Make the most of your savings
The Sunday Mirror|November 06, 2022
Invest wisely to gradually grow your money
WARREN SHUTE
Make the most of your savings

When inflation is high, you really need to make sure your savings are in the best possible place.

I strongly believe that to get ahead financially, you need to invest in the stock market – and this is especially true when the market has pulled back, like it has at present.

The power of compound growth over time is amazing.

But investing carries risks and although time can dilute these risks for you, if you need access to your money within five years, you should avoid the stock market.

This is because it can be too volatile and you risk getting back less than you invested.

Instead, you should use savings accounts. I always suggest you try and tuck away at least six months of your expenditure in an emergency fund.

Diese Geschichte stammt aus der November 06, 2022-Ausgabe von The Sunday Mirror.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der November 06, 2022-Ausgabe von The Sunday Mirror.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS THE SUNDAY MIRRORAlle anzeigen
Zeezy does it
The Sunday Mirror

Zeezy does it

FEMI LAST-GASP\LEVELLER,DENIES CATS

time-read
2 Minuten  |
November 24, 2024
Leading an Art Lesson
The Sunday Mirror

Leading an Art Lesson

GUNNERS TURN ON THE STYLE TO SNAP MISERABLE RUN

time-read
2 Minuten  |
November 24, 2024
ODETO A GENIUS
The Sunday Mirror

ODETO A GENIUS

Gunners skipper is poetry in motion inspiring classic win

time-read
3 Minuten  |
November 24, 2024
'WE CAN'T RELY ON KIDS TO STAY IN THIS LEAGUE'
The Sunday Mirror

'WE CAN'T RELY ON KIDS TO STAY IN THIS LEAGUE'

TAYLOR HARWOOD-BELLIS and Tyler Dibling are stars in the making.

time-read
1 min  |
November 24, 2024
BELLAMY'S TRIUMPH SHINES A LIGHT ON FA'S PRICEY GAMBLE
The Sunday Mirror

BELLAMY'S TRIUMPH SHINES A LIGHT ON FA'S PRICEY GAMBLE

CRAIG BELLAMY'S annual salary as Wales manager is not widely known, but most estimates have it around the £500,000 mark.

time-read
2 Minuten  |
November 24, 2024
Why I blame baby talc for my cancer
The Sunday Mirror

Why I blame baby talc for my cancer

Brit suing US giant over asbestos link tells how her health fell apart

time-read
2 Minuten  |
November 24, 2024
The tip of climate change
The Sunday Mirror

The tip of climate change

Coastal landslips expose old rubbish dumps to sea

time-read
1 min  |
November 24, 2024
Chaos reigns at Cop29 as nations walk over finance
The Sunday Mirror

Chaos reigns at Cop29 as nations walk over finance

COP29 collapsed into chaos yesterday with delegates from several countries walking out on the climate change talks.

time-read
1 min  |
November 24, 2024
You can earn more working for IKEA than in social care ... Labour wants to fix that
The Sunday Mirror

You can earn more working for IKEA than in social care ... Labour wants to fix that

A FAIR pay deal for care staff will help fix our creaking NHS, Angela Rayner says.

time-read
3 Minuten  |
November 24, 2024
The Sunday Mirror

Denzel swaps $8,000 booze sessions for Training Days

DENZEL Washington says he is getting back in shape after spending years downing wine and sometimes knocking back $8,000-worth in a day.

time-read
1 min  |
November 24, 2024