Register or log in to explore all our content and services for free on Admin Junkies.
The gratuity a person earn is a life time savings in terms of his input during his active years and the proceeds should be very meticuleous in spending,especially when it comes to investment.the venture should be a low risk venture.And definitely not a high risk business trading like crypto.But it it must be crypto,it should be minimal amount.Gratuity being the bulk of the proceedings paid from the years of active service is more advisable to invest with. Pension is monthly, that can be used for upkeep; feeding, clothing and all. But gratuity is mostly more, so it will have a huge turnover.
definitely it s not a very wise decision for a retiree to invest his pension or gratuity into cryptocurency or use it for an investment into forex,because of the volatility of the market and how one can easily loss his money in such investment.Personally I don't think that it is very wise to invest in the cryptocurrency or into the forex markets using your pension because there's a lot of risk when it comes to investing in these two markets. And the pension fund that people have is necessary for them to continue meeting their day-to-day financial requirements and to be able to sustain their lifestyle. Therefore if you are investing it into such an uncertain market there is a chance that you could end up with nothing and this could be detrimental to your financial situation.
It is very wrong to invest total pension or gratuity money for reading crypto currency or forex. Because it is risky to trade all the money on crypto currency and forex tradeGratuity is that junk of money that's paid to retirees after their active service year with government or private sector and it's paid once. While, pension is like monthly salary paid to retirees. However, pension is not up to the salary one receive every month in active salary.
Is it wise to invest ones total gratuity or some monthly pension in forex or crypto currency trading? Please share your view.
This is a very good one,a pensioner should not be investing in a risky venture like cryptocurency or forex,because of its high volatility in the investment.A loss in the investment can actually be detrimental to the pensioner.Don't invest in forex or cryptocurrencies instead look for stable offline invest investment with accrual interest and guaranteed payout of capital. You should set your eyes on things like mutual funds, treasury bills, pension funds and government white papers. They have lower returns but there is a guarantee that your capital will not be lost and you will make a little profit. The little profit should be able to keep you for the time being.
As long as the investment platform is legit, yes, it is good to invest your pension if you do not need it. If you have other means to handle your daily expenses and you are just saving your pension to your bank account then that money can earn more if you invest it. But then again just be sure of the kind of investment is with minimal risk.It is good to invest one's gratuity on a business to yield more profits but investing in cryptocurrency for an elderly person might gives him constant heart attack anytime there is a serious dip on the coin he invested on.
Gratuity is that junk of money that's paid to retirees after their active service year with government or private sector and it's paid once. While, pension is like monthly salary paid to retirees. However, pension is not up to the salary one receive every month in active salary.
Is it wise to invest ones total gratuity or some monthly pension in forex or crypto currency trading? Please share your view.
It is wise to invest your gratuity and pension on real estate property and this is very lucrative if you invest well and rightly.If you want to invest on the both m then I will say you need to be careful before venturing into an investment with the money you made throughout your working year most especially on forex.
Log in or register to unlock full forum benefits!
As a webmaster community we provide fresh content on a daily basis. We aim to be the best admin and webmaster community around. Discuss various aspects, promote your project, and learn to be better by fellow webmasters. Browse through our Articles for helpful tips and tricks.
By registering with us, you'll be able to discuss, share and private message with other members of our community.