facebookIs it better to have more $$ in investments than savings? 29yo, i think i've parked a lot of my monies in investments. - Seedly

Anonymous

31 Jan 2023

General Investing

Is it better to have more $$ in investments than savings? 29yo, i think i've parked a lot of my monies in investments.

I have savings and emergency funds. Just thinking if i made a smart move by offloading most of my salary into investment or which is better to have more savings or more investments?

Discussion (38)

What are your thoughts?

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So, how do you strike a balance between the two? It depends on your financial goals, risk tolerance, and current financial situation. For example, if you have a stable income and no immediate need for the money, you might consider investing more aggressively. Conversely, if you're saving for a big purchase or don't have much disposable income, a savings account might be the better option.

I recommend a balanced approach. Investing a portion of your money can lead to higher returns in the long run, but it also comes with greater risk. On the other hand, keeping more money in savings accounts can provide a safety net in case of emergencies but won't generate much return.

Hard to say anything, as we do not know your life circumstanes. Eg getting married soon, study loans etc.

Personally low risk will be better bring in more than Savings

Financial Goals

What is your investment objective ? Eg : Are you investing for passive income?

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