On the one hand there is savings, on the other there is investment: two very distinct concepts, even if at times we tend to confuse them. Saving and investment, however, are interrelated: if you don’t save, you can’t invest your money.
Saving is the first step: saving is that portion of your income (a fraction of your salary, for example) that you do not spend immediately but that you set aside to carry out important projects, to have extra security against unexpected events or simply to ensure a more peaceful future. The investment is the savings share with which you buy financial instruments to maintain or, better still, increase the value of your money over time. You can decide to invest your savings also in pension instruments, supplementary pension, or insurance. Make some small investment in sagamblingsites.co.za.
There are many ways to invest savings, suitable for small or large sums: open a deposit account; invest in the stock market by buying stocks, bonds or government securities; join mutual funds; buy safe haven assets such as gold or real estate. But how can you make the most of your savings? That is, how to invest your savings without risk, in a fruitful way? We suggest some guidelines, always valid when it comes to investments:
Doubt who promises to make you invest money to make quick or easy profits. Low or high, the risk is inherent in the investment: high risks can correspond to high returns, but also serious losses. Consider some time for real money pokies.
Learn about financial instruments and markets: deciding how and where to invest without knowing what you are investing your money in is very risky. Dedicate the right time to consult the documentation required by law to protect investors, collect information and investigate to better understand, compare the various investment instruments (duration, divestment possibilities, conditions, costs, etc.), evaluate who issues them (solidity financial etc.).
Ask if something is not clear and rely on those who, through experience, professionalism and knowledge of the markets , can advise you on how to best invest your savings , bearing in mind your availability, your investment objectives and your risk appetite. Also consider that what has been a good investment for your relatives or friends may not be good for you.
Remember to diversify : do not invest all your savings in a single instrument, but differentiate by type, issuer, economic sector, geographical area etc., in this way you reduce the overall risk of your investment.
Monitor the trend of investments and, if necessary, do not be afraid to correct your investment strategy, without getting caught up in haste, fear, excesses of enthusiasm or other bad advisors: keep a cool head, look ahead in a medium-long term perspective and refer to the professional who works alongside you.
