Important, to save or to invest?

[Tobi]

I think both are of great importance. You save as a matter of discipline and you invest as a matter of understanding. They are both means of growing wealth, please don’t confuse saving as a model for making wealth. Once you've understood what you want to invest in, then you can put in funds. Investing yields more returns than saving but also of greater risk than saving. So it is not advisable to delve into something you don't fully understand, you could lose your entire savings in a matter of seconds.

 

[eLdavis]

I believe the best choice anyone can make is to be able to do both. This gives you more chances and opportunities.

 

[kit_hung]

I think both are of great importance. You save as a matter of discipline and you invest as a matter of understanding. They are both means of growing wealth, please don’t confuse saving as a model for making wealth. Once you've understood what you want to invest in, then you can put in funds. Investing yields more returns than saving but also of greater risk than saving. So it is not advisable to delve into something you don't fully understand, you could lose your entire savings in a matter of seconds.

You are absolutely right. Saving is discipline and investing is understanding well. Both increase wealth, but saving alone is not the way to create wealth. Investing brings great returns, but the risk is also high. If you rush without understanding, you can lose everything. Saving gives you a safety net. Investing requires research and a clear plan. It is like the Swahili proverb: "Hurry up, hurry up, there is no blessing."

 

[Augusta]

Saving is generally better for investors with short-term financial goals, a low risk tolerance, or those in need of an emergency fund.

 

[Springtime]

I think one should do both. In any case, you have to save first before you have the money to invest.

 

[pousinha]

There are still savings account counting on a good return, above the inflation (depending on the country where you live, usually in the south of the world: no EU countries). It's a good start for a beginner.

 

[Augusta]

choosing whether to prioritize investing or saving depends on your current situation, financial goals, and time horizon. If you have long-term goals you can save for it