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Author Topic: How to save money on a long-term period  (Read 4089 times)
dat.ho12492
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October 27, 2018, 01:46:08 PM
 #341

If you want to save your money all you have to do is to invest and make your own bank account so that you have a money that can use in the future.

I agree to you. If you really want to save money for a long period of time I suggest that open a bank account and store there the money you want to save. Then do not spend it on the thongs that do not really matter at all. Be wise in spending it all the time. And if ever you want to your save money to grow then maybe youcan try joining some investments.
Opening a bank account is a good way, but banks always have problems, we send too much money, it is also a scary thing, and so I usually split into two parts, one to send the bank and one to my wife. And I can guarantee women are a very good place to send money, even though I'm not profitable but safe and not allow withdrawal is extremely good, I can assert that I am forced to manage reasonable spending because my wife never gives me money back, if I do not use a reasonable salary, I may be hungry

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October 27, 2018, 01:54:48 PM
 #342

There are many ways to save your money over a long period of time. You can save and deposit at banks, buy long-term bonds. Or there is a way you can save money and make a profit. Buy a coin worth waiting for high prices.
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October 27, 2018, 02:42:59 PM
 #343

There are many ways to save your money over a long period of time. You can save and deposit at banks, buy long-term bonds. Or there is a way you can save money and make a profit. Buy a coin worth waiting for high prices.
deposit our money in the bank most secure ways to save our money.but it did not give us high interest or yield.maybe other product or investment portofolio could give us huge return.
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October 27, 2018, 03:20:29 PM
 #344

I know a lot of ways to save money but I only agree with you at buying real estate. Antiques and black metal are one of the hardest to recognize as good or bad. We need to learn a lot about that. Instead, we can buy real estate or buy bonds. That is the best choice for me.

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October 27, 2018, 05:28:21 PM
 #345

I don't think that black metals are good for saving money in a long-term period. Their storage and security costs are too high to save near that value over time.
I think they are good materials only if you want use them in infrastructure, otherwise they will taking space in storeroom without point.
The best option for saving money for long term in my view is to invest in property, because property will never lose money and with the passage of time the value of your property will increase. If you put your money in bank, you will spend it after some time because of easy access. If you invest in crypto, it is also usable and not good for long term savings.
Saving money for long term is good but itsto much hard to save in your home. Because no one know when you need the money also we should not save our money in banks too because they applied tax when you withdraw it and apply some charges.

Never keep big sums of money at home. It is too risky. Still, traditional banks can do it better for you. Additionally, you can invest in the best cryptocurrencies like Bitoin.
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October 27, 2018, 05:30:35 PM
 #346

It is interesting that when you reread dozens of smart articles about how to save your money, you still act in reality the way you want and learn from your mistakes. I have to say, that you can read a lot and know about diversification and so on, but in practice most do not follow these rules.

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October 27, 2018, 06:00:14 PM
 #347

I know a lot of ways to save money but I only agree with you at buying real estate. Antiques and black metal are one of the hardest to recognize as good or bad. We need to learn a lot about that. Instead, we can buy real estate or buy bonds. That is the best choice for me.
All method is not for all the people. It is not possible for anyone to maintain all the method to save money. But it is really true that one can save his money by buying digital coins which have enough potential. It will be holding on your account safely.
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October 27, 2018, 06:35:21 PM
 #348

I think to save money in the long-term period is very easy, You only have to maintain your assets and not sell them at cheap prices, patience is needed in this matter because doubt certainly exists when looking at prices that are very fast changing.
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October 27, 2018, 07:32:22 PM
 #349

If you want to save your money all you have to do is to invest and make your own bank account so that you have a money that can use in the future.

I agree to you. If you really want to save money for a long period of time I suggest that open a bank account and store there the money you want to save. Then do not spend it on the thongs that do not really matter at all. Be wise in spending it all the time. And if ever you want to your save money to grow then maybe youcan try joining some investments.

Saving for long time period is not always very effective it depends upon the changes of your investment so my opinion is Use your experience with some intelligence it will the only way to get more profit than ever.

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October 27, 2018, 07:54:26 PM
 #350

I know a lot of ways to save money but I only agree with you at buying real estate. Antiques and black metal are one of the hardest to recognize as good or bad. We need to learn a lot about that. Instead, we can buy real estate or buy bonds. That is the best choice for me.
On the contrary, I believe that investing in ferrous metal is not difficult. You just need to have a garage. As for antiques, you are right. In general, I believe that people exaggerate the difficulty in investing in anything. It's not as hard as it seems. It is better than keeping money in a bank. Do not keep money in the bank, you slowly lose it)
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October 27, 2018, 08:11:03 PM
 #351

If you want to save your money all you have to do is to invest and make your own bank account so that you have a money that can use in the future.
You must also create a book where you write the savings each month and always set aside a fixed amount of money from your salary first as it ensures that you have money for investments as what many people do is that they think about saving money but first they like to spend their hard earned money but when they are done with spending they realize that they don't have money left for saving so they remain poor and without any savings crushed under debt. So you should always consider setting aside the money for investments first and then should spend the rest of your money.
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October 27, 2018, 09:02:29 PM
 #352

There are many ways to save your money over a long period of time. You can save and deposit at banks, buy long-term bonds. Or there is a way you can save money and make a profit. Buy a coin worth waiting for high prices.

It is better to diversify one's investment and savings. For investment one may choose in banks, stocks or in cryptocurrency. One just have to choose wisely where to invest one's money as each points for investment has pros and cons.

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October 27, 2018, 09:50:54 PM
 #353

banks are the best place at the moment, at least fiat still tends to be stable and reliable for passif assets. But I prefer to divide it into assets and allocations are broken down again for passive assets like gold and active assets in crypto trading.

My assumption is that you should not feel comfortable with the same situation because fluctuations continue to grow, if you experience the worst possibility there is nothing more to be proud of because you only save without thinking about business aspects.

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October 27, 2018, 10:42:57 PM
 #354

banks are the best place at the moment, at least fiat still tends to be stable and reliable for passif assets. But I prefer to divide it into assets and allocations are broken down again for passive assets like gold and active assets in crypto trading.

My assumption is that you should not feel comfortable with the same situation because fluctuations continue to grow, if you experience the worst possibility there is nothing more to be proud of because you only save without thinking about business aspects.

I don't trust banks for long term investments, yes it is safe however your money will be sleeping, it's better to build your own business and manage it well at least it is for long term
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October 28, 2018, 04:15:32 AM
 #355

banks are the best place at the moment, at least fiat still tends to be stable and reliable for passif assets. But I prefer to divide it into assets and allocations are broken down again for passive assets like gold and active assets in crypto trading.

My assumption is that you should not feel comfortable with the same situation because fluctuations continue to grow, if you experience the worst possibility there is nothing more to be proud of because you only save without thinking about business aspects.

I don't trust banks for long term investments, yes it is safe however your money will be sleeping, it's better to build your own business and manage it well at least it is for long term

If we keep our money in the banks, our asset value decrease because inflation. Its safe keeping our money in banks but the value decreased and the interest is too low compare with other investment. Its true, rather than keeping our money in the banks, better building our own bussiness or we investing it on others investment instrument like property, gold or stocks or cryptocurrency

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October 28, 2018, 04:59:07 AM
 #356

If you want to save your money all you have to do is to invest and make your own bank account so that you have a money that can use in the future.

I agree to you. If you really want to save money for a long period of time I suggest that open a bank account and store there the money you want to save. Then do not spend it on the thongs that do not really matter at all. Be wise in spending it all the time. And if ever you want to your save money to grow then maybe youcan try joining some investments.
Opening a bank account is a good way, but banks always have problems, we send too much money, it is also a scary thing, and so I usually split into two parts, one to send the bank and one to my wife. And I can guarantee women are a very good place to send money, even though I'm not profitable but safe and not allow withdrawal is extremely good, I can assert that I am forced to manage reasonable spending because my wife never gives me money back, if I do not use a reasonable salary, I may be hungry
Save your money in your wife has a risk too. What if your wife cheats on you (or divorce)? To save money in long term, i think gold is the best choice as it has less volatility and will be useful to keep your money value in case your country's currency keeps falling.
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October 28, 2018, 05:03:14 AM
 #357

banks are the best place at the moment, at least fiat still tends to be stable and reliable for passif assets. But I prefer to divide it into assets and allocations are broken down again for passive assets like gold and active assets in crypto trading.

My assumption is that you should not feel comfortable with the same situation because fluctuations continue to grow, if you experience the worst possibility there is nothing more to be proud of because you only save without thinking about business aspects.

I don't trust banks for long term investments, yes it is safe however your money will be sleeping, it's better to build your own business and manage it well at least it is for long term

If we keep our money in the banks, our asset value decrease because inflation. Its safe keeping our money in banks but the value decreased and the interest is too low compare with other investment. Its true, rather than keeping our money in the banks, better building our own bussiness or we investing it on others investment instrument like property, gold or stocks or cryptocurrency
We have to realize that money is not easy to find, we must learn to value and respect our earnings. Avoid wasting your money and avoid impulsiveness. Set priorities and plan ahead of saving goals. Other ways of saving money on a long-term period is to invest and build own business, but don't be too quick to decide, it needs proper planning and preparation. It's also very important that we know what we are dealing with, make it a habit to think long-term, and value the essence of self-discipline.
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October 28, 2018, 05:31:10 AM
 #358

If you want to save your money all you have to do is to invest and make your own bank account so that you have a money that can use in the future.

I agree to you. If you really want to save money for a long period of time I suggest that open a bank account and store there the money you want to save. Then do not spend it on the thongs that do not really matter at all. Be wise in spending it all the time. And if ever you want to your save money to grow then maybe youcan try joining some investments.
Opening a bank account is a good way, but banks always have problems, we send too much money, it is also a scary thing, and so I usually split into two parts, one to send the bank and one to my wife. And I can guarantee women are a very good place to send money, even though I'm not profitable but safe and not allow withdrawal is extremely good, I can assert that I am forced to manage reasonable spending because my wife never gives me money back, if I do not use a reasonable salary, I may be hungry
Save your money in your wife has a risk too. What if your wife cheats on you (or divorce)? To save money in long term, i think gold is the best choice as it has less volatility and will be useful to keep your money value in case your country's currency keeps falling.
Quote
If you follow this link, you will see a graph of gold prices from 2000 to 2018. You will see that gold rose from a price of $ 300 in 2000 to $ 1,900 at the end of 2012. Then the price dropped to $ 1100 - $ 1,300 and now fluctuates in this range. Do you think this is low volatility? If you bought gold at the end of 2012, then you would have incurred significant losses
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October 28, 2018, 10:04:46 AM
 #359

that's a better idea. But in the meantime it is hard to assemble, you really need to earn at least just for the usual expenses. because there are so many expenses we can buy for ourselves and for the family, for me there is only one way to save money on bitcoin. especially now with no value the crypto needs to be just supposedly first and by holding a bitcoin coin we can accumulate huge amounts, that's how the way to save money by the time comes up the crypto value and We have huge savings in our wallet. for our future.
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October 28, 2018, 10:21:17 AM
 #360

If u want save your cash value - better to buy "things" - like cars, gold, houses, - things which will never loose its value and always people will need them   Embarrassed  Only things that have real value will have that value in the future

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