Saving money and investing money which one is better

[adazeez1995]

Investing is better anywhere anytime. Save to invest, never save to save. Saved money does not increase in value but a right and well managed investment increases in value. In fact the only savings u should do is fixed deposit, which ironically, is a type of investment.

Post automatically merged: Jan 28, 2021

Save to invest, never save to save. Saved money does not increase in value, but the right and well managed investment increases in value. In fact the only savings u should have is fixed deposit. Ironically, that is another way of investing.

 

[Tariq Shehzad]

both are necessary saving or investing, primarily you have to put money to work which is more like investing and saving the proceeds for a possible rainy day or may be utilize when you are free.

 

[Setfragil]

Your need for money will determine what you will do with it. If you have huge amounts of money with you and you do not have a reasonable investment on sight to use it for, it is better to save the money in the bank or a safer place till when you will have a need for it.

 

[Chibson]

It's unwise to save all your money or to invest all your money. if you invest all your money in the investment may go wrong and of course you lose it, so therefore it is advised that you save some percentage and Invest some percentage.

 

[Sincerem]

Their are people who doesn't have legitimate investment option, so saving that fund will be better off than pushing to invest by all means and make profit from it. Cos it has an implications, scam is inevitable.

 

[Fizzy_boi]

Investing it seems to be the best option but it came also be the worst of it .It might be undergoing a market change in price that is the rise and fall of stock .

 

[Heatman]

Well you have to be able to save money to be able to make investment with the money that you saved, you cannot just come and start investing without having money saved in the first place.

 

[Sincerem]

That's true, you can't come just like that and invest. Is it not money that is used to invest?? So one must go through savings before investing money somewhere.

 

[Kelly5]

Both are good idea, both when you invest in more profitable business it gonna be better off than just saving it up in the bank, or online saving platform.

Yeah. Investing the money Inna more profitable business will be better off indeed than merely saving the money without it adding up nothing to your finances

 

[Heatman]

If you have money and only keep it in your bank account, you are making one of the biggest mistakes in your life because that money will never grow and the bank will keep cutting it.

 

[Senator]

Saving money without investing is just like you having money and and not utilizing it and not growing it and it can just be spend on what is not valuable someone that invest his money is likely to get double of what he /she invest the money on

Yes it is true that the person may likely make double of his investment if he invested the money into a business. And it also very possible too that the person may likely lose all his money in that business as well

 

[Heatman]

The question I'm going to ask is what is the essence of saving money while you can make more money by investing the money that you intended to save? So if you can use that money to invest and earn more money I think it's better than just saving your money in the bank.

 

[Jlife]

You do not have to invest all your money in any investment, you also need to save money that you will use in doing investments, I believe that isaving and investment is really necessary in the Life of everyone , investment is better after all

 

[Trexxxy]

True. But a lot of people do not agree. People say they save because of unexpected expenses that may arise. However all the while the money stays in savings it just basically collects dust instead of doubling the value.

 

[Kunkun]

Both are better than just spending and splurging everytime, although investment still seems like the better option of the two as with that incomes is being generated also

 

[Ub40]

Personally, I don't see any gain in just saving your money without investing it either business or an investment. One must try as much as possible to save some percentage of earnings that come in. Savings will help in rainy days.

 

[Heatman]

Personally, it's very important that you save your money as an investment because it pays more extra to save money as investment than just saving it in the bank.

 

[ahmedo24]

Investment is money making process that comes with risks of either loosing or otherwise while savings are safe but no increase of what you are keeping so it all about analysis and individuals wish

 

[Nomad]

Investment is better than saving in banks but the investment can also be very risky because there are high chances that you will fail or lose investment.

Post automatically merged: Jul 5, 2021

Investment is better than saving in banks but the investment can also be very risky because there are high chances that you will fail or lose investment.

 

[Shigobad2020]

Saving money is good but investing money is the best. One can consider any business of all kinds, to invest on. But, for saving money, its profits is not predictable. it comes with the rate of commission to the seller

It depends on the situation, for the peopel that has already invested outside with a huge amount of money, I believe saving money is the next thing to do when you get your investment return but if you are not yet started investing i beleieve the time is now.