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How to invest money in good ways?

Bitcoins, investing in stocks and bonds

By Udari APublished 3 years ago 3 min read
Moneylion ad in youtube citation: https://www.youtube.com/watch?v=avwSBs9DsOI

What ways can you do something financially?

Substantially investing makes a lot of profit and not everybody has $100k lying around somewhere but if you do invest 98% in bonds or doing 50% of stocks and 50% bonds. Buying money from crypto is good and large amount is considered great if you want to keep money in a good place, who knows if it grows up to a greater than 100k.

FinTron app which you can download at https://www.fintroninvest.com citation: https://www.fintroninvest.com

Investing in bonds and stocks is great. Bonds is great if you want to invest a larger amount of money into it, and it's great if you want to add in a small amount. There are certain apps and application for it and I think looking up some like Moneylion, FinTron is good.

Are bonds and stocks similar when you invest?

When you talk about bonds it's like buying an individual bond like us bonds or using an investing other way when using a app.

Using a app to invest is a great because you might have stacks of bonds lying there and it will take a cut when you sell them back to the bank. It's important to see what is the right amount to invest, especially if you're investing $5 a week or $5 a day.

Stocks are different since you will be buying in individual and using robinhood, and other investing account like stash is great. There are things you can do with all them and make them useful but using one at a time would be better if you plan to store it in one account. Investing is not bad as everyone thinks, it's good to use and making sure you're money is in a good place.

It's good to invest in both and one in account, and I recommend using Moneylion, Fintron because there are good things to do in there.

What other option are there to do?

Making sure to keep your money in your bank while not hectically spending it is a good way to keep your eyes on things financially. Make a goal of what to spend and keep track of a saving goal for other things is great.

What other things you can do look at gain profit?

If you investing in stocks and have a lot to invest, I suggest you look at stock gainers in yahoo or buy from s&p 500, or Nasdaq. If you don't really have much money, using to buy at least $10 in either of heavy stocks can really boost your profit.

You can also use investing.com to look at the stock gainer and stock loser, but yahoo has day gainer and day loser which is updated every day so it's more useable and you won't have to worry about losing a penny.

Things to look out to gain profit

If you buy stocks, and checking out the stock gainers from yahoo and see that iRhythm Technologies, Inc. is in the top and

Things to be aware of

Buying an excess number of stocks can be dangerous to your money, and sometimes fall out can happen, instead make sure to see what results are then buy a large amount up to 20 shares because stuff can happen, and losing to stock is not good.

Things like crypto currency is good if you're buying a good amount like $1000 but other than that fall out can happen, and buying $5000 and up is risky unless you know the crypto currency is getting higher than usual, usually around $40,000 and up mean the crypto currency is getting higher and this is for bitcoin, but if you're buying Ethereum is different and kind of like not that high, so a minimum of $1,000 is what you should be investing unless it's getting higher. You can check https://www.coinbase.com/price for all the prices and stuff on crypto currency. See what the prices are and even trade when you set up an account and deposit money.

Conclusion

It's good to know basic stuff about investing in cryptocurrency and stock. Money should be always kept in a good place and not within somewhere you can't see it. Be careful not to overspend on stock or crypto currency than what you have to spend on daily things, and make good notes of your spending habits.

citation:

2021, https://www.coinbase.com/price.

Yahoo, Stock gainers: https://finance.yahoo.com/gainers

Yahoo, Stock losers: https://finance.yahoo.com/losers

investing

About the Creator

Udari A

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