Why I chose HBD Savings as a fund for my son's university

in LeoFinance3 years ago (edited)

I have always thought of opening an account in my son's name and starting to accumulate a fund over the years that he can use when he goes to university, therefore when he is of age. My son is currently just over a year old and I think it can be a good chance for him to have an adequate amount of money to be able to possibly choose to study even outside the city where we live and move to another region and attend university of a certain level of quality.

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A few months ago I had an interview with a bank operator to better understand which financial products they offered in this regard and which guarantees. They asked me for a monthly payment of at least 100 euros per month, with an annual interest of 2.5% and the possibility of a slight increase to 3% if I guaranteed non-withdrawal within the first 3 or 5 years.

Honestly, I have never had faith in the banking system especially in recent years in which, also due to the economic crisis, many savers have lost their capital and have been forced to start multi-year action class and who knows if they will be able to get something.

The solution has come for me: I will create the fund on Hive using HBD Savings! The motivation is very simple: guarantee at the time of an annual interest of 7%, ease of withdrawing and moving my capital at any time, full control of my investment (the money is always in my account and not in that of the bank).

At the moment my goal is to accumulate at least 1000 HBD per year: doing some mathematical calculations I should accumulate about 17k in these years, considering the interest at 10% (it should be increased in the next few weeks), my capital should exceed 25k, an excellent portfolios to be able to manage the course of study in a serene way.

We actually have a great chance with HBD and it is a great stimulus for all investors but also those like me who decide to invest their rewards in a better future for my family. So I thank those who continue to support my posts because they are directly supporting the future of my son and all users in the community.

Some investors such as @mika has already moved over 280k HBD to HBD Savings, a sign that the choice made to bet on HBD has been truly incredible. Many more users are moving HBD, reducing liquidity on exchanges and the word is spreading in the crypto world. A further increase in interest will attract large flows of capital, turning the spotlight on our ecosystem.

Things are moving really fast for Hive and it's incredibly exciting to be here watching all of this!

Thanks for reading my post

ITA

Ho sempre pensato di aprire un conto intestato a mio figlio ed iniziare ad accumulare nel corso degli anni un fondo da poter utilizzare quando andrà all'università, quindi quando sarà maggiorenne. Mio figlio al momento ha poco più di un anno e credo possa essere una bella possibilità per lui disporre di un'adeguata somma di denaro per poter eventualmente scegliere di studiare anche fuori dalla città in cui viviamo e trasferirsi in un'altra regione e frequentare università di un certo livello di qualità.

Qualche mese fa ho avuto un colloquio con un operatore della banca per capire meglio quali prodotti finanziari offrissero in merito e quali garanzie. Mi hanno chiesto un versamento mensile di almeno 100 euro al mese, con un interesse annuo del 2,5 % e la possibilità di un lieve aumento al 3% se avessi garantito mancato prelievo entro i primi 3 o 5 anni.

Sinceramente io non ho mai avuto fiducia nel sistema bancario soprattutto negli ultimi anni in cui a causa anche della crisi economica, molto risparmiatori hanno perso il proprio capitale e sono stati costretti ad avviare classe action pluriennali e chissà se riusciranno ad ottene qualcosa.

La soluzione per me è giunta: io creerò il fondo su Hive utilizzando HBD Savings! La motivazione è molto semplice: garanzia al momento di un interesse annuo del 7%, facilità di prelevare e spostare il mio capitale in qualsiasi momento, pieno controllo del mio investimento (i soldi sono sempre nel mio conto e non in quello della banca).

Al momento il mio obiettivo è accumulare almeno 1000 HBD annui: facendo qualche calcolo matematico dovrei accumulare circa 17k in questi anni, considerando gli interessi al 10% (dovrebbe essere aumentato nelle prossime settimane), il mio capitale dovrebbe superare i 25 k, un ottimo portafogli per poter gestire il corso di studi in modo sereno.

Abbiamo effettivamente una grande possibilità con HBD ed è un ottimo stimolo per tutti gli investitori ma anche chi come me decide di investire le rewards in un futuro migliore per la mia famiglia. Per cui ringrazio chi continua a sostenere i miei post perché stanno direttamente sostenendo il futuro di mio figlio e di tutti gli utenti della comunità.

Alcuni investitori come @mika ha già spostato oltre 280k HBD in HBD Savings, segno che la scelta fatta di puntare su HBD è stata davvero incredibile. Molto altro utenti stanno spostando HBD, riducendo la liquidità sugli exchanges e la voce si sta spargendo nel mondo crypto. Un ulteriore aumento degli interessi attirerà grandi flussi di capitale, accendendo i riflettori sul nostro ecosistema.

Le cose per Hive si stanno muovendo davvero velocemente ed è incredibilmente eccitante essere qui ad osservare tutto ciò!

Grazie per aver letto il mio post

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That sounds like a good plan. I should start a saving plan for some of the goals I have in the coming years. It is a safe investment. Better than anything any bank can over in this part of the world.

Posted Using LeoFinance Beta

One of the safer investment in #defi especially if it can hold the peg. $HBD could be a winning solution for the entire #cryptocurrency industry.

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I think its a good choice and I think there are also talks of the interest rate going up even further depending on the witnesses.

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Yep. I stated my view that the rate will go to 10% before month end.

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This is awesome mate! Really like your plan. Safeguarding your son's financial future. Smart parent 🙏

A few days ago, I was thinking about the gift that I am going to give my son on his first birthday. Gotta buy him some crypto and keep filling that fund on his birthdays every year. I will definitely think of putting that fund to use (DeFi like HBD Savings) and get some ROI on it.

By the time he turns 12-13, he going to have a decent sum. ✌ It's a compound interest so it's a wow!

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Thanks for posting this in the @leofinance room. It is a great one to promote.

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You are most welcome Task. It resonated with me.

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Wise idea. I am sure you will definitely always hit your target and to get the fund will always be easy.


Posted via proofofbrain.io

Anche io sto puntando su HBD.
Ho spostato tutti quelli che avevo (pochi) in saving e quando mi scadrà lo staking di atom che ho messo qualche settimana fa, sposterò quegli atom qui su Hive dividendoli tra HBD e HP

Si, è una grande opportunità. Per piccoli investimenti il ritorno è irrisorio ma se organizzi un piano d'accumulo graduale, diventerà molto interessante

Love your courage and I must admit that you have set a very good target for yourself and hope it is achieved to clear your bill and good luck to the kid


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Check out the last post from @hivebuzz:

Feedback from the July 1st Hive Power Up Day - ATH Volume record!

A terrific plan. It seems the recent changes to Hive Backed Dollars (#HBDs) is catching the eye of a lot of people. I have moved some to my savings.

I hope others take your lead and follow into the savings game using #HBD.

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thank you very much, my project may seem too long-term but I am a deep believer of Hive.

Then ulla is certain in this life, only death... my grandmother always said 😁

Taxes seem to sneak in there too.

It is a good plan. As you showed, the idea of getting a decent return out of the #banking system is not likely. #Hive can offer a lot move. The attention that #HBD is getting is going to be really important.

Posted Using LeoFinance Beta

I've been thinking along the same lines but for a different goal. The rates are around 250x better than putting it on a savings account from where I am, at least those accessible to the public in terms of growth. Still a bit risky but what else doesn't have risk? Good luck on your goals :>

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yes, HBD is currently very affordable and will be even more so in the coming months and years.

It is really possible to plan for the future of all of us

Well that's a great decision and a true crypto mass adoption personal step you took.

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Brilliant move! The hard fork has really simplified things and I believe, many hivers will utilize the hbd savings. I know I will.

Well done! 🙂


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Any crypto is a better bet than saving at a bank.