Should I start investing?
Investing is regularly seen as an activity for those from ivory tower with $$$ savings. Or for experts who spend their days looking to Bloomberg monitor and those who have learnt Brealey & Myers by heart.
Counterwise, investing has changed a lot in recent years, thanks to technologies like blockchain.
Actually you can start investing with as little as $1 via things like CUTcoin Staking Pool. And it pays off.
Counterwise, investing has changed a lot in recent years, thanks to technologies like blockchain.
Actually you can start investing with as little as $1 via things like CUTcoin Staking Pool. And it pays off.
It beats inflation
With inflation 2.29% in the US, the Netherlands at 2.72% and 9.63% in India last year, there's a chance the value of your savings could go down over the long term.On the other hand, a diversified portfolio in traditional financial assets like stocks, bonds, and digital assets like cryptocurrency could help you beat inflation over the long time. Plus, with rising property prices, stagnant wages and pension plans, it's worth taking your destiny and fortune into your own hands.
With inflation 2.29% in the US, the Netherlands at 2.72% and 9.63% in India last year, there's a chance the value of your savings could go down over the long term.On the other hand, a diversified portfolio in traditional financial assets like stocks, bonds, and digital assets like cryptocurrency could help you beat inflation over the long time. Plus, with rising property prices, stagnant wages and pension plans, it's worth taking your destiny and fortune into your own hands.
Notes for a first-time investor
First, make sure you have an emergency fund with enough cash to cover three to six months' worth of expenses, and pay off any high-interest debt first.
"Ideally, you want to be able to invest your money for a minimum of five years, and preferably longer. So the money you allocate to investments needs to be money you can do without for at least five years," explains Emma Maslin, a founder of The Money Whisperer.
Second, only invest in line with a healthy appetite for risk. It really depends on your willingness to take a chance, on things like your age, your income, how secure your job is, and your other financial commitments. Pay attention to this and choose a low-to-zero risk solution, like our Staking Pool.
Third, make a difference with ethical investments. Indeed many people believe that investments are about making money. Yeah that's right, but there should be no trade off between making money and doing unethical things. That's why, you can just avoid controversial sectors like fossil fuels and waste of energy. For instance, instead of mining Bitcoin with high consumption of energy, better concentrate on eco-friendly technologies, like Proof of Stake -enabled pools.
First, make sure you have an emergency fund with enough cash to cover three to six months' worth of expenses, and pay off any high-interest debt first.
"Ideally, you want to be able to invest your money for a minimum of five years, and preferably longer. So the money you allocate to investments needs to be money you can do without for at least five years," explains Emma Maslin, a founder of The Money Whisperer.
Second, only invest in line with a healthy appetite for risk. It really depends on your willingness to take a chance, on things like your age, your income, how secure your job is, and your other financial commitments. Pay attention to this and choose a low-to-zero risk solution, like our Staking Pool.
Third, make a difference with ethical investments. Indeed many people believe that investments are about making money. Yeah that's right, but there should be no trade off between making money and doing unethical things. That's why, you can just avoid controversial sectors like fossil fuels and waste of energy. For instance, instead of mining Bitcoin with high consumption of energy, better concentrate on eco-friendly technologies, like Proof of Stake -enabled pools.
So, what is the solution?
As I mentioned before there are several solutions. I hope that you understand, that I'm talking about without any pitfalls. You read about CUTcoin Staking Pool. Let's count little bit how to earn with it.
After you sign up here and confirm account, choose exchange to buy coins. (I think support might help you).
Can you imagine that if you will stake just 1000 coins your enrolment will hits +5% monthly at your wallet. And that income is yours. Great, I think.
As I mentioned before there are several solutions. I hope that you understand, that I'm talking about without any pitfalls. You read about CUTcoin Staking Pool. Let's count little bit how to earn with it.
After you sign up here and confirm account, choose exchange to buy coins. (I think support might help you).
Can you imagine that if you will stake just 1000 coins your enrolment will hits +5% monthly at your wallet. And that income is yours. Great, I think.
Take care of your own fortune, stay home to protect elder people from COVID-19, and make a good impact on the world. Good vibes only ????
16 MARCH / 2019
Author: Chung Duck Hee
Official CUTcoin dev team wallet for donations! You're welcome cutb9vuXgqtS2fDGRRptm8QHdQb4NQv1ZWBDhUCzQAjYcCggvgTcvSsZX6WetiXw1p3HpTgAhTdmniSRwzqKNPDW4mUQt5FZsW
Official CUTcoin dev team wallet for donations! You're welcome :)
cutb9vuXgqtS2fDGRRptm8QHdQb4NQv1ZWBDhUCzQAjYcCggvgTcvSsZX6WetiXw1p3HpTgAhTdmniSRwzqKNPDW4mUQt5FZsW