share market

Should you save your money or invest it. The answer comes from the question;

 

  • Do you have enough cash to cover 6 months of expenses in case of income loss? - Save
  • Do you need money that you can access quickly that you don’t currently have to do things like travel or buy a car? - Save
  • Is your main goal to save for retirement and are comfortable not being able to access your money without loss until retirement age? - Invest
  • Do you have both short- and long-term goals? - Save and invest
  • Could you stomach a big short term correction in your savings without panic? - Invest
  • Does the thought of large amounts of money in the share market prevent you from sleeping at night? - Save