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Author Topic: How to save and invest wisely?  (Read 265 times)
NoFace01 (OP)
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September 26, 2019, 06:22:35 AM
 #1

First of all, I want to know if I should save more or invest more. I only save up cash because I have little investment plans. What are the available investment and how can I save to earn profit?
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September 26, 2019, 05:46:33 PM
 #2

First of all, I want to know if I should save more or invest more. I only save up cash because I have little investment plans. What are the available investment and how can I save to earn profit?

In my opinion saving plans do not provide you a better future.
I was saving a lot and I didn't see any increase in my profits, and now I started making investments. I think it would be a good time to start building on compound interest.
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September 30, 2019, 07:39:12 PM
 #3

I think that the best method of investing is an interesting in the own business. It is important to do it wisely. I try to develop my business. I am an owner of a small financial firm, wich gives a loans. My last investment is spending on leads. I did it through https://www.leadsmarket.com/why-choose-us . It is a really good tool for business, because leads can became a real clients and bring additional income.
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October 01, 2019, 01:30:45 AM
 #4

First of all, I want to know if I should save more or invest more. I only save up cash because I have little investment plans. What are the available investment and how can I save to earn profit?

You did not mention what do you want to invest in since you posted it here I guess it's about Cryptocurrency, my advice is to only invest what you can afford to lose, the market as you can see is very volatile, yesterday it was down, now it's up and we don't know what is going to happen tomorrow, the best investment has always been the top 3 coins in the market if you want to be sure of your investment, Hodl and you can make a profit in the future.

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October 01, 2019, 04:58:26 PM
 #5

Learn first. watch some videos, read a book. There are even educational platforms like Newscrypto.io that provide you basic knowledge to start trading
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October 02, 2019, 11:05:20 PM
 #6

Saving money does not increase it value, in a simple word saved money is useless since it does not yield any profit and can get finished as you continue to spend it on the other hand wisely invested money is a saved money.

 
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October 03, 2019, 12:42:13 AM
 #7

Have an account, preferably a brokerage account, that only grows.  Don't ever cash out dividends.  Pay the taxes with funds from somewhere else, and put money in whenever you can.  Invest in sustainable business models with excess cash from operations, a history of growing dividends, and a low P/E ratio. 

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October 03, 2019, 03:04:03 PM
 #8

First of all, I want to know if I should save more or invest more. I only save up cash because I have little investment plans. What are the available investment and how can I save to earn profit?

The best advice is to only buy what you need and not what you want and do not take a loan that you cannot repay, and of course live only within your means, if you implemented this, you will have excess money that you can save, if you want to invest, invest first in yourself by educating yourself first, if you have the money to invest, then go to Bitcoin and just add if you have more to invest.
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October 03, 2019, 03:50:58 PM
 #9

Saving is practically dead in today's world. Inflation can de-value your savings in a matter of days. Biggest money savings procedures are investing in stable assets. If you want to invest in crypto it's a riskier plan, so get as much info as you can. Check the websites, whitepaper or use platforms like newly developed Newscrypto.io for crypto insights
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October 03, 2019, 09:53:16 PM
 #10

First of all, I want to know if I should save more or invest more.
This is easy, save to invest.

I only save up cash because I have little investment plans.
What you do is okay for saving cash for the potential investments you have in the future, just keep this up. It's not just about the investment and saving only but it's also about your attitude of being responsible to handle money.

What are the available investment and how can I save to earn profit?
You're in the bitcoin forum so obviously it's the first thing to buy, then real estate, then stocks and so on.



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Rainbot
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October 03, 2019, 10:36:48 PM
 #11

The best way of saving money is increasing your income instead  Wink
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October 05, 2019, 01:48:59 PM
 #12

First of all, I want to know if I should save more or invest more. I only save up cash because I have little investment plans. What are the available investment and how can I save to earn profit?
Remember you saving amount should be around 10% of your invested amount because saving is not going to increase its value but investment will do.

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October 05, 2019, 06:30:01 PM
 #13

First of all, I want to know if I should save more or invest more. I only save up cash because I have little investment plans. What are the available investment and how can I save to earn profit?
Remember you saving amount should be around 10% of your invested amount because saving is not going to increase its value but investment will do.
saving is around what you can spent on things that is not necessary and investing is the most important

 
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October 05, 2019, 07:08:42 PM
 #14

First of all, I want to know if I should save more or invest more. I only save up cash because I have little investment plans. What are the available investment and how can I save to earn profit?

In my opinion saving plans do not provide you a better future.
I was saving a lot and I didn't see any increase in my profits, and now I started making investments. I think it would be a good time to start building on compound interest.
That’s exactly what OP’s question mate on how or where to invest


To OP I believe that you want to ask about investing in cryptocurrency as you were posting in this forum?or this is a general questions?

- If this about crypto investing all I can say is study first because failure awaits you if rushing to profit in this market

- but if this general question then better build a business in real life that you have knowledge and love to do,I myself use to save money as well in banks but realizes that banks only benefits from my money so since I love to cook?i stared my food business and now getting profit from this and also following my passions









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akram143
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October 06, 2019, 10:11:46 AM
 #15

First of all, I want to know if I should save more or invest more. I only save up cash because I have little investment plans. What are the available investment and how can I save to earn profit?
Remember you saving amount should be around 10% of your invested amount because saving is not going to increase its value but investment will do.
saving is around what you can spent on things that is not necessary and investing is the most important
Saving should be more than what you need for certain things,atleast you must have saving amount to cover all the expenses of your next 6 month in case if you lost your job or something like that and investment should be made for very longer term to get more effectiveness.

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October 06, 2019, 03:54:08 PM
 #16

Invest in new altcoins
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October 06, 2019, 06:09:41 PM
 #17

When you invest, do a proper research of what you are actually going to invest in . Showing Off less helps men , greedy girls also known as gold diggers look for rich people this actually pushes men to invest in luxurious items . Look for recurring income .

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October 06, 2019, 10:36:49 PM
 #18

Definitely invest more, but be very careful about what you invest in. Investing in a solid project when it's new and undervalued is a great thing, while investing in a totally useless project that's shilled by a dodgy CEO is an excellent way to get rekt.

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October 06, 2019, 11:02:16 PM
 #19

Well, if you have much money you should consider saving a part of that money before investing on any business. Probably buying gold is a good option to save your money better than saving it on a bank because that what rich people do. But if you don't have that much money than investment is your only chooce to increase your money and get profits. And any business needs a lot of work and consideration before taking steps and loosing all your money.

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October 07, 2019, 03:44:44 AM
 #20

Invest in new altcoins
What?new altcoins?any specific?OP is looking for advice safely investing and not to be a victim of scammers and shitcoins lol 😂

Definitely invest more, but be very careful about what you invest in. Investing in a solid project when it's new and undervalued is a great thing, while investing in a totally useless project that's shilled by a dodgy CEO is an excellent way to get rekt.
The question is how to find a solid project?and how to distinguished the useless project to legit one?









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