Post
Topic
Board Economics
Re: Wise thing to do with your savings.
by
cyberkuto
on 10/06/2018, 14:23:59 UTC
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?


What I would do is to have a business and invest 10% to 20% on bitcoin. Trading would be good as well.   The other savings that you get would be for emergency purposes. You know,  we really can't tell when it comes.  So money needs to be ready just incase.