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Author Topic: How to save money on a long-term period  (Read 4096 times)
Andrew Gergeo
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November 10, 2018, 09:00:05 AM
 #381

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.
well, if you want a safe investment for long term, creating a bank account is a good choice. But for me, i will choose bitcoin instead. Buying bitcoin and holding for long term, it would help create more beneficial than bank.
hawkins
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November 16, 2018, 06:34:19 AM
 #382

Saving money is pretty simple you just need to create a bank account to store all your assets but the question is does that satisfy you ? or do you want to make profit while holding your money ? The answer is to invest in trading and start trading into crypto currencies where the volatility can make you fortunes.
well, thinking about it is so simple, but when your needs become bigger, it is very difficult to control. in this case, you have to have a target, and of course you also have to be economical in any case, so you can hold back money, or assets you have in the long run.
Initscri
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November 16, 2018, 08:05:15 AM
 #383

Saving is hard especially for those who are living paycheck to paycheck.
But, if you have the chance to save, in my opinion, you should put money into tangible ones such as property (real estate), businesses, precious metals (jewelry) and others, in which, their value increase thru time.
The OP already discussed so much advantages of those investments.
And it's up to your current situation where and how you will invest your money.
If you are not that well off, just live below your means. Even if you have small salary compared to others, you can still save something for yourself.

The people I know that claim to live "paycheck to paycheck" are usually the ones that buy unnecessary items, brand name clothing, overpriced cars, etc.

Most people just consume mindlessly, it's the culture we have built.  It's really not that difficult to slowly save up and accumulate wealth but most people don't have the patience and they want the instant gratification that consuming provides. 

Bingo, I've watched my friends who don't exactly make a considerable amount - who complain about the amount they make - then go and spend $200 on a jacket.

Look at the most wealthy people of the world and you'll note they aren't exactly wearing crazy expensive items (Bill Gates, Warren Buffet, etc)

As for saving money, just cut out a percentage of your paycheck. Collect pocket change and throw it into a jar, when it becomes large enough, invest it. Basically finding ways to set a portion of your income aside is the most important objective.

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Armstand
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November 16, 2018, 08:50:40 AM
 #384

Saving money is pretty simple you just need to create a bank account to store all your assets but the question is does that satisfy you ? or do you want to make profit while holding your money ? The answer is to invest in trading and start trading into crypto currencies where the volatility can make you fortunes.
well, thinking about it is so simple, but when your needs become bigger, it is very difficult to control. in this case, you have to have a target, and of course you also have to be economical in any case, so you can hold back money, or assets you have in the long run.
It will depend on what to hold some coins didn't deserve holding too much having some balance on our spending and saving is the key to really have a investment.
Julien_Olynpic (OP)
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November 16, 2018, 01:36:12 PM
 #385

Quote
    The way this is written, I’m find it a bit difficult to understand what you mean… what black metal are you referring to, is it a cryptocurrency? Or you mean just buying and storing ordinary metal? There are many ways we can save money but I’m yet to understand what you’re trying to pass through here so at the moment I would say that you can still save money with foreign currencies that are topping yours.    


Buy and store ordinary metal
Buy and store ordinary metal. In Russian, “black metal” is the same as in English, probably “ordinary metal”. Can you suggest the best translation)

 
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kkaroul4
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November 16, 2018, 02:03:03 PM
 #386

there are many things that we can do to save money in the long term such as being deposited into a bank or for investment because in this way we can all save our money well and we can also benefit from the investment

Adhichan
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November 16, 2018, 02:08:37 PM
 #387

there are many things that we can do to save money in the long term such as being deposited into a bank or for investment because in this way we can all save our money well and we can also benefit from the investment
deposited money in a bank give us small return.maybe if we have more money , better use this to buy land or property.in my country this is most favourite investment portofolio.
supermine
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November 16, 2018, 03:00:10 PM
 #388

If you want to save money in long term then you should cut down all your unnecessary expenses but you if your intention is to make more money from your savings then you should invest in something which can be less risky and have good returns for thet crypto investment also a good thing to consider or you can iinvest on mutual funds or real estate.
rikybrosh
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November 16, 2018, 03:31:04 PM
 #389

I think rather than only save money in form of gold or metal, it will be better if you invest it in property. The number of human population is increases so people nees place to live. Anyway only saving money will create a leakages in money circulation so the improvement of people economy will be slower. Make a business is better.

viananda2525
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November 16, 2018, 03:39:54 PM
 #390

I think rather than only save money in form of gold or metal, it will be better if you invest it in property. The number of human population is increases so people nees place to live. Anyway only saving money will create a leakages in money circulation so the improvement of people economy will be slower. Make a business is better.
gold or metal liquidity better than property.if someday we need money for urgent need we could easily sell our gold stock.but dont forget gold investment has bigger risk than property.

fipper
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November 16, 2018, 07:03:47 PM
 #391

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.
what do you say is very true to invest your money if indeed you are not fully convinced of the investment in crypto currency, if you already have considerable confidence I think investment with crypto currencies might also be profitable
Adhichan
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November 17, 2018, 01:04:22 AM
 #392

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.
what do you say is very true to invest your money if indeed you are not fully convinced of the investment in crypto currency, if you already have considerable confidence I think investment with crypto currencies might also be profitable
profitable or not depends on our effort to make it.if we didnt make important action or preparation we could not earn any profit.although this market give us lot opportunity.
Andika23
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November 17, 2018, 01:23:09 AM
 #393

I think if you want to save your money safely and the nominal value of money you don't want to reduce better you invest in gold or silver, because with your investment in gold or silver the nominal value of your money will not decrease, the price of gold will continue to rise at every year, different if you save money in a bank, every year or month will be tax deducted from the bang, and your money will continue to decrease even with a small value. I would rather recommend you to invest safely in gold or silver.
Lunalionn
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November 17, 2018, 01:56:18 AM
 #394

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.
From my point of view, it is not the best idea. We can save money on a long term period with cryptocurrency, why not? I think that if you prepare enough knowledge and you understand this world, investing oin crypto world would help you earn more than bank.
wahyu wida
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November 17, 2018, 02:30:59 AM
 #395

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.
what do you say is very true to invest your money if indeed you are not fully convinced of the investment in crypto currency, if you already have considerable confidence I think investment with crypto currencies might also be profitable
profitable or not depends on our effort to make it.if we didnt make important action or preparation we could not earn any profit.although this market give us lot opportunity.
besides that we must know risks at the beginning, because sometimes what we predict is not as expected, so our mentality will be strong and ready to hold in the long term
darkr
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November 17, 2018, 03:28:57 PM
 #396

Saving money is pretty simple you just need to create a bank account to store all your assets but the question is does that satisfy you ? or do you want to make profit while holding your money ? The answer is to invest in trading and start trading into crypto currencies where the volatility can make you fortunes.

If you store a large sum of money in a reliable bank, it will also bring you the profit. Meanwhile, beside this choice, you can really always pick trading. However, here you will need the experience.
Nissan-GTR
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November 17, 2018, 04:33:45 PM
 #397

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.
Saving money in a long term period of time is also good if you have money to save every month for your savings but if how long you are saving if you can't save money regular then you cannot save more than expected. I suggest that you must set also a goal for saving money especially if you monthly income is almost exact with your daily needs especially for your family so we must know how to manage also our income/money/bitcoin eveey month for our savings.

I agree with this, well saving money is actually the fundamental of securing a money for a long term period and by that we can say that continuous saving an acceptable amount will do for you to start saving in bank which will secure your future and some unexpected instances that savings might help you, and don't disregard the power of education.
RokokGudangGaram
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November 17, 2018, 04:45:23 PM
 #398

if I'm alone by depositing money and investing in the long run too, because this way is very good for saving my money and I can also get the results of the profits from the investment

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November 17, 2018, 07:49:25 PM
 #399

of course if the money is a lot I would prefer to keep it in a bank or an ATM because of guaranteed security. I don't want a risk that I don't want because this is a matter of money. if we have lost money then we can be crazy and hopeless or resigned.
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November 17, 2018, 11:22:18 PM
 #400

of course if the money is a lot I would prefer to keep it in a bank or an ATM because of guaranteed security. I don't want a risk that I don't want because this is a matter of money. if we have lost money then we can be crazy and hopeless or resigned.
Investment is the best way to save and at the same time there is an opportunity to be profitable, yes its true that bank is safe to save for it is an centralized system but profit is always low and worst is if bank declare bankrupcy so still security is not 100%, therefore as for me I prefer to gamble to invest in crypto currency for I always believe its fate.

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