Saving
Saving is the act of holding money in cash or near-cash instruments (a checking or savings account, a money-market fund) where the number stays roughly the same. The point isn't to grow your wealth, it's to have money available when you need it: emergencies, short-term goals, the next bill. Saving is the right tool for short horizons; over decades, inflation erodes its real value.
Keeping six months of expenses in a savings account so a job loss doesn't become a crisis.
What you own
Stock
A share of ownership in a company. You profit if the company grows; you lose if it falters.
Read →Bond
A loan you make to a government or company. They pay you interest, then return your money.
Read →ETF
A basket of many investments, often hundreds, bought in a single transaction.
Read →Index
A representative basket of a market, like the S&P 500 or the IBEX 35.
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