Posted at 16 Sep, 11:58h
in Retirement
Much is written in the financial press about investing and that one should invest. There are even surveys compiled around the world that measures the savings/investment rate of different countries to determine whether that country’s population is saving “enough”.
We as humans know that fundamentally putting money away to use at a later stage is a good idea. This is the initial principle to investing, the second is that whatever money we save needs to earn in some way for the capital value of the savings to grow. Basically, the money needs to sweat!
Is it a good idea to invest?