Quote from: chosenboy4 on September 12, 2018, 03:34:20 PM

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?

Respected Sir, I think investment is always a very sensitive issue, many people lost their hard earn money by making mistakes while investing. I think we should not retain ourselves to one type of investment, Better is that we do multiple savings according to our plan. Invest in stock, gold, real estate, and livestock.

Financial investment is basically a risky business that investors have to accept. Investing in your savings helps investors increase their assets but can also take risks at any time. Therefore, it is advisable to have a proper investment strategy to use the amount of savings appropriately.