Is it better to invest or save money?

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.

You should simplify your forex trading and never put too much pressure on your brain.

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.

saving money from trading is really a challenging issue , need a perfect trading experience

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.

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.

Investing is the viable option imo. It is possible to get returns from investing than saving.

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.

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.

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.

You can only invest if have the right funds and saving is also equally important.

It is good to follow both of the ways, I do so!

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

I believe in investing and growing my money.