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

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 .

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Business InsiderSubscribe to Business Insider's Telegram channel to be sent the day's top stories
Source: BusinessInsider - 🏆 729. / 51 Read more »

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.
Source: BusinessInsider - 🏆 729. / 51 Read more »