Between Saving and Investing which is best?
- Thread starter Brymix
- Start date
sure, investment is better but why we can do both? @Brymix like others said that investment needs a lot of capital, even we can do from small amount but talking about investment, we have to understand first that investment also have some risk, if we want high return it also have high risk. so, learning more about investment instrument is very essentials.
i do agree i will invest my money if i have a big capital or lets say i will save the money first before investing it
i do agree i will invest my money if i have a big capital or lets say i will save the money first before investing it
Thats true, nowdays we have to be aware of scammers, there are a lot of them online, so before investing our money make sure that we invest in trusted company or site, and its easy to make sure them legit or not, there are many info about it, though
Luckyly in my country we have to make sure that this site is approved by government through one office who focus on legitimation of the site so we dont have to worry, as long as approved by government we are saved
Investing is better if you have fund which are not intended for immediate use. Investing will make your money earn more than saving. Interest rate on savings is very low unless you put in special savings account that bears good returns like some time. deposit.
I started invest into some staking programs but not big amounts just for few bucks. I redirect my earnings from faucets there and try get some more. Most earnings are from old Noise cash in BCH crypto but I swap it into other currency like BFG.
Investment is far more better than savings. But each of them have its advantages over another. Savings is a kind of investment though the interest is little when compared to dividends of investment.
The choice id ours on whether to take the. high risk or low risk investment. It needs market analysis before getting into it.
