Comments on: Saving vs. investing

By: Marg

Marg — Wed, 27 Oct 2010 20:16:35 +0000

Too bad when you’re young you often don’t have the spare cash to invest much.

By: Maxwell

Maxwell — Mon, 04 Oct 2010 23:10:08 +0000

It really is all about your risk tolerance which route you should choose, but I really think it is time we stop using saving and investing interchangeably.

By: Peter C

Peter C — Mon, 04 Oct 2010 18:28:23 +0000

I perfer safer investments like GIC’s or high interest savings accounts, perferrably in a TFSA. Off course the older you get and the closer you get to retirement the less risk you want to take. If you do invest in equities make sure they are good investments and not just trying to make a quick buck by taking chances.

By: Credit Cards

Credit Cards — Mon, 04 Oct 2010 17:04:23 +0000

hummm. But you invest your savings. Or You save first then you invest that for your future.

By: Stewart Rand

Stewart Rand — Mon, 04 Oct 2010 13:27:11 +0000

In fact, if you are only saving your money and not investing, you are almost always losing money to inflation. Unless your money is growing at an interest rate above inflation (~1.74% right now), your money sitting in a savings account is losing value. So, investing is an imperative, even if you just want to maintain your money’s value.

By: Natalie MacLellan

Natalie MacLellan — Mon, 04 Oct 2010 13:02:25 +0000

Absolutely. Of course it depends on your approach to buying and selling real estate, but for many it is their primary investment.

By: @dltmphoto

@dltmphoto — Mon, 04 Oct 2010 12:58:54 +0000

Many consider real estate as an investment.