How to save money.

[GreenStox]

What kind of alts are you investing at where you expect a rate of return of 1000%+?? you are saying you expect to go from a few $ to thousands of thousands... I don't remember many altcoins that gave such returns for such a small first investment.

They're out there. If you'd got in on the ground floor with NXT you could've turned 1.5 BTC when it was sub $150 into 5% of an eventual $100 million market cap at its peak. That's almost all paper profits of course but still a very nice ongoing drip feed if you weren't too impatient or greedy.

I dont trust NXT, it doesnt have offline wallet.

Thats all, no offline wallet, no trust

their wallet is a bit different it does not come with a gui, but with the usual command line, but they does have a good online wallet

nonetheless nxt was instamined to death from the beginning

NXT wasnt mined ,it was distributed in an IPO between first buyers.

It's a 100% POS coin, no mining happened.

[1714649692]

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[oxiyusuf]

Thank's for your suggestion
that help me to manage my money

before i know Bitcoin my salary only from office (real work/not online) after i know i can earn some amount from bitcointalk (signature campaign)
i get 0,035BTC/week or 0,14BTC permonth

im not think about cash reserves- medical insurance, retirement, life insurance etc. after i reading i will save my money from bitcointalk to do it

I think 0.07/month is enough to it

Thanks to me. and also thank you for believing my way how to saved my money, because now a days teenager or employed people don't think or they not believing in saving. They just only want to spend their money in their own way, their not thinking about their future, when they not have a job, or incase of emergency etc.

teenager now does not think about his future, because they assume that they have rich parents, and they will get his money someday, indeed very unfortunate this, perhaps the role of parents should be considered in this regard

[GreenStox]

Thank's for your suggestion
that help me to manage my money

before i know Bitcoin my salary only from office (real work/not online) after i know i can earn some amount from bitcointalk (signature campaign)
i get 0,035BTC/week or 0,14BTC permonth

im not think about cash reserves- medical insurance, retirement, life insurance etc. after i reading i will save my money from bitcointalk to do it

I think 0.07/month is enough to it

What country, please tell me, it must be very cheap.

Well yea , sig campaigning all day can earn you a full time income, so fuck the bosses, and be your own boss

[Dotakels]

Thank's for your suggestion
that help me to manage my money

before i know Bitcoin my salary only from office (real work/not online) after i know i can earn some amount from bitcointalk (signature campaign)
i get 0,035BTC/week or 0,14BTC permonth

im not think about cash reserves- medical insurance, retirement, life insurance etc. after i reading i will save my money from bitcointalk to do it

I think 0.07/month is enough to it

What country, please tell me, it must be very cheap.

Well yea , sig campaigning all day can earn you a full time income, so fuck the bosses, and be your own boss

LOL very cheap? i think is not all about country its all about to the person who working and what is his/her position in that job.

[Erza]

Thank's for your suggestion
that help me to manage my money

before i know Bitcoin my salary only from office (real work/not online) after i know i can earn some amount from bitcointalk (signature campaign)
i get 0,035BTC/week or 0,14BTC permonth

im not think about cash reserves- medical insurance, retirement, life insurance etc. after i reading i will save my money from bitcointalk to do it

I think 0.07/month is enough to it

Thanks to me. and also thank you for believing my way how to saved my money, because now a days teenager or employed people don't think or they not believing in saving. They just only want to spend their money in their own way, their not thinking about their future, when they not have a job, or incase of emergency etc.

teenager now does not think about his future, because they assume that they have rich parents, and they will get his money someday, indeed very unfortunate this, perhaps the role of parents should be considered in this regard

This is just one sided. Dont you think about others that didnt have rich parents and can't get their money from them? I guess this is based on how

that people behaviour and their teaching, with some good teaching they will be set to a good one and they will get their saving a good amount if they

start from beginning the teaching

[Dotakels]

Thank's for your suggestion
that help me to manage my money

before i know Bitcoin my salary only from office (real work/not online) after i know i can earn some amount from bitcointalk (signature campaign)
i get 0,035BTC/week or 0,14BTC permonth

im not think about cash reserves- medical insurance, retirement, life insurance etc. after i reading i will save my money from bitcointalk to do it

I think 0.07/month is enough to it

Thanks to me. and also thank you for believing my way how to saved my money, because now a days teenager or employed people don't think or they not believing in saving. They just only want to spend their money in their own way, their not thinking about their future, when they not have a job, or incase of emergency etc.

teenager now does not think about his future, because they assume that they have rich parents, and they will get his money someday, indeed very unfortunate this, perhaps the role of parents should be considered in this regard

This is just one sided. Dont you think about others that didnt have rich parents and can't get their money from them? I guess this is based on how

that people behaviour and their teaching, with some good teaching they will be set to a good one and they will get their saving a good amount if they

start from beginning the teaching

thats what i mean, they don't know about saving or they didn't care what happened to their future, they only want is to spend all of their money in mall or something that make a happiness for them. And your saying is all about the way so that they could save or a way to teach them what is the right things that they do when they have a salary.

[maheshmahi]

Good advice
Hope so everyone follows.
But day by day people are wasting their money and it still continues.

[oniromancia]

Here's what I've been told about real estate as far as saving money from it: don't become a landlord unless you handle commercial real estate, running a bunch of apartments just blows completely, you're always fixing crap or dealing with tenant issues.

If you handle houses, pick an urban area that's growing fast and buy stuff in the areas that the city will grow into over the next ten years or so, and make your money there.

That or just make your money from commissions.

[MF Doom]

Here's what I've been told about real estate as far as saving money from it: don't become a landlord unless you handle commercial real estate, running a bunch of apartments just blows completely, you're always fixing crap or dealing with tenant issues.

If you handle houses, pick an urban area that's growing fast and buy stuff in the areas that the city will grow into over the next ten years or so, and make your money there.

That or just make your money from commissions.

One area I've looked into is housing in college towns.  Houses that typically wouldn't rent or sell for much can be rented to college students at 400-500/person.  Yes they may be messier than typical tenants, but they also will probably live in a place that doesn't need to look all that special.

[Don007]

Here's what I've been told about real estate as far as saving money from it: don't become a landlord unless you handle commercial real estate, running a bunch of apartments just blows completely, you're always fixing crap or dealing with tenant issues.

If you handle houses, pick an urban area that's growing fast and buy stuff in the areas that the city will grow into over the next ten years or so, and make your money there.

That or just make your money from commissions.

One area I've looked into is housing in college towns.  Houses that typically wouldn't rent or sell for much can be rented to college students at 400-500/person.  Yes they may be messier than typical tenants, but they also will probably live in a place that doesn't need to look all that special.

That's a kind of movement I experience in my environment over here; houses are bought and then multiple (4-5) student rooms are created. It works quite well, as most "student cities" / college towns here in The Netherlands have shortages of these rooms.

I really think this is a good way to invest your money, atleast, if you are quite handy by yourself (as you indeed have to fix and improve things). However, you will need another mortage to buy such houses.

[MF Doom]

Here's what I've been told about real estate as far as saving money from it: don't become a landlord unless you handle commercial real estate, running a bunch of apartments just blows completely, you're always fixing crap or dealing with tenant issues.

If you handle houses, pick an urban area that's growing fast and buy stuff in the areas that the city will grow into over the next ten years or so, and make your money there.

That or just make your money from commissions.

One area I've looked into is housing in college towns.  Houses that typically wouldn't rent or sell for much can be rented to college students at 400-500/person.  Yes they may be messier than typical tenants, but they also will probably live in a place that doesn't need to look all that special.

That's a kind of movement I experience in my environment over here; houses are bought and then multiple (4-5) student rooms are created. It works quite well, as most "student cities" / college towns here in The Netherlands have shortages of these rooms.

I really think this is a good way to invest your money, atleast, if you are quite handy by yourself (as you indeed have to fix and improve things). However, you will need another mortage to buy such houses.

You're right, its a much better opportunity IF you can do handiwork yourself.  And know how to deal with college kids.

I think the key is finding a somewhat "run-down" looking place that you can get cheap, and just remember YOU dont have to live in it, you just need to make sure its appealing tocollege kids (on the bus route, close to nearby attractions, walking distance to camput etc)

[Amph]

What kind of alts are you investing at where you expect a rate of return of 1000%+?? you are saying you expect to go from a few $ to thousands of thousands... I don't remember many altcoins that gave such returns for such a small first investment.

They're out there. If you'd got in on the ground floor with NXT you could've turned 1.5 BTC when it was sub $150 into 5% of an eventual $100 million market cap at its peak. That's almost all paper profits of course but still a very nice ongoing drip feed if you weren't too impatient or greedy.

I dont trust NXT, it doesnt have offline wallet.

Thats all, no offline wallet, no trust

their wallet is a bit different it does not come with a gui, but with the usual command line, but they does have a good online wallet

nonetheless nxt was instamined to death from the beginning

NXT wasnt mined ,it was distributed in an IPO between first buyers.

It's a 100% POS coin, no mining happened.

i know, i mean it was premined by the dev, in the sense that they distrubuted it not equally at all

there were guys that were holding like 10% of all coins...a bit ridiculous

[MarkMJ]

It is easy to spend but it hard to make some economy
I always transfer 15% from all my money that I make to a personal wallet
I do this from 2009 and I really don't know how much do I have now
I will check when btc will be again 500 or 1000

[dothebeats]

Here's what I've been told about real estate as far as saving money from it: don't become a landlord unless you handle commercial real estate, running a bunch of apartments just blows completely, you're always fixing crap or dealing with tenant issues.

If you handle houses, pick an urban area that's growing fast and buy stuff in the areas that the city will grow into over the next ten years or so, and make your money there.

That or just make your money from commissions.

One area I've looked into is housing in college towns.  Houses that typically wouldn't rent or sell for much can be rented to college students at 400-500/person.  Yes they may be messier than typical tenants, but they also will probably live in a place that doesn't need to look all that special.

That's a kind of movement I experience in my environment over here; houses are bought and then multiple (4-5) student rooms are created. It works quite well, as most "student cities" / college towns here in The Netherlands have shortages of these rooms.

I really think this is a good way to invest your money, atleast, if you are quite handy by yourself (as you indeed have to fix and improve things). However, you will need another mortage to buy such houses.

This is an advantage if you are leasing some apartments/rooms/houses. If you know how to do some fixing and repairs, you will definitely save a little money on your profit and can use that money to buy or earn some money for your future businesses.

[Don007]

Here's what I've been told about real estate as far as saving money from it: don't become a landlord unless you handle commercial real estate, running a bunch of apartments just blows completely, you're always fixing crap or dealing with tenant issues.

If you handle houses, pick an urban area that's growing fast and buy stuff in the areas that the city will grow into over the next ten years or so, and make your money there.

That or just make your money from commissions.

One area I've looked into is housing in college towns.  Houses that typically wouldn't rent or sell for much can be rented to college students at 400-500/person.  Yes they may be messier than typical tenants, but they also will probably live in a place that doesn't need to look all that special.

That's a kind of movement I experience in my environment over here; houses are bought and then multiple (4-5) student rooms are created. It works quite well, as most "student cities" / college towns here in The Netherlands have shortages of these rooms.

I really think this is a good way to invest your money, atleast, if you are quite handy by yourself (as you indeed have to fix and improve things). However, you will need another mortage to buy such houses.

This is an advantage if you are leasing some apartments/rooms/houses. If you know how to do some fixing and repairs, you will definitely save a little money on your profit and can use that money to buy or earn some money for your future businesses.

Indeed. Although you will have to pay a big amount of money each month for your mortgage, you will also have much income. Other costs like elektricity, water and gas and insurances and taxes you also have to pay, but in the end it is definately still worth it. Actually I know one man who owns multiple houses (for students) in 1 city here in The Netherlands. I think he's into this business for atleast 15-20 years now, but he keeps investing his money into new houses. As soon as a student leaves a room, he decides whether he is going to rent out this room again straight away or fix it / clean it first. He mostly does the latter (if he has the time), as he is also likely to ask a higher rent.  Only in periods where multiple students are leaving their rooms, he does not paint every room over again (because he really does EVERYTHING on his own).

That man rather lives poor than rich though. Although he has a great income I'm sure he has huge costs. However, as still own these houses, he is likely to have a lot of money as soon as he starts selling some. Actually he can start selling houses now in order to fulfill his mortgages (and I think he still has couple of houses then, 100% of him). However, he keeps investing. I think he wants to make his children happy (as soon as he dies, lol).

[MF Doom]

Here's what I've been told about real estate as far as saving money from it: don't become a landlord unless you handle commercial real estate, running a bunch of apartments just blows completely, you're always fixing crap or dealing with tenant issues.

If you handle houses, pick an urban area that's growing fast and buy stuff in the areas that the city will grow into over the next ten years or so, and make your money there.

That or just make your money from commissions.

One area I've looked into is housing in college towns.  Houses that typically wouldn't rent or sell for much can be rented to college students at 400-500/person.  Yes they may be messier than typical tenants, but they also will probably live in a place that doesn't need to look all that special.

That's a kind of movement I experience in my environment over here; houses are bought and then multiple (4-5) student rooms are created. It works quite well, as most "student cities" / college towns here in The Netherlands have shortages of these rooms.

I really think this is a good way to invest your money, atleast, if you are quite handy by yourself (as you indeed have to fix and improve things). However, you will need another mortage to buy such houses.

This is an advantage if you are leasing some apartments/rooms/houses. If you know how to do some fixing and repairs, you will definitely save a little money on your profit and can use that money to buy or earn some money for your future businesses.

Indeed. Although you will have to pay a big amount of money each month for your mortgage, you will also have much income. Other costs like elektricity, water and gas and insurances and taxes you also have to pay, but in the end it is definately still worth it. Actually I know one man who owns multiple houses (for students) in 1 city here in The Netherlands. I think he's into this business for atleast 15-20 years now, but he keeps investing his money into new houses. As soon as a student leaves a room, he decides whether he is going to rent out this room again straight away or fix it / clean it first. He mostly does the latter (if he has the time), as he is also likely to ask a higher rent.  Only in periods where multiple students are leaving their rooms, he does not paint every room over again (because he really does EVERYTHING on his own).

That man rather lives poor than rich though. Although he has a great income I'm sure he has huge costs. However, as still own these houses, he is likely to have a lot of money as soon as he starts selling some. Actually he can start selling houses now in order to fulfill his mortgages (and I think he still has couple of houses then, 100% of him). However, he keeps investing. I think he wants to make his children happy (as soon as he dies, lol).

That is a smart man, yes he does have high costs associated with the units, but once they start to become paid off and mortgage free, he has greatly increased income from them.  OR he has valuable real estate assets that he could cash out and have a large chunk of cash.

I have put a lot of thought into doing what you described him doing, starting with one, getting to know the ropes, and then expanding.  As long as the initial mortgage leaves enough room to cover costs, then you should be profiting from day 1 (assuming housing is in high demand and you can find tenants quickly).  Usually thats not an issue in college towns.

[Don007]

*snip*
That is a smart man, yes he does have high costs associated with the units, but once they start to become paid off and mortgage free, he has greatly increased income from them.  OR he has valuable real estate assets that he could cash out and have a large chunk of cash.

I have put a lot of thought into doing what you described him doing, starting with one, getting to know the ropes, and then expanding.  As long as the initial mortgage leaves enough room to cover costs, then you should be profiting from day 1 (assuming housing is in high demand and you can find tenants quickly).  Usually thats not an issue in college towns.

I don't think he will be completely mortgage free soon (as he keeps buying new properties), but he can by selling a few indeed.

I don't think the initial mortgage is enough to cover the costs; he bought (and fixed) a house with his very first mortgage. Since that day, he uses the income (rent) of these rooms to - cover his expenses - and to cover the costs of that mortgage. And, then there is a premium. I think with this premium, he can take another new mortgage on a new property (where the very same happens).

Now, years later, I'm sure some of his mortgages are like at 80% paid-back. As soon as some mortgages have been paid back, his premium will grow and grow (and I think that's a situation we all would like to have ). Renting out 4-5 rooms will atleast bring him €1600 / € 2000 per month (per house).

[dothebeats]

*snip*
That is a smart man, yes he does have high costs associated with the units, but once they start to become paid off and mortgage free, he has greatly increased income from them.  OR he has valuable real estate assets that he could cash out and have a large chunk of cash.

I have put a lot of thought into doing what you described him doing, starting with one, getting to know the ropes, and then expanding.  As long as the initial mortgage leaves enough room to cover costs, then you should be profiting from day 1 (assuming housing is in high demand and you can find tenants quickly).  Usually thats not an issue in college towns.

I don't think he will be completely mortgage free soon (as he keeps buying new properties), but he can by selling a few indeed.

I don't think the initial mortgage is enough to cover the costs; he bought (and fixed) a house with his very first mortgage. Since that day, he uses the income (rent) of these rooms to - cover his expenses - and to cover the costs of that mortgage. And, then there is a premium. I think with this premium, he can take another new mortgage on a new property (where the very same happens).

Now, years later, I'm sure some of his mortgages are like at 80% paid-back. As soon as some mortgages have been paid back, his premium will grow and grow (and I think that's a situation we all would like to have ). Renting out 4-5 rooms will atleast bring him €1600 / € 2000 per month (per house).

The bold text is very probable to happen. The man you have just described seems to know what he is doing, because he doesn't lease his houses just to get by every month, instead, he rolls out his profits to buy another house to further increase his potential income. Assuming that the rent for a place to stay increases every year because of more people needing space to live in, this man will be very happy in the coming years. The mortgage would be paid back (most of it, if not all, unless he sold all his houses) plus he would have a steady income as long as there are tenants living in his houses. I think that real estate and a place to live in is the best investment to have because people compete for space and they will be willing to pay any costs just to have a place to stay in.

[Don007]

*snip*
That is a smart man, yes he does have high costs associated with the units, but once they start to become paid off and mortgage free, he has greatly increased income from them.  OR he has valuable real estate assets that he could cash out and have a large chunk of cash.

I have put a lot of thought into doing what you described him doing, starting with one, getting to know the ropes, and then expanding.  As long as the initial mortgage leaves enough room to cover costs, then you should be profiting from day 1 (assuming housing is in high demand and you can find tenants quickly).  Usually thats not an issue in college towns.

I don't think he will be completely mortgage free soon (as he keeps buying new properties), but he can by selling a few indeed.

I don't think the initial mortgage is enough to cover the costs; he bought (and fixed) a house with his very first mortgage. Since that day, he uses the income (rent) of these rooms to - cover his expenses - and to cover the costs of that mortgage. And, then there is a premium. I think with this premium, he can take another new mortgage on a new property (where the very same happens).

Now, years later, I'm sure some of his mortgages are like at 80% paid-back. As soon as some mortgages have been paid back, his premium will grow and grow (and I think that's a situation we all would like to have ). Renting out 4-5 rooms will atleast bring him €1600 / € 2000 per month (per house).

The bold text is very probable to happen. The man you have just described seems to know what he is doing, because he doesn't lease his houses just to get by every month, instead, he rolls out his profits to buy another house to further increase his potential income. Assuming that the rent for a place to stay increases every year because of more people needing space to live in, this man will be very happy in the coming years. The mortgage would be paid back (most of it, if not all, unless he sold all his houses) plus he would have a steady income as long as there are tenants living in his houses. I think that real estate and a place to live in is the best investment to have because people compete for space and they will be willing to pay any costs just to have a place to stay in.

Indeed. There is quite a huge shortage of payable student rooms in that city. I often work there (or in the neightbourhood) and it's really a college town. Sure, there are still rooms for rent, but the rooms that are not occupied yet either are way too small, too ugly (/old) or the price is way too high. However, not many rooms are available at this moment and, as soon as the new college year will start, there will be a huge demand for rooms again.

I think that's a great way to live (as you can see him as his own boss). Unfortunately I'm not that good in repairing and upgrading rooms, neither do I have the required amount of money to get a mortgage over now. (Since the crisis it's quite hard to get a mortgage here in the Netherlands).

[GreenStox]

I also heard that the retail housing industry is booming in southeast asia, specifically Indonesia, Thailand and Philipines.

It might be a good investment for the guys in the retail speculation business. Unfortunately not much other investments in other countries, you have to think for long term.

I think about 40% bitcoin, 20% gold and 40% asian retail markets, is a nice savings portfolio.