Investing money now has become really important thing. This is due to the fact that inflation has soared and now it is required to invest money in order to battle inflation. People who are not investing money right now are making a really huge mistake and I think that investing money right now will make it possible for people to survive tomorrow. So, have you invested your money somewhere?
Have you invested your money somewhere?
- Thread starter Passiveearner
- Start date
Yes, with the current low interest rate, putting money in savings account cannot help your money to grow. To fight inflation, I buy dividend paying blue chip stocks, mutual funds, bonds and physical gold. Only investment can make money work for you.
For now, I have not invested money anywhere. I plan on doing so soon so that I can start earning passive income. It is important for sure to invest as you cannot depend on one source of income these days.
- Thread starter
- #6
Tea is consumed a lot in my country. Almost each and every person drinks tea. However, I do not like to drink tea. Regardless of this, this business is booming a lot.
If you invest your money in gold, it is a very good business and you are going to make decent money from it.
I also love to invest in gold because it's a very viable investment.
- Thread starter
- #11
Gold might be viable, but only if its value increases. Gold is highly volatile asset and its price could change at any time and this is what happened last year when the price decreased a lot.
That's a very good investment program and I think I may have to also give it a try.
- Thread starter
- #14
As far as I know, the Hive backed dollar is actually a cryptocurrency. It is pegged to the dollar. So, its value depends entirely on the value of dollar.
This is quite interesting! Investing on a particular platform and earning 20% on a monthly basis is good.
No doubt, investment is a very wise and worthy decision any human should think of, because it will come handy and save you from the days of trouble, I'm currently investing into some cryptocurrency coins, but I'm still on it, still making some research in order to invest in the right coins.
I have actually invested my money else where as it is not an online investment that I made bit rather I did so on animal which in the next few months and years I would be having lots of it in my house.
If there is any investment that I try my best to run away from, it is online investments as it is the most risky investment one could do.
If there is any investment that I try my best to run away from, it is online investments as it is the most risky investment one could do.