Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
ultraminer11
on 21/01/2018, 08:50:01 UTC
Is it better to save money in bank or invest it online, in real estate or maybe gold?

Both investing and saving is important in my point of view. Saving is useful in handling unexpected situation,like emergency fund. whereas Investing is a great source to make extra money. You just need to set a goal if long term or short term.

Saving come first only because of possible emergency in the future, but if you are good enough with your money and your earnings are always superior to the outputs, you don't need to save that much, investing(here i'm talking only about low risk investment, like buying a small land for example) on the other hand, it may save you in the future while also growing your money at the same time.