I have repeated over and over again in my series of educational posts on financial education, being able to save is already an achievement in terms of our personal finances, but the lack of knowledge or fear about what to do with that money, can lead to our savings remain stagnant, waste them or lose their value by having them under the mattress or still in our bank account.
Therefore, it is better to invest than to save, because with the passage of time, investment makes your money grow and helps you to have a better patrimony for the future.
Buying a house, traveling the world, having a better retirement, or changing the car, are some of the many goals that a person can set when investing.
But, just as investment can generate profits, if the money is poorly invested or if bad decisions are made, it can also generate losses and this must be taken into account.
In this post we will try to provide guidance on how to take the first steps in the world of investments, in which instruments we can do it, what risks it has and we will also explain if it is convenient to do it in dollars.