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Its never good to save money unless you are looking forward to invest that money on other things. Everything that isnt invested is waste, life is all about making some money and investing it to make even more money.
I agree, saving money is a waste and will never be profitable until whenever, we see only the row numbers that move slowly compared to other investments, though there is some risk, of course I prefer investment than saving money.
I don’t think that saving money is a waste as it will take care of you in your rainy days and if you have not saved money then you have to depend on others for money when you need in emergency times so saving is always good as there is no risk of loosing money.
For me saving is when your planning for something to buy or expecting to reach the goal on how much to save. Investing is growing your money for a span of time you wanted and with some companies or sites cooperation . The only thing needed is to find the truthful investing site that will let our money to them. So, I might go in investing other than saving there’s a little risk but it will grow for surely depending on how much to risk.
It is actually better to do both since you never know when you will be needing to have some money ready in case of emergencies. Aside from that, if in case your investment fails, you will still have a fail-safe for some of your assets that you can fall back to just in case everything goes to limbo. After all, diversifying is the key strategy of not losing it all.
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Invest only when you see bargains, and save all the rest. No need to be fully invested at all times.
My personal allocation strategy is a 45/35/20 between investing in start-ups, bitcoin, and cash.
I also split my money into 3 it, bitcoin investment, business, and save. but the difference I only allocate 20% of investments, 30% to make funds and 50% for I save or cash
you have indeed a very good strategy. people who invest all of their money will mostly regret once they loose everything. but people who invest only a specific amount of funds and save a specific amount will always be in good status.
I would say that the users who use all their money for investment is a careless person. because they already know that the investment risk to lose. why they use all the money on the possibility of investing? if they lost of course they would be bankrupt?
My personal allocation strategy is a 45/35/20 between investing in start-ups, bitcoin, and cash.
I also split my money into 3 it, bitcoin investment, business, and save. but the difference I only allocate 20% of investments, 30% to make funds and 50% for I save or cash
you have indeed a very good strategy. people who invest all of their money will mostly regret once they loose everything. but people who invest only a specific amount of funds and save a specific amount will always be in good status.
I would say that the users who use all their money for investment is a careless person. because they already know that the investment risk to lose. why they use all the money on the possibility of investing? if they lost of course they would be bankrupt?
Its never a smart move to invest all your money without saving anything for future as future is unpredictable and anything is possible with your investment in future and if your investment goes wrong then you should have savings to take care of the situation.
Its never good to save money unless you are looking forward to invest that money on other things. Everything that isnt invested is waste, life is all about making some money and investing it to make even more money.
yes investment is better as if someone will invest then he will get more money with increased sources of income for the investor and after that if someone will like to save then he can save his extra money and he will be able to save because of the increased income.
For me both? Why its because saving money is for the future if your money in investment is loss do you money again or called do you have plan B . Every invesment have risk so choose only that give you profit. Yes investing money is give you money so you can save money.Much better to invest 50% and other 50% for your savings.
I think using the saving is obligatory, you will not be able to collect your money if you do not have a plan to save. let alone the investment risk of loss. then the backup fund will be needed
Published at Mon, 10 Apr 2017 04:05:53 +0000
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