Archive for the 'Investment' Category



Save Money or Invest ‘Em?

Tuesday 8 December 2009 @ 1:29 am

Sometimes, this question pop up here and there, “Should I save the money I have or should I invest them?”

I think, the best way to approach in order to answer question and take the appropriate action is to ask yourself a few simpler questions:

1) Do you already have enough savings (at least for 6 months life expenses) if you were to be terminated from work?

2) How risky is the investment?

3) How much return would you get from the investment?

4) How long is the investment?

If you think the investment is really worth it and you have some money stocked up elsewhere as emergency fund, then, go for it! If not, I assure you that you should focus on building 6-months worth of emergency fund before starting to join a risky investment.