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Save money or invest?

Finance
2
June Manning Posted

Is it better to save money or invest it?

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Ashley62 Ashley changed status

In my personal opinion, I think it`s much better to save your money because the investments can be dangerous for you. Personally, I save all the money that I earn onĀ https://topcanadacasino.com/royal-vegas-casino.htm because my dream is the round-the-world voyage but as you know it costs a lot. Hope I will do it one day.

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domman85

Most would probably agree that investing is superior to a basic savings account, especially if you are younger. Most savings accounts only earn negligible interest, so with inflation considered, you are effectively losing money!! There are plenty of “conservative” (low risk) investment vehicles out there such as bond ETFs, mutual funds, and money market accounts, etc.

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When investing it is a good idea to consider if you would benefit from professional advice from a regulated independent financial adviser.

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Alexia Hunt

Of course, it’s better to invest but you should learn about the most lucrative industries before. I know that offshore engineering is rapidly developing. My friend is working at the offshore company. Check it out, it’s interesting – https://www.fieldap.com/

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