Why you should invest your money but not save it

SHAHID987

Notable
Member
Nov 15, 2022
3,834
228
Dex
$2.855
Raw Dex
$0.073
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.
 
AgoraForo - Digital Marketplace & Freelancer Forum

relcap23

Notable
Member
Sep 8, 2022
2,061
337
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
7,929
293
Dex
$1.340
Raw Dex
$0.105
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

Popular
Member
Sep 5, 2022
26,989
2,606
Dex
$0.095
Raw Dex
$0.543
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

Very Familiar
Member
Sep 1, 2022
12,653
562
Dex
$5.000
Raw Dex
$0.571
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.
 

Ofonime

Notable
Member
Dec 25, 2022
1,079
18
Dex
$0.009
Raw Dex
$0.210
Actually I will tell you that the best option is for you to invest your money once you invest the money you are expecting something much compare to saving which won't grow anything
Post automatically merged:

Actually I will tell you that the best option is for you to invest your money once you invest the money you are expecting something much compare to saving which won't grow anything
 

Ofonime

Notable
Member
Dec 25, 2022
1,079
18
Dex
$0.009
Raw Dex
$0.210
Investment is the best alternative if you invest your money you will at first be on the right track you will hope of too but if you save your money it's not going to increase at no cost so investment is the best option
 
Back
Top