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Author Topic: Wise thing to do with your savings.  (Read 8153 times)
Morgann
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September 12, 2018, 09:35:40 PM
 #1661

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 your savings is to invest even more in the market while the prices are still dumping or you can start your own business in order to have a passive income monthly.
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marine4u
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September 12, 2018, 09:55:02 PM
 #1662

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?

Respected Sir, I think investment is always a very sensitive issue, many people lost their hard earn money by making mistakes while investing. I think we should not retain ourselves to one type of investment, Better is that we do multiple savings according to our plan. Invest in stock, gold, real estate, and livestock.
Financial investment is basically a risky business that investors have to accept. Investing in your savings helps investors increase their assets but can also take risks at any time. Therefore, it is advisable to have a proper investment strategy to use the amount of savings appropriately.
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September 12, 2018, 10:00:30 PM
 #1663

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.
kemmycrypto
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September 13, 2018, 02:35:12 AM
 #1664

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
 #1665

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
 #1666

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
 #1667

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

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September 13, 2018, 06:38:28 AM
 #1668

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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September 13, 2018, 06:45:16 AM
 #1669

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
 #1670

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
 #1671

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
 #1672

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
 #1673

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
 #1674

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.

malah
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September 13, 2018, 02:09:11 PM
 #1675

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
 #1676

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
 #1677

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
 #1678

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
 #1679

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.

Arlibtchunt2018
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September 14, 2018, 11:17:52 AM
 #1680

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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