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Author Topic: Wise thing to do with your savings.  (Read 7659 times)
Jedie22
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July 08, 2018, 01:42:41 PM
 #1141

For me, I'd rather save my savings than invest them.

You can save some money by avoiding all the unnecessary expenses, so you can save more money.
I think the best way to do with your savings is invest some in profitable projects in the market and secure your familiesffuture. Save for children education and future.  Save for emergency purpose and save something that you can you anytime.

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solkinsolali
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July 08, 2018, 01:44:36 PM
 #1142

A portion of your savings can be used for reinvestment. You don't have to leave all the money you have to idle away in the bank, you can look for a profitable kind of investment to use it on so that it will have a multiplier effect. But you need to be careful about this though.
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July 08, 2018, 02:37:48 PM
 #1143

yes I do something like that some of my money for long term investment in cryptocurrency it is a good move rather than letting the money go to sleep,but before investing I have to wait for the right time to buy crypto and I did it carefully so as not to lose and my money could double.

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July 08, 2018, 04:41:18 PM
 #1144

When I have a savings, I will put 40% in Crypto market. Each time I make good profit, I will be returning 40% of my profit to the savings.
Panunggalan
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July 08, 2018, 05:17:28 PM
 #1145

which I will do with my savings by using just as much as possible, if we can not wasteful wasteful of spending money, saving is the base of rich

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Siakol
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July 08, 2018, 07:09:22 PM
 #1146

I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?

You could (and probably should) put it into some form of a safer investment. There are a lot of stock options out on the market that allow for pretty continual growth albeit very slow. This would be better than just leaving your money in a risky investment or just letting it sit under a mattress somewhere because at least you collect some interest. As you keep making money, you'll end up with more in that emergency fund until it becomes something that you can actually work with in a few years/decades.

I agree with you, or invest it in a business or any profitable investments, try property investments or any kind that will give you a permanent income. always look for an alternative accounts and profitable or passive earning.
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July 08, 2018, 10:51:04 PM
 #1147

There are two paths to do with their savings, one is put it in the bank and the other part involves investing in into the cryptocurrency market, the bank will give you security over the amount but is affected by high values of inflation and also the on the other side you will find bitcoin.
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July 08, 2018, 11:03:59 PM
 #1148

I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?


What i would do now as the best bet for now with low risk levels is going into treasury bills; this yields well with respect to volume deposited/invested. Cryptocurrency for me now still looks dicey as the dip stoppage is still not ascertained.

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randyboy
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July 08, 2018, 11:11:13 PM
 #1149

I don't have a wise moved to save up my money where ever it is I can do is money managing because I manage my money whenever I need it and where it goes so I probably use my money for my self.

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July 08, 2018, 11:24:31 PM
 #1150

I don't have a wise moved to save up my money where ever it is I can do is money managing because I manage my money whenever I need it and where it goes so I probably use my money for my self.

Me too, sometimes there will be a time that we cannot really think what will be the wise moves needed with our savings and just hold and earn more. Maybe if we will do this wise saving tips we can manage our money.

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coinfinger
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July 09, 2018, 05:49:46 AM
 #1151

if I save it is mandatory, because if we save can make our old stock later, if you have money should never in one use, if you have money should be in the tube.
It is quite hard to decide what to do with your savings in order to make profit for which source must have a long term trusted store of value. In this modern world this decision is very easy for all of us to select a way or source from which we get profit. Most of the investors out there are recommending the crypto market best for making profit and especially the Bitcoin investment.

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compak_comunity
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July 09, 2018, 06:10:59 AM
 #1152

Probably making long-term investments includes the right step for someone when it wants to gain a big advantage going forward because the key to making it happen is to be patient with assets and try to hold back emotions when there is bad news about crypto.

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July 09, 2018, 06:15:43 AM
 #1153

if I save it is mandatory, because if we save can make our old stock later, if you have money should never in one use, if you have money should be in the tube.
It is quite hard to decide what to do with your savings in order to make profit for which source must have a long term trusted store of value. In this modern world this decision is very easy for all of us to select a way or source from which we get profit. Most of the investors out there are recommending the crypto market best for making profit and especially the Bitcoin investment.
crypto market and bitcoin can be a profitable investment portfolio in the next few years. the development of blockchain technology that has been used in various fields makes cryptocurrency increasingly favored by investors.
jakagintiri
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July 09, 2018, 06:37:33 AM
 #1154

there are many ways to manage your savings or money savings in order to increase without having a lot of losses, it is a safe way a little longer and the benefits are not so great but it will make you calm. example for your money savings to be increased safely is buy gold because gold prices do not decline, deposits in banks with research in advance to know which banks are giving greater interest, investment in the field of property can also be a profitable thing and msih many others its.

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July 09, 2018, 02:53:25 PM
 #1155

Invest in property. It’s very helpful to write down your reasons for wanting to invest in property. You can always revise your list if you change your mind about your investment motives.
Blue Bell
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July 10, 2018, 02:44:39 AM
 #1156

I usually spend 40% to invest in crypto, the rest I keep. That's the way I do it because I know that the Crypto market is always risky. Maybe they will take away our capital at any time, so do not invest in them all.
a considerable percentage in my opinion. but if we manage to get profit, will be much we can collect from our investment. besides in cryptocurrency better we also invest our money in other portofolio.
Yes crypto investment is full of profit and it can make our money more than double in very short time so we should manage our time and take good advantage of investing right now, buy some bitcoin at the lower price and hold for long term and get more than double profit, buy some coin and spare some money for your daily needs will give you better way of earning and you will get a chance of saving some money for your daily needs so will not have to sell your bitcoin in case of emergency.
Kuningkuning1
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July 10, 2018, 02:58:38 AM
 #1157

Savings is important to all of us, especially for adults or when we are becoming an adult. If you dare risk perhaps save 10% of your savings on the bank, the other 90% invest in Crypto, probably holding BTC or ETH, the two safest coins.
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July 10, 2018, 03:06:28 AM
 #1158

Well, it sounds funny but my savings is my payment here in the forum. I joined a campaign and let my payments here weekly store on my Bitcoin wallet. You can call it saving and at the same time, it is my investment. My main source of income is my monthly salary, I am not using or spending my payments here since I want to use it to invest on property and to build my own place, just in case my salary didn't cut it.

grigoriim
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July 10, 2018, 09:04:05 AM
 #1159

Wisest thing to do is to keep it in banks and guaranteed deposits like mutual funds. Everyone does not has the mind t profit from crypto.
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July 10, 2018, 09:45:29 AM
 #1160

I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?

Saving money is of important to all of us, even if just a ten percent or five percent its okay. I used to save money in my allowance even if small amount I still choose to save it rather than spend it. Well, for me. It is okay to invest your money to grow it and it is okay to sleep it in your wallet. Its up to you.

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