First of all, there’s the question: What is your goal? Your strategy? What do you ultimately want? Growth? Dividends? As much security as possible? How long is your investment horizon? These are all questions that determine your personal investment strategy.
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@Raketentoni My primary investment goal is to save for retirement and build financial freedom. That’s why I’m setting aside €2,000 a month. However, I’m getting married in two years, and I’ll be using some of my savings for...
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•@der_Don Well, if you know now that you’re going to get married, then save that money in a money market account. Imagine we have a market crash by then and you’re down 30%. Then you’ll have to sell at a loss.
I’d rather set aside 1,500 or 1,000 and park the rest at 3%.
Your approach to saving for retirement is good. You’re already doing more than many others. If your life changes, rethink your strategy. No one got everything right from the start. Good luck.
I’d rather set aside 1,500 or 1,000 and park the rest at 3%.
Your approach to saving for retirement is good. You’re already doing more than many others. If your life changes, rethink your strategy. No one got everything right from the start. Good luck.
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