Are you investing / saving money?

Started by the_architect, Jul 19, 2022, 11:13 AM

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the_architectTopic starter

No matter how much I read and listen to financial management books, they all say that in order to have wealth, you need to invest a part (any, but usually ~ 20%) of your income.
So I started doing it myself. My observations in this area have shown that people are ready to invest in anything and anywhere, even where they offer a big percentage (which is most likely a scam).

I'm wondering if the users of this forum invest (bank deposits) / save money? If yes, then where?


From all the site profits, I leave about 10-15% on my wallet ($ 40-50), this is enough for me to recoup the monthly costs.
I withdraw the rest on a real deposit at 10.4%.

I invest in myself as needed. I pay taxes. The rest I hide from the state, which for some reason likes to take money from ordinary citizens.
I don't trust any banks. None of the investing today are fully GUARANTEED. However, it is not surprising.


As for me - a rather tricky subject. As a rule, in the stock market, investors usually hold an "investment portfolio" consisting of shares of various companies with the condition that they diversify one another. Investing in cryptocurrencies is now quite risky in my opinion.
So, I think the only opportunity for an inexperienced investor is to be guided by the advice (or copy) of professionals. Of course, for this they must first be found. :-\


I guess just having a deposit or buy stocks is enough. I'm never investing again since i've once failed with cryptocurrency investment. Maybe if i would do it a decade ago it would turn out much better.

Edwin Dunce

There is a golden rule 80/20. 20% of efforts give 80% of the result, and the remaining 80 - only 20%. The same rule works in economics, and it sounds like this: the right 20% of your funds will bring you 80% of all your profits.
As for investments, I personally divide them into 3 portfolios: a bank deposit, shares and investment raw materials. Everything is clear with the first one - $100,000 (for me personally) is in the bank at 8% (pennies, but they are used as a bookmark). Stock. I buy shares in medical companies in 80% of cases (I especially won during a pandemic). Investment raw materials - we are talking about investing in yourself (courses, trainings, improving relations with partners, etc.)


I invest in my education and my son's education. I think it's the best investment. As for savings, I have a money box (it's a service of my bank - 2% of my spent money go to this money box). The worst thing is that I can spend the saved money any time... I think I will invest one day, but I have to read more information about it.
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I tried to put together an investment portfolio. But problems with work began and I had to sell the entire investment package. No investment yet, until I fix the situation in my life


nikola Kras

Personally, I try to invest in real estate all my free assets. The crypt is not stable, the stocks too, but the construction is the most profitable, especially if you later sell this building for rent, and so on


There is such a good saying — don't put all your eggs in one basket.
Therefore, the best advice would be to diversify your investments. Personally, I would recommend index funds (ETFs). In several top ones. Plus, they are already diversified by themselves.
If you are not familiar, I recommend you to get acquainted. I believe that this is the most optimal and reliable option.


Despite the fact that almost everyone is familiar with the concept of investing, few people know that investment can be different. Before you choose an investment object, it is worth understanding its types. They classify investments according to several main factors that should be studied in advance.