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3 best ways to save your money for long terms
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[QUOTE="Sotherefore, post: 224220, member: 27033"] There are various reasons why so many people are interested to save their money, one of the most popular reason why most people are interested to save their money for long-term purposes is to establish a business or for retirement purposes. In whatever reason we are interested to save our money there are profitable ways we can set aside our money for long-term purposes without depreciation or possible loss of value. 1) INVESTMENT IN CURRENCIES WITH PROGRESSING ECONOMY: This is one of the most suitable ways to invest your money for long-term purposes If there is Future possibility that the value of your asset will depreciate base on the decline in the economic situation of your country . it is better to invest your savings in another country's currency with better and progressive economy. This will always help to maintain the value of your currency for a long time and will even be profitable if you are converting it back to your currency. 3) REAL ESTATE INVESTMENT: If the value of your saving is likely to depreciate because of the bad economic situation of your country or for any other reason, the best way is to invest in real estate. Real estate is among one of the most profitable form of investment in the world. Here the function of real estate is to help you recover the depreciating percentage of your saving and can even generate extra profits since you can easily make quick profit return on investment more than the percentage depreciation. 3) GOVERNMENT BONDS: The government bonds is another way you can maintain the value of your currency. Government Bond may not likely generate you an extra profit but it could help you recover the depreciating value of your asset since you will earn a certain percentage within a particular period of time. Unfortunately government bond is no more profitable over here. But it is also among the ways that can recover the loss of your savings due to economic depreciation.. [/QUOTE]
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