er
8 years ago in #life by bitcoinflood (79)
$9.20
- Past Payouts $9.20
- - Author $8.80
- - Curators $0.40
71 votes
- fuzzyvest: $7.66
- pharesim: $0.54
- scaredycatguide: $0.31
- minnowsupport: $0.24
- overkillcoin: $0.10
- bue: $0.07
- doroda: $0.05
- bitcoinflood: $0.04
- grandpere: $0.03
- brianm4: $0.02
- lastminuteman: $0.02
- roosegr: $0.01
- volcom2558: $0.01
- michelnilles: $0.01
- steemprentice: $0.01
- ebargains: $0.01
- nikudutta: $0.01
- stephen.king989: $0.01
- ogochukwu: $0.00
- raymondspeaks: $0.00
- and 51 more
thanks for sharing
Haha, come on man, this is old school :-). Get your pension with crypto's
Crypto is very high risk and very volatile I wouldn't recommend it unless it is money people can afford to lose honestly.
Ok, i will honestly agree with that but a few % a year, it is just a joke, isnt'it? I hope blockchain will allow soon direct one 2 one loans where both investor and loan-taker will benefit and bl banks will dissapear. Investment is all about spreading portfolio where more risk is more possible reward, write something on that, will follow you and especially your progress :-)
Saving is good and works best for people who want to keep it save and maybe grow income gradually. But for aggressive investor, the motto is we "we trade it all or lose it all" and of course with good trading skills we double and make it all
Yes but the percent of people that are "good" or seem to think they are good at trading is very very low and honestly is based on some luck with as much good judgment as possible. No one can predict markets and anyone that says they can will most likely go up in flames at some point.
If your talking about normal trading in stocks then index funds are a good choice as you would be investing over many stocks and diversifying yourself. They have always proven to go up over time.
Yes, many people don't realize the power of compounding interest. That is why in my last post I discussed how everyone should track their net worth atleast semi-annual to actually see the progress.
Great point you can end up making a lot over the course of years when you start saving today.
We have negative interest rates and that will continue to prop up the financial system. Compound interest is a myth at this point. Sure, in nominal terms it may appear you are getting ahead but that's based on an underestimation of real inflation rates.
@bitcoinflood Hey buddy! Nice content. I dropped to this profile by chance but
I upvoted and followed you since you truly deserve it !
check out my profile and upvote and follow, too. fetmom - real estate investor and donator!
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Valor2S from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.
So now savings accounts lose you less money! Wow, how awesome!😉
Or you lose more not by saving? Better of the two evils perhaps :)