Quote from: Papaczed on June 08, 2018, 09:25:25 AM

Quote from: player514 on May 25, 2018, 05:20:22 AM

Quote from: Pumapipa on May 25, 2018, 05:03:52 AM

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?

You could (and probably should) put it into some form of a safer investment. There are a lot of stock options out on the market that allow for pretty continual growth albeit very slow. This would be better than just leaving your money in a risky investment or just letting it sit under a mattress somewhere because at least you collect some interest. As you keep making money, you'll end up with more in that emergency fund until it becomes something that you can actually work with in a few years/decades.

I suggest to you to have an investment for houses and lot and cars also. For me, its a very great type of investment and a great things to be spent on with your savings. This things can have a higher value in the future so this will benefit you.

Well real estate is one of the best investment or asset in these year as my article that I've read said so. There are also the mutual funding and this peer to peer lending. If you want to save using your crypto currencies, better invest in a good crypto currency and just let it pump. A lot of good crypto currencies start at it's ICO project and if you find a great one, don't doubt to invest on it unless it is a scam project so be careful.