I do think that that the best out of the two should be investment, atleast your money will tend to grow overtime unlike savings that the bank might even deduct your earnings for every text message they sent you and some other stuffs
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I agree with you. If you invest in wrong things, you will eventually lose all your money. It's better to save money in the bank at least it can earn little interest than investing it in wrong investment.Just because you invest your money it doesn't mean you are going to increase it. What if you invest in the wrong thing and you lose 50% of your money? Wouldn't it have been better to just keep your money and don't invest it into anything? Regardless of what you invest your money into there is always going to be the risk of losing it, even if that risk is extremely low its still there and you should be aware of it
Saving money is good but investing money is the best because when you save and invest you make profit and you save,out of the savings you take out some to invest in other to make profit.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
Not every investment is right to invest, is better to save than to invest into done business!!! This doesn't mean we should not invest.... You can invest but you must have good research....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
As simple as that. The thing is that savings isn't bad in the real sense of it, we're all advised to save for the rainy days but saving to invest is better.Saving money is better but investing is the best. One of the major reasons I save money apart from solving pressing needs is, so I would be able to invest in the future. When I mean invest, I'll invest in something legitimate and feasible.
I think if your money is just sitting in your bank account without significant interest adding to it every now and then, then it is better to get it out and invest it in something capable of yielding high returns.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