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The time now is 01/08/09 - 19:35

Saving vs Investing?


RealCool.BIZ Forum Index -> Investments & Trading -> Investments & Savings

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trumaine
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Joined: 20 May 2004
Posts: 7



PostPosted: 10/19/07 - 07:45    Post subject: Reply with quote

As well as having some money I inherited when my father died, I have always saved up. Now I have quite a large amount of money sitting in several savings accounts. This is probably not quite the fastest way of seeing the money grow. But it IS the most stable. What is your opinion? Should one save or invest? What are the pros and cons?
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burnaby
Apprentice


Joined: 26 May 2004
Posts: 15



PostPosted: 11/16/07 - 01:58    Post subject: Reply with quote

Hello. Interesting topic. Personally I would never leave such a large amount (I am guessing, might be wrong, about the amount you must have) in a savings account. The best investment in my opinion is very clear. It has always been like that and will always remain so. Property. Whether they are houses or other forms of real estate, I believe that that is a slow earning, but sure form of investment. And besides, even more stable than your savings account.
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