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Is it better to invest or save money?

Commonition
Dec 19 2022 at 07:23
posts 47
It is the thumb’s rule that you should invest only when you have enough savings, and can risk capital for making profits.
Suradi (FXOday)
Dec 20 2022 at 00:30
posts 470
Davidfx89 posted:
newcomers should choose the broker which is more appropriate to the concept of trading that will be used , if love doing scalping should choose the broker which allows trading concept such as this.
Scalping as short-term trading where traders take a profit of only five or ten pips in every single trade, low spread broker is more appropriate for using scalping, sometimes I work scalping in my broker FXOpen.
binarysumo22
Dec 23 2022 at 10:07
posts 40
As a general rule, it is usually better to invest money rather than simply saving it. This is because investing can potentially generate higher returns over the long term, which can help to grow wealth faster than saving alone. But how you allocate money is important.

I allocate more money to saving than investing. However, the decision to invest or save money depends on an individual's financial goals, risk tolerance, and other factors, and it is important to carefully consider these before making any financial decisions.
LyudmilLukanov
Jan 12 at 07:56
posts 869
You should simplify your forex trading and never put too much pressure on your brain.
first_time
Jan 13 at 08:06
posts 77
Saving the money does not give you any returns, while investing does. But investing will have a good return if you know what you are doing in portfolios.
How about this? 50% goes to saving, and 50% goes to investing.
Tradelist45
Jan 16 at 10:09
posts 327
saving money from trading is really a challenging issue , need a perfect trading experience
Prince Sajir (princesajir)
Jan 17 at 08:11
posts 147
first_time posted:
Saving the money does not give you any returns, while investing does. But investing will have a good return if you know what you are doing in portfolios.
How about this? 50% goes to saving, and 50% goes to investing.
This is a good idea, except that the weight of savings is too large and 30% would be better.
Ytilaer J Law (SewCoin)
Jan 17 at 10:16
posts 15
Investing is the better than saving money in a bank imo. The interest rate varies but it is definitely higher than that of the banks.
Five Hundred A Day, Will Take The Pain Away,
Eloise
Jan 17 at 12:14
posts 51
Investing is the viable option imo. It is possible to get returns from investing than saving.
IgorBurma
Jan 17 at 14:35
posts 2
investing and saving are definitely not synonymous. not for me, at least.
But should you save or invest really depend on how much money do you have. If you can invest and still have savings to provide for yourself and your family (if you have one) for two month (just in case. for example if you lost your job right after you've invested money) then you can invest. I mean you need to have enough saving so that after you invest you can live couple month from those savings only.
Same thing with trading. You should only put such amount of money in trading so that you're have something to live off during next couple month. In case trading doesn't pay off.
Maverwallace_5
Jan 18 at 10:33
posts 13
IgorBurma posted:
investing and saving are definitely not synonymous. not for me, at least.
But should you save or invest really depend on how much money do you have. If you can invest and still have savings to provide for yourself and your family (if you have one) for two month (just in case. for example if you lost your job right after you've invested money) then you can invest. I mean you need to have enough saving so that after you invest you can live couple month from those savings only.
Same thing with trading. You should only put such amount of money in trading so that you're have something to live off during next couple month. In case trading doesn't pay off.
Well said! I feel the same.
Suradi (FXOday)
Jan 18 at 23:37
posts 470
SewCoin posted:
Investing is better than saving money in a bank imo. The interest rate varies but it is definitely higher than that of the banks.
There is various types of risk levels in investment, mutual funds are considered as low risk but low return and forex included high-risk high return too.
Besides saving money in banks also invest money in low-risk and high-risk.
Joyal
Jan 20 at 11:50
posts 11
You can only invest if have the right funds and saving is also equally important.
OttoDickmann
Jan 23 at 09:12
posts 4
It is good to follow both of the ways, I do so!
Mcross
Jan 23 at 13:57
posts 13
For me it is all about timing. If I have money that I will not use for a long time ( 10 years), I will invest it in a diversified portfolio. If I need the money in a short period of time <2 years then I will put it in savings account
Leonor_Lou2
Jan 24 at 04:37
posts 18
I believe in investing and growing my money.
reggae
Jan 25 at 06:01
posts 74
princesajir posted:
first_time posted:
Saving the money does not give you any returns, while investing does. But investing will have a good return if you know what you are doing in portfolios.
How about this? 50% goes to saving, and 50% goes to investing.
This is a good idea, except that the weight of savings is too large and 30% would be better.
I suppose that saving should be more because those can be beneficial for emergency cases. I am not sure about 50-50 like that guy said.
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