Should you save your money or invest it?

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