which would you prefer deposit your savings in a bank or invest it?

I only have mine in banks, i am not really sure where i can invest it but yeah the interest rate is very low indeed

Hi stanley777, rate of interest is too low if from the fixed deposit invested in bank here. But of course it's rather safer than to invest in fields which we are not familiar with. For purpose of safety I dare to invest part of my money amassed from my monthly earning in stock only The interest rate earned from the fixed deposit can't cover the rate of inflation. I have to made more than that. I invest in stocks which I have studied only. I spend considerable time to read through yearbook of stocks which I wish to invest. I read at least the past five years of the yearbooks concerned. I need the essential info and knowledge whether they are worth to purchase with the current price then. If the price is hike I then wait until it creeps down to my desired price. Other than info and knowledge, I have to read latest business and market news concerned every now and then. Patience and waiting for the golden opportunity is a must as well to grab the stock with desirable price Happy posting

Hi there. Saw this topic and I knew I have to reply. Well for me, invest like 90% and 10% in saving. The feeling of having spare money in times of need is definitely comforting. This happens to me last month where I was short of money. Little did I know I had a little saving and that saved my life :) Investment is great but always be careful and think twice before investing :p

currently, I have no plan to invest so I decide to deposit my savings in a bank to get high rate. The interest rate now is 12%/year and infaltion is going high, so the invest in some region is too risk and have no profit at this time. May be I can invest to purchase on gold and USD for reserve to re-sell if price still going up but I do not know if price is going up or down. How do you think ?

Hi. For me i would like to save some and invest also invest some. Saving in a bank will give you more security, especially when rainy days come, you could withdraw it in an instant. Unlike in the investment you cannot easily take it out that instant. So i'd rather save some and invest some. Good night!

I prefer invest my money than saving it in a bank. It is because I can get more money than i save in bank. I have experience on it and save in a bank just give us a little amount of money than we invest it. Untill now I still make more money in my investment.

Depends on what I am saving for, if it s just short term so that if I have an emergency I need cash it goes in the savings account, if its for retirement it goes in a plan that will invest the funds. If I'm looking for a long term investment that will give me money every month and possibly be enough to lie on so I don't have to work, then I'd invest in a business.

at the moment, i actually put most of my money in term-deposit and only put enough in my savings account to live... i also split my money into two banks to be safe so that if something should happen to the bank, i won't lose all my money... take care and have a nice day...

The best advice which I can give you is to buy gold. By gold means i am not asking you to buy gold jewellery, but gold bullion.Try to invest in a couple of grams of gold every month, You can either buy, physical gold or go for Gold trading funds, where your gold will be kept safe, and when you want to sell this gold, you need not go to a jeweller, instead the fund will the needful. Hope you find this useful.

I prefer a risk-free mode. So my choice is to put it in a bank. If you find the interest rate too low, can try a fix deposit.

At first a bank is a great place to keep your money safe. Meanwhile investigate your options before taking it out and moving on to greener pastures. Just make sure that pasture isn't over a septic tank! What is more important is credit card debt, don't have any. Invest in a home and keep it up. Budget for bills and keep as much of what is left in your own pocket or make sure it goes to something that will pay off higher than what you spent on it. Watch where every nickel goes.

If you are not sure if the business is not profitable then why invest your money? Then the answer is better deposit it and it will surely earn but if the business you are you wanted to establish is a good one then go ahead invest your money.

it depends on the amount of money. if its really large sum of it, then I would invest it rather than put it in a fixed deposit. High risk high return!

Yesterday only i opened my account in chase bank and its the best i think so..You should also try to put ur savings in cahse bank.there costomer service is awsom.you sould try it.am 17 and they are giving me the best servise they can.no monthly fees for me thats great because i am a student.and they are providing me a debit card the the best part.

Dear friend, I may invest it if I feel to get better returns, moreover if the banks give better interest rates in any of their secure savings, then I opt for savings that is gives high interest with no risk.

i also prepare to keep my money in the bank but not exceeding the insured amount of money has bank allotted. Yes sometimes we will think that savings money into the bank is risky but i like to save it there. I never said against investment i like that also because it has a big equal profit sharing. But it was too risky too. So I prefer the two of them i'll get..

Frankly,saving the money in a bank is hard to earn much money.The best way to earn much money is to invest.But the problems coming,how to invest?Where to invest?Which field to invest?So many problems before us,we should reply them.

I invested a million peso in a business before which failed and that really depressed me. My uncle told me that if i have deposited the money in the bank i would be enjoying the interest without touching my capital. I guess he was correct because a million can gain good interest to keep up with my expenses in a month. I don't worry about putting my money in the bank because the lesser the interest rate the bank offers, the more stable it is. That's the best way in choosing which bank to put your money in for a long term investment.

Hi Stanley I think instead of putting money in the bank it is very wise to invest in some sort of business. Starting from a small business good and then you can spread your business but before this you should have know how of the market and trend of the business which you are going to start. I agree with your theory and I personally like it, but I cannot do it due to time limitation but if you have time then you and your wife should go for it...:) Happy Lotting

Yes, i agree. i am like to invest too because if we invest in the bank, it is not grow much. but if our invest failed, we dont get the money . lol