Create your nest egg through regular saving and investing
Getting rich slowly maybe an unappealing concept for an average investor, but that is probably a much safer path than trying to get rich fast. The vast majority of strategies that supposedly promise fast and huge returns are nothing else but a scam. They are meant for uninformed investors, who little understand about investing, risk management and are motivated by greed to get rich quick. On the other hand, it is possible by regular saving and investing to create a nest egg over a longer period of time.
Regular monthly contributions to your savings fund or plan will help you grow the initial amount into a nest egg in the long run, even if you put aside small amounts of money such as 50 or 100 euros. The table below illustrates how much you can save up by contributing regular amounts of 50, 100, 250, and 500 euros (for 10, 20, and 30 years) to your savings fund.
Save to invest
There is one bad piece of news about saving, it is not enough. Inflation eats up a sizable amount of your savings if you do not increase them. This brings us to the fact, that you have not only to save, but also to invest. Debitum Network offers business loans for investment (most are secured by a buyback guarantee) with an annual interest of 9%-10%. The table below shows you how much you would make investing your regular savings (making the same contributions) for 10, 20, and 30 years with an annual interest of 10% (and reinvesting the earned interest).
When interest is reinvested your overall returns start growing exponentially over time. In ten years, the interest earned is a bit lower than the total amount of your savings during that time (from 50 euro contribution and investments). However, in 20 years, the interest earned (from 50 euro contributions and investments) more than twice exceed your cumulative amount of savings. Furthermore, in 30 years, the interest earned (from 50 euro contributions and investments) 3.5 times exceed your cumulative amount of savings. So, if you keep on contributing regular amounts monthly and investing and reinvesting them for 20 and 30 years, your earned interest will more than 2 times (for 20 years) and 3.5 times (for 30 years) exceed your aggregate amount of savings.
Even better – reinvesting with a monthly compounding
Short term loans, which is one of Debitum Network advantages allows investors to earn compounding interest. In the short term, the change may not look very big, but if you invest in the long run, compounding can do miracles for your returns. The table below shows you how much you would make, provided you reinvest your balance and earned interest with monthly compounding at 10% annually. Check it out.
With Debitum Network you have excellent opportunities to earn compounding interest and build a huge nest egg for your future, provided you invest long term. Short term loans give you possibilities to reinvest your balance and interest monthly and see how your earned interest compounds. Inf 30 years of regular investing your savings and earned interest (compounding monthly) your earned interest would 4 times exceed your total amount of savings. An excellent way to beat inflation, isn’t it? How about creating a nice nest egg? For sure.
Register, deposit and start investing for your future today
If you haven’t registered or invested on Debitum Network you are missing an opportunity to make nice returns. However, you are in charge of your financial future and you can invest in it now. Most of the assets on Debitum Network are asset-backed and have a buyback guarantee. This means that in comparison to the potential returns the risk is very low. To make it easier for you to make up your mind we have selected a top asset for this week. Take a look at it and if you like what you see; register, deposit and invest right away.
Disclaimer: Investments in financial products are subject to market risk and any investment should only be done with risk capital. The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.