News Formal

I regret investing my savings, but I'm still leaving my money alone - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

'There's privilege in being able to ride out the market fluctuations, but I'm going to try to stick with my original plan and do just that'

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, but our reporting and recommendations are always independent and objective.

I had been intending to transfer a portion of their savings into an investment account for months in order to get a higher rate of return. With COVID-19 market concerns in the news, investing was at the forefront of my mind. I plan to have the money invested for at least 10-15 years, so I wasn't worried about short-term market drops. I figured with prices low, it was a good time to buy.

Since I opened a general investment account, I can withdraw the money in about the same amount of time without penalty .

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Tech incubator inside former US consulate helps cross-border startups - Business InsiderThe Bridge Accelerator Program gives companies along the US-Mexico border the skills to compete for contracts from multinational corporations.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Business InsiderSubscribe to Business Insider's Telegram channel to be sent the day's top stories
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Uber promised coronavirus aid, drivers say the company's not paying up - Business InsiderUber promised to pay drivers who couldn't work because of the coronavirus. But drivers say Uber has been closing their accounts after they seek sick pay, and then ignoring or rejecting their claims.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »