Assets and liabilities.π§
Namaskar / Hello to all hive users, who will reach this post. I hope you are doing great and having fun in your life and enjoying it with your loved ones.
We all do invest in a lot of things and most of us don't even think about the product or things we did bring. We did realize that later what we have done is it a waste of valuables. Sounds thousands in a mobile phone is not really a good idea. It is better to invest that amount in cryptocurrency or stocks it will at least give you something in return. Mobile phone is just liabilities to us. That is not going to give us anything eventually it increases your expenses βΉοΈ.
So standing thousands of money on mobile is not worth it, if you are rich enough to buy. π Then the case is different.
It is not an easy thing to identify what to buy and what to not if you are in a big joint family then case me more worth it is not an easy job to track every single expense. Most of the time we all do buy things that are liabilities to us. I am Readings and listings audiobooks these days most of them are related to finances related and I did see the change in myself and I did start thinking in different ways. The way I haven't thought yet. reading books and audible are really helpful.
You should try it too.
There are really infinite ways to invest and earn a good return some are in a short period of time and some are long term. I do prefer the long-term strategy a lot the long-term investment did minimize the risk and assure a good return most of the time. I do prefer the long-term investment that is why I believe in hbd interest I do transfer all my earned hbd to saving and it is really a good strategy if you really want to earn an extra income from the hive. Thanks to hive developers and witnesses to make that possible for all of us. β€οΈ. You already did see many trending posts on 20% interest in HBD savings. Yes, 20% APR is it really good deal think about it.
I saw a post from @dbooster about HBD Savings is at 20%! ~ Why You Should Get In Now ~ The Power of Compound Interest if you have not read it has a sneak peek there π€, you will not going to regret I am sure about that.
Have you read it not so fast take your time and see how compounding works. I have seen many users on hive who have invested a huge amount in hbd and the interest and the return were really juicy when the APR was only 12% now it is 20% so what are you waiting for Go for it. It is really a win and wins situation for sure. if you have no idea read read this to know about hbd interest.
I hope you did find did post interesting and we did learn something new from here π
not all of the readers did that I am sure you are already a way too smart.
Thanks a lot for staying till the end ππ, let me know what you think?
Never forget one thing you should be grateful for because what you have someone has a dream of that. So learn to be grateful. Be Thankful. ππ
Thanks a lot for being here, let me know what you think.
If you are new to the splinterlands game then feel free to join my referral π
My splinterlands referral
few posts from my past that might be helpful for you.
How To convert HIVE to Real Money (USD/INR) Part -1
How To convert HIVE to Real Money (USD/INR) Part -2
Why new users should use Ecency application π§
few important tips for new users
Are you Using Brave Browser ?
The scammer and the downvotes π½π»
The HBD interest and hive power
Best ways to earn money in the hive while you sleep π°
What To Do With Your Hive Power [HP] / Hive. π§
Where To Delegate Your Hive Power [HP]
Tokens to Buy on Hive- Engine
Thanks & Regards
@bhattg
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https://twitter.com/Bhattg18/status/1513920517811564544
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!giphy thanks
Via Tenor
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!giphy thank you
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I just read his post regarding the compound interest of HBD and it was interesting :)
Posted Using LeoFinance Beta
yes it is really interesting you should save some amount there for the future π. It is really worth it
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!giphy thanks
Via Tenor
Do you know how the Apr on investment is calculated?
When it was 12% I seemed to get more like 2% back rather then 12%.
Say I put $10 what do I get monthly?
Actually it is not monthly , it is yearly. APR = Annual percentage rate.
Yes....but what is the calculation? Say depositing $10?
I hope this will be helpful, Read this post
Thanks for the link! I'm still confused. From the money I deposited about 3 months what I received seem to lack a zero π€ Hahaha
He hee let me check π , the power of compounding is effective and very valuable after few years. It me sneak in your hive wallet π