Post
Topic
Board Economics
Re: Best way for steady income
by
Schuyler
on 04/05/2017, 05:38:33 UTC
If you want a steady income go find some work that will give you salary. Expecting steady income without a risk in investment is too good to be true, every investment has it's risk. If this is too easy for everybody, everyone will be rich by now.
Thw best way to get steady is surely first to get a job and then save as much as possible. After that invest in bitcoins there is a slight risk but upto 40% return per year or just deposit in your bank and get 6% pa.
Also, the interest rates you get in a bank is so low that when you take into account inflation you may end up losing money so it is way better to invest in bitcoin than to invest your money in a savings account, just look at how much money you could have made in the past few weeks.
Bitcoin is definitely a high reward type of investment that can give far more income than what bank deposits can ever offer. Although not as stable as other investments, bitcoin has for the last two years been very good in its performance, even compared to stocks. But don’t depend on it as your only source of income. Treat it the same way you treat your other sources of passive income, if any.