Hello and welcome to the Saturday Savers Club. In its 4th year, the Club is still going strong with over forty members who have signed up with their savings and investment goals. With the assistance of @shanibeer, Club members share ideas on Saturdays over on @eddie-earner's account. With supportive members, I've become more disciplined in my approach to saving and investing.
April turned out nicely in terms of growing my account. I added 448.859 HP toward my 2024 goal of 25K. Below are some of the projects I'm currently invested in for the long term that yield daily, weekly, or monthly liquid Hive as dividends and/or tokens.
SPI's Subscription Savings Plan
I received my SPI Subscription Savings Plan Payout No 1 on April 4th. The next payout will occur on May 5th. This exclusive sale of SPI is to Saturday Saver Club members only who are registered on the Savers Chart on the weekly Saturday Savers Club post. Members' purchases will be released to them monthly in 10 installments. SPI is a growth token which is now in its fifth year. The fund is managed by @silverstackeruk and pays a small weekly dividend approximately 9.6%. The fund expects to grow at least by 20% this year with over 30 investment streams.
EDSD
HBD-backed EDS is a growth Token. I try to invest weekly if possible. @eddie-earner states that the EDSD Token will be its last one released. The token is pegged and backed to 1 HBD each with unlimited mintage. The token will earn 50% of HBD interest as EDS tokens each week. This token is completely passive. Investment is made by transferring HBD to the @eds-d account. If you'd like to learn more, visit: HBD Backed EDS tokens | EDSD Weekly Updates and Charts #17.
XV
Only 56 weeks left in this investment. Spinvest's XV Token touted a groundbreaking Hive investment opportunity. Investors, including myself, purchased XV tokens during a 10-week sale and became owners in a diversified portfolio of carefully selected top-ranked cryptocurrencies. SPinvest manages the portfolio and provides weekly updates XV Token Weekly Update | 56 Weeks Remaining. After the remaining 56 weeks, holders can sell their XV tokens back to SPinvest for potential profits. The XV Token provides a simple way to participate in the crypto market.
Liquidity Pools
Late last year, I decided to invest in diesel pools. A diesel pool is a holding place where two tokens are paired together. These pairs provide liquidity to investors who want to swap between the two tokens. The two tokens are paired at a 50:50 ratio, initially calculated based on the market price of the tokens at the time of adding to the diesel pool.
Below are my positions. In return for my investment, I receive passive income. If you invest in a liquidity pool, you are rewarded with fees.
EDS-Vote
Eds-vote is an account that people can delegate HIVE POWER to. I have delegated 2,500 HP. In return for the delegation, you will receive EDS tokens each Monday. The delegated HP will be used to curate content on HIVE and provide small upvotes for those that hold over 100 EDS tokens.
Reminder: delegating HIVE POWER to @eds-vote will not result in an upvote. This is not a delegation to upvote service. It is a way to distribute the remaining reallocated EDS into circulation. If you'd like to learn more about @eds-vote, visit here: EDSvote update #54 | We've smashed all our ATH's this week!.
Also, @eds-vote has a curation trail you can follow should you desire to support individuals who produce quality content on their Hive journey.
Saturday Savers Club Savers of the Week
Saturday Savers Club "Savers of the Week" is an awesome initiative. Each week @hoosie, writing on behalf of the @eddie-earner account, works diligently to choose four great posts from the Saturday Savers Club members. He then highlights them to the Hive Community. The weekly nominations receive some awesome rewards for their hard work.
Recently, I became a sponsor of the initiative in rewarding the members who are nominated with a small prize. It's a pleasure to assist in this program.
I also participate in the following projects:
- delegate hive power Communities and projects;
- lease Hive power to members;
- participate in @combination weekly drawings for the charity it manages;
- delegate to various curation accounts;
NOW, A Look At my MAY Saturday Savers Report for Year 4:
| Project | Goal | March Balance | Increase | April Balance | Notes |
|---|---|---|---|---|---|
| HP | 25,000 | 22,330.000 | +448.859 | 22,778.859 | Over 90% toward my goal. |
| HBD | 500 | 50.000 | +39.907 | 89.907 | Pleased to be on track in the 365-day savings plan. |
| EDSD | 500 | 122 | +5 | 127 | I'm taking this one slow. |
| EDS | 500 | 408.960 | +? | 426.54 | Receiving my stake in the daily mining |
| SPI | 300 | 13.51 | +3.00 | 16.51 | Joined the SPI Subscription Savings Plan. 1st release of SPI on 4/7/24. Next date is 5/4/24. |
We're currently in Week 17 of the Club. Check out all Club news and events and view the total Hive members with their goals for 2024 who have joined:
SOURCES:
a) JustClickindiva's Footer created in Canva utilizing its free background and images used with permission from discord admins.
b) Unless otherwise noted, all photos taken by me with my (i) Samsung Galaxy 10" Tablet, (ii) Samsung Phone, & (iii) FUJI FinePix S3380 - 14 Mega Pixels Digital Camera
c) Purple Butterfly part of purchased set of Spiritual Clip Art for my Personal Use
d) All Community logos, banners, page dividers used with permission of Discord Channel admins.
e) Ladies of Hive banner used with permission of and in accordance with the admin's guidelines
f) Thumbnail Image created by me in Canva.
g) "Flames." What is Apophysis 2.09. https://flam3.com/