Hello, everyone!
Finally with the new year I have decided to take an important step and start saving a portion of my company's profits each month in another account, so as to keep them in a "piggy bank" and invest them.
But now I have a problem.
My intention was to leave the money in cash and, when I'll have some free time, start studying investments seriously.
But everyone has seen that inflation is very high these days. I don't want to park my money only to see its value go down every month. If I start investing a year from now I risk burning a lot of money.
SO...
What is a brain-zero investment to maintain the value of money?
The choice that makes the most sense to me at the moment is something like a index funds that follow the S&P 500, or precious metals such as gold. In this way I can start to become familiar with these instruments without risking much.
Then, when money becomes more, I can diversify by choosing other investments .
Does anyone have better advice or does it make sense?
Finally with the new year I have decided to take an important step and start saving a portion of my company's profits each month in another account, so as to keep them in a "piggy bank" and invest them.
But now I have a problem.
My intention was to leave the money in cash and, when I'll have some free time, start studying investments seriously.
But everyone has seen that inflation is very high these days. I don't want to park my money only to see its value go down every month. If I start investing a year from now I risk burning a lot of money.
SO...
What is a brain-zero investment to maintain the value of money?
The choice that makes the most sense to me at the moment is something like a index funds that follow the S&P 500, or precious metals such as gold. In this way I can start to become familiar with these instruments without risking much.
Then, when money becomes more, I can diversify by choosing other investments .
Does anyone have better advice or does it make sense?
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