The economic uncertainty, the rise in prices of both electricity and fuels or food and the little stability that can be seen in certain sectors of the labor market, make more and more people consider investing so that their savings generate more money. The important thing, clarify the experts like Antonio Rivas, It is clear how much it will be invested and where to do it. Others, such as Javier and Pedro, known for their videos on Tiktok (@jpfincial2024) They explain what to do and where to invest certain amounts such as 1,000 or 5,000 euros.
In addition to having specialized advice, there are other steps to follow that are essential to make profitability to savings. “As we always say, you must first have an emergency fund that corresponds to about six months of saving capacity.” This means that “if you can afford to invest, the minimum you should have saved for incidents are 600 euros.”
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But what to do with the rest? The council given by this financial and investment advisor is “to invest in an indexed fund related against the MSCI or the SP500.” For those who do not know what these financial concepts mean, it must be said that the MSCI is the Morgan Stanley Capital International, a company that creates stock market indices to measure the performance of financial markets.
The best known is the MSCI World index that is variable income. On the other hand, the SP500 refers to the action of investing in this index that groups 500 companies, the largest in the United States (USA) so that performance is achieved and diversify the investment portfolio. ”It is done through indexed funds or ETFs (Exchange Trade Fund) that replicate it.
“What I would never do is buy me a phone or invest everything in cryptocurrencies”
From his Tiktok account, this Wool Advisor a message to those people who are thinking that buying a high -end mobile phone is a good output for their savings. “I would not buy a phone and not invest 100% of the capital in Crypt because it is very volatile.”
Many think that paying a trip would be a good idea, and although it is an option, this advisor also does not recommend that the entire capital be invested.
What if you want to invest 5,000 euros?
In another video, the financial advisors respond to the doubts of one of their followers that tells them that 5,000 euros were saved and wanted to invest well. “I would start with a monetary fund to not complicate my life.” This savings method can be low risk and still generate money.
In these funds, high volatility assets are invested, such as short -term deposits or treasure letters. And, when you have more money saved, “one might think about the option of an indexing or a very short -term investment.” These investments are more indicated for those who have more money saved as 15,000 or 20,000 euros.