One way to save is to keep the cash. Yesterday in the “nest egg”, now leaving bigger current account. Having cash is useful to avoid going into the red when it comes to making an unexpected expense. But beyond a certain amount, let “sleeping” money as Molière’s Miser is not reasonable. Not only that money does not pay, but it gradually loses its value with inflation. It is better to place it.

Investment products abound: savings accounts, investments, stock purchases and other financial assets, mutual funds placed in brackets or not life insurance or savings plans, retirement savings, investment properties, collections …


Here are the questions everyone should ask when savings

1 – The money invested is available? Is it possible or not recover at all times? Is there a penalty or not?

2 – What will he bring? This is called return on investment. It may come as the case of two sources: a regular income (interest bonds or stock dividends), the capital gains when you sell the assets. To calculate the ratio of the investment, we must also consider the costs and taxes that may or may not exist for subscription during the savings period or exit.

3 – What is the security of the investment? Its performance is it guaranteed or otherwise is there a risk of loss?

4 – The placement is it simple or complex? Is it easy to access? He demanded special skills to understand its mechanisms and to manage it the best?

Obviously, the ideal profile would be a product that would guarantee high efficiency, without charge or tax, which would be simple and fluid. But such savings product was not found. No product has all these qualities together, and it makes sense, especially in terms of performance and risk.

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