer can reach to 5% per day as in July 30 - August 2nd.
i think that if you desperate need for it then you should use it, but if you can manage to hold it then you should try to hold it for a long time because bitcoin has a very bright future and i am sure that in future bitcoin will have very high price therefore holding bitcoin for the price increase will be a very good decision.