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Author Topic: Wise thing to do with your savings.  (Read 8161 times)
rochellesagabaen
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September 03, 2018, 02:17:08 PM
 #1601

With liabilities and normal average cost for basic items costs developing at a substantially speedier pace than compensation in the course of recent decades, having the capacity to set aside some cash might be something that is quick turning into an extravagance. Actually I like the possibility of greater and better monetarily openings being accessible the more capital a man needs to contribute despite the fact that might be totally unreasonable and in reverse. In that sparing wouldn't speak to a ultimate objective in itself but instead the initial step of a money related arrangement which is expected to develop riches at a quicker rate the greater liquidity a man has accessible.

The idea of bitcoin and cryptographic forms of money prevailing because of them being roads of making esteem is additionally a thought which bids to me. To emulate their prosperity it may be advantageous to plan a sparing or contributing procedure which centers likewise around building long haul esteem as opposed to moment satisfaction plans which have a tendency to be high hazard and on occasion low reward.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Cangkeman Wae
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September 03, 2018, 02:24:52 PM
 #1602

The best thing to make a better future is by saving money, we must always be confident and optimistic that managing finances well will make the future better, besides saving, the thing to do is investment.
brianross7
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September 03, 2018, 02:59:09 PM
 #1603

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?
As for me, I always let my budget circulating in some of investing thing. In my investing plan, I tend to separate my funds into 3 parts. Firstly, I use 50% of my saving for real estate. It actually could bring benefit for me but it sometimes keeps your money for a long time. Secondly, I will spend 30% on the cryptocurrency. I realized that there is a lot of opportunity in the crypto market. Lastly, I use 20% to invest in some instant short business in the short term.
nur rochid
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September 03, 2018, 03:31:56 PM
 #1604

The best thing to make a better future is by saving money, we must always be confident and optimistic that managing finances well will make the future better, besides saving, the thing to do is investment.
i don't think saving money will make us rich, let alone save at a bank. but i am sure we must start investing for the future. many investment options include bitcoin, property or gold
Quarantine34
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September 03, 2018, 03:33:21 PM
 #1605

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?

If you are so lucky, and have confident in your self, better to invest it on crypto, or play poker, something that is connected in gambit. I assure to you that will gain a huge money, or win a big pot. If you want more money, invest in crypto at the same time play some of your money.
needcryptos
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September 03, 2018, 03:34:31 PM
 #1606

The new investment is a wise choice. Maybe, part of you send the bank, in part to make an attractive investment. You can do business like: buy and sell real estate. You can invest in virtual currency, ... These are all ways to invest in high interest rates if investors really learn and learn the right way to invest.
liliano
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September 03, 2018, 03:38:53 PM
 #1607

I prefer to invest 20% in a clear investment platform such as deposits, real estate and crypto. Where crypto currently provides the most benefits, even though large profits usually have a large risk as well
Baksobakar
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September 03, 2018, 04:42:23 PM
 #1608

invest it in my opinion. because it will provide an increase in assets
gaurav82
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September 03, 2018, 04:54:17 PM
 #1609

If I have money which I want to invest for future then I will divide it into five parts and invest it partially. Five parts are...
1. Fixed deposit.
2. Invest in real estate.
3. Invest in crypto currency.
4. Keep in saving account.
5. Invest in stock market.
This is good or not it depends on your thinking.
MyCoin8
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September 03, 2018, 05:01:19 PM
 #1610

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?
In my own opinion, I would rather suggest you to split the savings amount into two. One part for the real saving that will never be touched, and the other half for cryptocurrency investment.
Angry_Bird
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September 03, 2018, 09:44:58 PM
 #1611

I think if your savings are enough then it would be reasonable to invest in real estate. Otherwise or if you don't want to do that you can just keep saving it and it'll grow until you have an idea of what to do with them.

AncientMystery
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September 03, 2018, 10:40:26 PM
 #1612

Store, store and re-invest, also maybe backing up your business is an amazing thing to do as well because it may guarantee you independent and stable income in future.

Shutup
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September 03, 2018, 11:09:59 PM
 #1613

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 savings is to trade it while waiting for the pump of coins.At the same time while trading lm holding my tokens.lts better for me to have a small profit in every trade for the needs of my kids.
felicity06
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September 04, 2018, 12:20:47 AM
 #1614

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 it is much a greater idea if we only allocate 20% of our money for our savings.. Because we cant used it all though investing is really great but still we have our daily needed..  We need to allocate more money in it because we need for our daily living..  Atleast we need to have atleast 20% of it for our future as well..

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StImelda
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September 04, 2018, 12:24:24 AM
 #1615

Maybe a portion of the 20% (like half of it) can be invested in crypto-currency, in bitcoins preferably to guard against too much volatility and reduce risk.it is a better thing than just letting the cash sit idle
Tinker18
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September 04, 2018, 12:56:17 AM
 #1616

The best things can you do is to invest your money. Expect the funds for the emergency because you don’t know what will happens. Investing in bitcoin is a long term you have to wait the cost will be increment.
rochellesagabaen
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September 04, 2018, 01:44:19 AM
 #1617

I need to have my own particular information to get begin with my own business. Knowing how to deal with it. What's more, how to control and moving my own particular cash with my own business. So some time or another I can at long last say that I am more astute than before to make my own particular business with an effective investment funds.
Jay51
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September 04, 2018, 02:12:07 AM
 #1618

Any one that saves without reinvestment is like the biblical slave whom Jesus addressed as wicked slave for burying his talent on the ground with out reinvesting it.
turkandjaydee
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September 04, 2018, 02:35:58 AM
 #1619

The best things can you do is to invest your money. Expect the funds for the emergency because you don’t know what will happens. Investing in bitcoin is a long term you have to wait the cost will be increment.
1. Save for your next 6 months needs , and reinvest if there are still some money left.
2. Or just reinvest 50-70% of your income, and use the rest for your life needs.
About the emergency thing you can invest in insurance for that.
MMysterious
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September 04, 2018, 03:07:40 AM
 #1620

In my opinion the wise thing you can do your savings is to divide it by 3. Put it into your Emergency funds, Investments Funds and For Fun purposes. Emergency funds is an unwanted expenses we dont know when it will happen so we might as well has the money to spend for that, Investments Funds is for your future or retirement fund so you have the capability to buy or go wherever or whatever you want. And lastly a money to spend for fun purposes because you need to Live with the present while thinking the future. Theres no fun in life in working all your life until 60's. So have the luxury to enjoy life while working Smiley
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