Post
Topic
Board Economics
Re: Is it better to save money or invest it?
by
Don007
on 15/09/2015, 19:35:56 UTC
On the initial topic, definitely invest

If you just hold on to money, your purchasing power is constantly decreasing due to inflation

and long term investing has time and time proven its profitability (of course, along with its risks).

Diversify your portfolio

If you should recommend anyone to invest: how much of your money in savings should someone invest? How much money should someone have in order to start investing?

I think everyone should atleast have a decent buffer: an xx.xxx amount of money before they even think about investing: you should always have money to cover (unexpected) costs. Some of the long term investments do not have to possibilty to withdraw your money early.