Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
Zooplus
on 03/10/2017, 06:26:54 UTC
If I had do choose, I would invest money, rather than save it. Investing is more secure as for me. Of course, you need to know about how and where you are going to invest your money. If you invested, you would not have any problems with inflation, for example. And as a result you even can have more money than you had at first, you have a chance to become rich because of investing. Also investing is one form of saving, I think, but mediate and more trustworthy.

Don't say that investing is secure for you, there's no secured thing in investments. But once you are able to be with that investment for a long time and you are seeing it's stability in a positive way maybe you might say you are feeling secured with it anyway. I have now a big belief that instead of saving your money in the bank put that in an investment where you can make more money but if that is bitcoin, then just save it.
Exactly, it's not easy as we think as along the way there are a lot of challenges that you have to surpass.
Investing is purely taking risk and we are just believe our investment will succeed but there is no guarantee it will happen.