Money: Save or invest?

Philippines
February 2, 2013 12:42am CST
Well, most people really tend to put their money on the bank for safe keeping purposes. However, other people would also tell you to invest that money in certain firms, stock market or even online investment program that pays you a higher interest rather than keeping it in the bank. Whats your say about this? Save or invest?
2 responses
@Raine38 (12250)
• United States
2 Feb 13
How about both? If I have enough or more extra funds I will put some moeny in both. Then depending on the interest rates, I will pull out some funds from one to transfer to another to maximize "profits".
1 person likes this
@Labrat (210)
6 Feb 13
Saving money or investing for me is completely dependent on the moment. My general rule however is that i try save a certain percentage of surplus of my salary each month and then use the rest for extras be it luxury or investments