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Author Topic: Wise thing to do with your savings.  (Read 6639 times)
tambok
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September 12, 2018, 10:00:30 PM
 #1681

If you have a certain amount of money that you do not need, you should join the transaction as it will help you make a profit if you trade successfully.
This is really a wise thing you use to do because keeping a lot of saving but now investment is useless and it will give you nothing but your money will only get rusted, same as you I have decided to invest my money, the more I will invest the more it will get double and increase with time, the other thing we all need to do it try to earn more than you spend so this way you will earn good amount of money for your future.
That is totally right, not every time we will have an opportunity to that is why we need to at least save some of our money for us to be able to have a right money at the right time, in times of emergency and for the future, it is advisable too to have a savings for cryptocurrency so that we do have a great investment.

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kemmycrypto
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September 13, 2018, 02:35:12 AM
 #1682

is another thing to save and is not her thing know how to convert your save into an investment. when for a raining day, invest it into something that can fetch you additional money. so that your saving would not be laying fallow. invest in cryptocurrency you won't regret it. investment is the key that open door for success.
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September 13, 2018, 03:08:40 AM
 #1683

The wise thing to do with saving is to invest it in real property, crypto currencies though a very risky thing, business, insurance and other forms that could bring profits to us. But of course we do still have the fund that will be used for emergency purposes.

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September 13, 2018, 03:55:59 AM
 #1684

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 the investment is a better thing even though it is also risky, so I make the investment as the main choice.
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September 13, 2018, 05:39:10 AM
 #1685

The best wise thing is invest your saving in your education. Because education can makes you a successful man where bitcoin can be die any time. We should consider our education so we can get a  good job
MMysterious
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September 13, 2018, 06:38:28 AM
 #1686

The wise thing to do with saving is to invest it in real property, crypto currencies though a very risky thing, business, insurance and other forms that could bring profits to us. But of course we do still have the fund that will be used for emergency purposes.

If you still young and you have savings you should invest it to any investment instruments. All investments has risk and dont have assurance that you can double your money in no time. But in the process of investing your savings you learn from it. Maybe you will lose a couple of dollar sometimes but you will learn from it. Investing is a process to become successful on it. You will risk your money on something that you believe that will be profitable in the near future. Invest, make mistakes and learn from it. Experience is the best teacher Smiley

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olalaMaty
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September 13, 2018, 06:45:16 AM
 #1687

The best thing to do if you have money but you use it to invest you can get benefits from the convenience you have and as if the money will generate that money is wise
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September 13, 2018, 07:59:52 AM
 #1688

I think it's better to invest a portion of our savings into some passive income such as stocks or cryptocurrency. In investment, it takes patience if we want to make a profit, and the presence of cryptcorrencies is of course the best solution for profitand better than saving at a bank. Let your money be useful for others and for your family .
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September 13, 2018, 08:43:19 AM
 #1689

I use emergency funds to invest in gold. Because I can turn it into money whenever I want. If I invest in crypto I would be very difficult to use when the market goes down, so I have a private investment for crypto.
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September 13, 2018, 08:52:26 AM
 #1690

It sounds quite impossible but it is possible if we would be able to handle our finances wisely. I think it is important that we do something to put our savings and let it grow. I would just want to invest some of my savings to crypto and hold it for a long term.
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September 13, 2018, 11:07:27 AM
 #1691

In my opinion, wise thing to do is to start up a small business and learn the art of investing. In times like these, interest rates on a bank savings account is very low, not to mention withholding taxes, very frustrating cause your money cant grow that big on a bank.

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September 13, 2018, 11:36:48 AM
 #1692

if you set aside the money for an emergency then it is as good as a tube as usual and if you want to invest then you have to have other funds because in my opinion any investment must have a risk and we never know we will get a profit or loss.

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September 13, 2018, 02:09:11 PM
 #1693

we really have to be wise with the money we save and there must be funds for something emergency and also for the future so that our future will be more secure and not worry about the needs

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September 13, 2018, 02:57:15 PM
 #1694

The wise thing to do with my savings is to invest 60% on  safe investments like buying real properties which has the pontential to become prime lots and 40% on btc or other alts which are also the potential ones. I'll choose from top 10 alts.

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September 13, 2018, 04:01:25 PM
 #1695

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?
Investing in crypto is a risky thing, so many people say that you should not invest your last money since you can easily lose them all.
I would start saving money in a bank account and when there is enough funds I would buy a piece of real estate.

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September 13, 2018, 04:39:45 PM
 #1696

this way is very good, but it would be nice money in gold or digital assets to buy, to invest

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September 14, 2018, 11:10:48 AM
 #1697

If you have money that you would put on your bank account and you won't touch it for months, or you have money to put on the account each month so you won't spend it. Or if you have a problem with spending your extra money, and don't have a control to save it, it is best to invest in crypto currencies. That way you won't touch it for months or years and you profit will rise.

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September 14, 2018, 11:17:52 AM
 #1698

The best way to do In your savings is to invest on bitcoin or in ethereum. Since its prices is low right now which is a good opportunity for a better profit gains.

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September 14, 2018, 11:24:54 AM
 #1699

20% of the income I will deposit long term in the bank for my children later.
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September 14, 2018, 05:11:28 PM
 #1700

20% of the income I will deposit long term in the bank for my children later.
You know what that never really made sense to me. For me, you have to spend all of your money to your kids. You have to enroll them in the best school that you can afford, feed them the highest quality of food (take note: high quality foods aren't necessarily expensive; an apple is already quality food), go on a vacation with them, live in the best neighborhood that you can afford, etc. There's just no point to save for their future but then leave the present half-ass funded. By the time that they are 18, since they had a good education and they have a well-developed brain (because of the high quality food), they can fend for themselves already. You see incompetent people aged more than them and the reason for that is because they were never given good education and their foods aren't that nutritious. But this is just my opinion, of course. Give everything to your kids today, not in the future.

I mean, would you rather have a child with no money but has great education, and has high IQ or a child with funds (from your savings) but has mediocre education, and an immature brain? I'd rather have the former.

(But of course I'm not saying you should not save for emergency funds, I'm just saying that you shouldn't save for their future. Work on their present so in the future they will be able to survive and make money by themselves. I'd like to add that wouldn't saving for the future of your kids would mean that you know for a fact that your kids wouldn't be able to fend for themselves in the future, meaning deep inside you're thinking you are not raising them well enough?)
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