@internetofvalue
8 months ago

What would you do with an extra $500/month?

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Use it in Cryptocurrency Trading and earn a decent profit
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I would put it aside to start building a summer house. I live comfortably with my income, but not enough to put up money for my build.
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An extra 6 grand a year, yeah i'd throw a 100 a piece on some small market cap cryptocurrencies and hope for some big upturns and turn it into some real big money someday. would be nice.
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Invest in crypto as it is like extra money which I can afford to lose and make it big to moon
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I would create an emergency fund to cover those unexpected expenses.
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I will settle debts, and invest it to get more financial security
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I great idea, is to invest in a single stock each month. Most people don't know, but you can join investment programs and dollar cost you way into a great great stock portfolio.

You purchase a single stock each month. Preferable a company that gives dividends and your dividends will buy more each month. Try $50 a month for the next ten months. The programs are called Drips( Direct reinvestments programs)

You would be amazed at the power of compounding results of the reinvested dividends too.



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I would use it for crypto trading and make more than triple of $500

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if it's extra that means it can be invested and saved..!!! Always invest only spare cash.. so i would start an SIP in 2 different mutual funds for a duration of at least 10 years :)
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I would compile some 1/3 for cryptocurrencies, 1/3 stocks, and 1/3 for gold. Why gold? To anticipate the events of the fall of paper money, and if someday internet goes down and can't use cryptocurrencies.
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