Post
Topic
Board Trading Discussion
Re: Savings Vs Investment?
by
LUCKMCFLY
on 06/12/2019, 23:57:00 UTC
~snip~

In the traditional economy, saving was an option for many, who saw that it had many benefits, but due to the pace we are living, and as you say, inflation problems and many rumors about the possible crash of the world economy.

While investment is a good way to shelter money and value from it, diversifying into Bitcoin and Gold is not a bad thing, however money according to many Investment book authors advise that they should invest to have long-term benefits, it is much better than earning annual interest in a bank that offers less than 24%, while in investment of Real Estate, Bitcoin, Stock Market and Gold it can exceed 24%. I take 24% because it is a round number that no bank offers, it could be said that no bank gives a quarterly interest of than 6%.

Then there are risks in investment, if in the stock market you do not invest in the action that is correct, you may be able to lose some money, if you invest in Bitcoin you will have for now an assured success because you have already fulfilled according to Wyckoff the accumulation stage and It will have an ATH greater than $ 20k, that is an incentive for investment there and gold for being the traditional asset of global trust.