The best investment strategy depends on your goal and how long you can set your money aside. If you’ll need the money in the short term, saving is usually the best option. If you can set it aside for 10 years or more, stocks usually deliver a higher return.
With UpToMore, you invest automatically by following three golden rules. These rules increase your chances of achieving solid returns and help reduce the risk of loss.
1. Diversify your investments
By investing in thousands of companies across different sectors and countries, you avoid the risk of one setback causing a major loss. At the same time, you increase your chances of benefiting from fast-growing companies.
2. Invest regularly
By investing a fixed amount every month instead of a large sum all at once, you avoid buying at a market peak. As a result, short-term market fluctuations have less impact on your overall returns.
3. Keep costs low
The less you pay in fees, the more you keep. This makes an especially big difference over the long term.
These are the three golden rules. Do you want to understand the rest of the basics? Then check out the basics of investing.
Important: Investing involves risks. The value of your investments can go up or down, and you may lose part or all of your initial deposit. Past performance does not guarantee future results.