Why you should invest your money but not save it

SHAHID987

Notable
Member
Nov 15, 2022
3,583
222
Dex
$0.810
Raw Dex
$0.030
Saving is something in which at least origional money remain there but in investment there remain always a chance to lose all money although in majority of cases people get benefit from it.
 

relcap23

Notable
Member
Sep 8, 2022
2,061
335
Dex
$0.000
Raw Dex
$0.000
Interest rates for savings is very low to encourage investment. Money will grow more if investment properly than just putting it in your savings account.
 

Ebutech

Somewhat Known
Member
Oct 20, 2022
689
74
Dex
$0.000
Raw Dex
$0.000
It is good to save our money but it is better to invest it. When we save our money in the bank, though it will be safe there but the money will not grow. But if we invest in a profitable investment, our money will continue to grow. Since banks are using our money for investment, then there is no reason we should give them our money to invest but to invest it ourselves.
It is good to save our money but it is better to invest it. When we save our money in the bank, though it will be safe there but the money will not grow. But if we invest in a profitable investment, our money will continue to grow. Since banks are using our money for investment, then there is no reason we should give them our money to invest but to invest it ourselves.
Yes very correct, investing money rather than saving money in the bank is always the best, because banks use our money to also do their own business too, so let your money work for you.
 

Springtime

Well Known
Member
Dec 22, 2022
5,756
236
Dex
$0.020
Raw Dex
$0.008
The simple reason is the interest you earn from your savings is minimal. By making investments, your money works for you. It helps to grow your wealth. That said, it's important to keep some money in your savings account for emergency use.
 

Bango

Notable
Member
Jan 12, 2023
1,433
139
Dex
$0.000
Raw Dex
$0.000
Yes, it is absolutely true. If we save our money, its value will decrease, so it is better to invest in real estate or gold. A safe investment To preserve the value of our money
 

cherry123

Very Familiar
Member
Sep 5, 2022
23,928
2,507
Dex
$1.530
Raw Dex
$0.015
it will be better people do both. the truth is that savings alone would not cut this. Investment is key to wealth creation though it is also good to have savings
 

Stardom22

Well Known
Member
Sep 1, 2022
9,362
527
Dex
$0.000
Raw Dex
$5.808
ln a matter of fact investing is meant to grow your money. ln the other hand, saving is the keeping aside of money for future use. With the investing money is likely to grow.
 

nomad

Moderator
Moderator
Member
Jun 22, 2022
7,057
396
Dex
$0.170
Raw Dex
$0.620
When you save money, your money will not grow, even when you save on Hugh yield saving accounts return on investment is very low
 
Back
Top