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Author Topic: Wise thing to do with your savings.  (Read 6299 times)
Nanot
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July 26, 2018, 02:53:45 PM
 #1301

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?
For me the money that u saved uo i want to used them fot the future of my child.the savings i been collect will be so precious and important. Saving can be also a life supporter you acan star up a small businesses. Not any kind of busniness that has a big fund but business who can provide and make others life be good at all. Saving can also used to make you being philantrophist so that you can help more to study hard..

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July 26, 2018, 03:03:23 PM
 #1302

To make a better future of course everything must be done, most people choose the safest thing that is saving in the banks, but for me investment is a better thing even though it is also risky, so I make investment as the main choice.

GalaxyWorld
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July 26, 2018, 03:14:26 PM
 #1303

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?
For me,the wise thing I can do with my savings is to invest  some part of it in bitcoin because there are lot of possibilities that you can gain more in bitcoin rather than saving your money in the bank and I will set aside a little amount for emergency purposes.
I spend most of my savings to invest in Bitcoin and some good altcoin like ETH and NEO. These are the coins that I think in the long run will grow very strong. Although investment in cryptocurrency is quite risky, I believe that the chances of getting great returns are very high and it depends on the time you invest in this market.

sirico
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July 26, 2018, 03:24:12 PM
 #1304

you can invest in real world businesses , stocks, Treasury Bills And Bonds and also you can invest that saving in your own business ..!
privedvelosiped
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July 26, 2018, 03:49:18 PM
 #1305

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're saying it right. 20% of their profits need to invest in other investment portfolios. For example, gold, diamonds, company shares and real estate. And any income that you get from cryptocurrency try to please yourself with purchases.

Alexbelov23
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July 26, 2018, 04:00:17 PM
 #1306

to put your entire saving into cryptocurrency might be very very risky, as we all have already seen in the past.... I would rather buy properties, invest in real estates... of course this I the opposite, talking about the two 'currency sides' , I'm definitely not an bitcoin hater, really not, but personally I would be to scared after all
chromosomes
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July 26, 2018, 04:09:45 PM
 #1307

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 can do a lot of things with your savings but you should always be smart and wise in every decision you make with it. If you want your savings to stay as to what it is right now, then just store it safe and sound somewhere. If you want it to grow, take some little percentage and the rest will help you as it serves as your back up if ever you fail. Just be wise always with your savings so that it won't run out all of a sudden.

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July 26, 2018, 04:11:09 PM
 #1308

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?
I think it would be better if you invested in crypto currency, then your 20% would likely be 5 times. if you are good at speculating about the market price then you will get a profit quickly

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July 26, 2018, 04:14:35 PM
 #1309

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 most likely should place it into some type of a more secure venture. There are a great deal of investment opportunities out available that take into consideration truly nonstop development yet moderate. This would be superior to simply leaving your cash in an unsafe venture or simply giving it a chance to sit under a sleeping pad some place on the grounds that at any rate you gather some premium. As you continue profiting, you'll wind up with additional in that just-in-case account until the point that it moves toward becoming something that you can really work with in a couple of years/decades.
Lodipetmalu
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July 26, 2018, 06:03:26 PM
 #1310

The very wise thing to do on your savings is to invest part of it in order to earn. Choose an investment you think that is very successful. You need to have some of your savings remain so if you need urgent cash, you can get it at once.

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Iandi anne
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July 26, 2018, 10:33:45 PM
 #1311

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?
The best thing to do is to put your earnings in a secure investment. Through investment, your money will be profitable and can grow with interest. It would be a little risky, but you just have to find a good investment and I think it would be worth a try.
Intensity13.6
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July 26, 2018, 10:40:48 PM
 #1312

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?

I think it is wise to invest your savings to gain more additional profit but it is also necessary that you have savings just sleep on your wallet to use in case of emergency. It is not bad if you save 10% for emergency purposes and invest all the rest.
Goniover
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July 26, 2018, 10:47:51 PM
 #1313

Invest in crypto especially in altcoins that are already in the aftermarkets or in the exchange. You could also check the coin if it is in the first 100 rank of coinmarketcap.com so as to get a good and establish crypto. I had a lot of coins there that i am eyeing to invest if only i had a lot of money or savings probably it is invested now crypto while market price is still low! Smiley
summit26
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July 26, 2018, 10:48:11 PM
 #1314

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?


the best thing to do with the saved money is to put in the bank but as much as possible you have the investment in order to grow your money just like in cryptocurrency and instead of put all your savings in the bank for you to be safe as well.

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t3ChNo
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July 26, 2018, 11:32:01 PM
 #1315

I prefer investing in real estate. If you get a great location, you're absolutely sure that the prices jack up.

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July 27, 2018, 07:52:05 AM
 #1316

I think the best wise thing to with your savings is just to invest but be wise and careful because scammers are all around now just be careful and put in bank for the future of your children and your family and dont spend your savings in bad or risky ways
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July 27, 2018, 07:59:58 AM
 #1317

For me, the best thing I do if I have a savings of $10,000 is to join an altcoin privatesale which gives more bonuses, I will HODL until I am satisfied with the profit it makes then I will convert it back to fiat or a major coin so I can re-invest it again for other altcoin private sale. But it is going to be very risky so I have to be very careful in choosing. That is if I have $10,000. Ahahaha! I dont even have a thousand dollars.

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July 27, 2018, 08:05:45 AM
 #1318

I still believe in bitcoin and I love ethereum. then crypto be my choice to invest, rather than silence my money in the bank. I've started this for a long time and always enjoy every moment of the price movement going on in the crypto world. when I make a profit, divide it into 3 parts. save in the bank as a reserve fund when something unexpected happens, invested back into a different crypto and the last part I use for daily shopping needs.

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July 27, 2018, 10:48:58 AM
 #1319

There's only one thing that you can do wisely on your savings. It's either you will invest it for business or invest it in cryptocurrencies or even stocks. But before you make investment, I prefer to you to gather information first.
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July 27, 2018, 12:41:19 PM
 #1320

The best thing to do with savings is to invest it like in cryptocurrency such as Bitcoin. Although investing evokes risk, there is opportunity that your savings might grow overtime rather than putting it with other sidelines.
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