Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
ultraminer11
on 21/01/2018, 08:53:11 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.
It depends on the risk and also the gain actually, Everything got its own risk to it. Even saving your money in the bank got its own risk but ofcourse investing your money into something will be far more riskier. You might want to read a few post back about the idea of investing in either gold or other investment type, basically safe deposits could be an alternative between saving and investing though.