What accord to you is the safest investment?
- Thread starter Hate2Wait
- Start date
I think the safest investment is real estate, it is not as risky as stocks and crypto.
Investing in a certificate of deposit or fixed deposit bank account is one of the safest investments. In my home country, you can earn up to 12 percent interest on a certificate of deposit if you invest for minimum 1 year term
The safest form of investment are the investment that has a very low level risk.
It is true that a safe investment would have minimal risk.
If I were in your place, I would save some money in the bank and I would invest the rest in cryptocurrencies or stocks.
- Thread starter
- #50
That's good but I am still not fully aware of stock market and how to make money from it so it's not easy and we need to learn about it properly
I know. You are right. Without the proper knowledge, it is too risky to invest. We should learn a few things before investing.
One thing I've learnt about investments is that it's good to be patient with it and have long term goals. Short term investments are very risky. Why not select some good crypto tokens to buy and forget for years. You'll be glad you did.
- Thread starter
- #53
This is a very good suggestion and if we have the patience with crypto investments then we can make big in the long run
