Wise thing to do with your savings.

[lowellsniper]

Wise to do savings is to invest it to other bussines and save also what you profit in your bussines.

[1714173375]

1714173375

[hsyncl]

The most sensible investment is to make a mixed investment. To deposit all the assets one-by-one can provide a great return, but not all of them. So instead of taking such a risk, at least 70 percent bitcoin invest 30 percent of the most logical.

[tubig123]

If i had a chances can earned savings in bitcoin my first thing to do is possible time deposit in the bank or invest it depend the value of the market.Once the grow it in the bank of some interest percent of my savings i used it into a needed time like emergency happen .

[dyablo]

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 to do with my saving( except for the emergency funds) is to invest the half of it in cryptocurrency and save the half of it in a bank (time deposit).
Though cryptocurrency too risky, I want to try my luck investing in it,  because I believe that I can earn more profit  from it.

[tothanhtuan]

Assuming roughly 1/3 goes to taxes, leaves you 10m. Put half into real estate as income properties. Throw a few mil into traditional S&P Index funds, and the rest pay off all debts, buy yourself a house and keep some in crypto to continue to multiply long term. By 2020 we’ll likely see dividend yields from tokenized securities

[makolz26]

Assuming roughly 1/3 goes to taxes, leaves you 10m. Put half into real estate as income properties. Throw a few mil into traditional S&P Index funds, and the rest pay off all debts, buy yourself a house and keep some in crypto to continue to multiply long term. By 2020 we’ll likely see dividend yields from tokenized securities

Great idea, we should have that kind of prospective in our life, we should spend and invest our money wisely, we need this kind of thinking so that we can always maximize the money that we are earning, let us always not forget that it is not always easy to earn money that is why we need to use it wisely.

[Lalafell]

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 actually invest rather than keeping or saving my money without any interest. Though cryptocurrency is risky, uncertain, volatile and may crash anytime it will still be profitable for a savings but choosing the right coin will make sense. I saved my money in cryptocurrency and it actually has good result and I can have it whenever I need it most. I don't put my money in banks because I don't have an account yet but I am also planning to try it soon.

I also invest my money on my saving because it will help me to make more money and income. I think the wise thing that you need to do in your saving is to use it in investing so that you can multiply your money and you can also keep it in a safe place where you are the only one who knows it. Lastly, just to use it in investing to make more savings.

[Core.BUSTER]

I think the wisest way to do with my savings is to invest on bitcoin. In this way I could save my money while gaining from it.

I certainly agree with that opinion, using saving in investing on bitcoin will really help to make more money and it is wisest way that you can do. Furthermore, doing this will help gaining money while saving money and it is very effective way to multiply your money. However, do not put your all saving on investing so that you can have money if there is an emergency.

[MetalGear]

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 you can use the 20% emergency fund in investing on bitcoin because it is the wisest way to make more funds and money. On the other hand, if you use it in investing I think you can probably save more money and I think you use some insurance if there is emergency. Just try to use it investing and gain income while saving more money.

[feinter]

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 you can use the 20% emergency fund in investing on bitcoin because it is the wisest way to make more funds and money. On the other hand, if you use it in investing I think you can probably save more money and I think you use some insurance if there is emergency. Just try to use it investing and gain income while saving more money.

For longer-term goals, you may want to consider investing in cryptocurrency cause inflation can seriously affect the value of cash savings over the medium and long-term.

[alkiw21]

It is wise to save as an emergency money. It's a great option to save some money for emergency money. So it is important for us to save the money even if only a few dollars. I myself also have savings for emergency money and I never spend on things that are not useful.

[ov3rflow9x]

Of course the answer would highly depend on the ammount of savings that we are talking about, but the wise things to do with that are plenty

[jeluhtajem]

As to your savings that you have kept in your bank accounts for a long time, think of it if you already have a satisfying profit. If not, then it's best when you invest it in cryptocurrencies but you must have to be at least a risk taker before you are going to engage in crypto investment.

[maloibtc]

You should invest savings into crypto currency, for example, btc and ether. Most people do like this today as we see future in this ivestment. The long-term hold will provide you with the chance to earn good money

[nesty]

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?

Based on my experience that method is good but if you are looking for a higher income on investment compare to time deposit better yet go for crypto currency. In bank deposit our money will only sleep for a very minimal interest rate less the taxes so all in all the interest is much lesser. Since i am a risk taker i had transferred my savings to crypto currency investments and so far my investments are doing good but of course i had still left some of my savings for emergency needs of my family.

[mware]

emergency funds should be withdrawn and can used at any time. if you want to invest in cryptocurenncy you should not use emergency funding because it is high risk. try saving some more between emergency funds and investment funds

[bachus]

I love that method! To save 20% into investments, like the rule of turning your 20% into actives, not into passives. It can be very useful!

[Ondre]

It is good to allocate 20% for emergency but not advisable to keep as time deposits, just put it on bank as savings so itbis easily accessible. And allocatr some percentage for investment so itbwill earn hile waiting.

[manismanja]

when I save my assets I really hope to earn a profit every day from what I keep and what I have, try when trading do not use emergency money.

[AntonGrishko]

It is good to invest in Bitcoin or cryptocurrency but the emergency fund shouldn't be invested any where, we have percentage meant for investment. In some countries exchanging cryptocurrencies to fiat do take time and do not operate during weekends.