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What's your Backup Plan ? Future and Investments
#11
Here in my country the biggest investment for future is in Land property.(Real estate) so i buy some land since two years ago and now the worth is almost double. and i still wait for more as per Feasibility or area i aspect more.
Crypto currency is still not legal here or want big and expensive hardware for mining.
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#12
(02-04-2021, 04:27 PM)xdude Wrote:  @tryp4vps

Yes, Bitcoin is possibly the only coin that is quite strong. But I don't think it's something you can buy and forget......


I would agree with you that Bitcoin is not something one can buy and forget. The same also applies to investments in the stock market though.

I think it is all about risk and return. Assets such as Bitcoin have potentially higher return, but also have higher risk. Smile


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#13
(02-11-2021, 05:23 PM)tryp4vps Wrote:  I would agree with you that Bitcoin is not something one can buy and forget. The same also applies to investments in the stock market though.

I think it is all about risk and return. Assets such as Bitcoin have potentially higher return, but also have higher risk. Smile

Well in the stock market there are some stocks which you can buy and just leave it there to grow the value. For example what we call first issues. Unless you are a day trader you go for this kind of stock. But yes if you want to make really good gains then you need to get into day trading. Just a few hours of work and you can earn some nice profits if you know what you are doing. This is something I really want to do. I have started watching the market dialing getting an idea of which stocks move daily and which doesn't.

Anyone these days into the FOREX market?
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#14
(02-18-2021, 04:57 PM)xdude Wrote:  Well in the stock market there are some stocks which you can buy and just leave it there to grow the value. For example what we call first issues. Unless you are a day trader you go for this kind of stock......


For those stocks which you can buy and just leave them there, you will find that their returns would not be so great in general if you compare with most others.

Because lower-risk stocks usually have lower returns. That would be just like investing in bonds. Smile


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