El Dinero Report October 2020 | WEARESUMA

Bank Account VS Laundry Basket

Bank Account VS Laundry Basket

Turn those wishes into #GOALS and put your money to work asap. Your laundry can wait. Check out these 3 investment options from Rule One Investing to get you started before that next trip to the lavanderia.

🐷Savings Accounts:
Your savings account is really where the action starts. Always make sure to keep enough in your savings for a rainy day (aka your emergency fund), but once you build up your colchoncito, you can start investing!

📈The stock market:
When you invest in stock, you’re basically buying a small portion of a company and investing on the success of that business. Do your research and choose wisely – if the company wins, you win too!

💰Physical Commodities
Physical commodities are valuables that you physically own, such as gold or silver. These can be great to have around during hard economic times when the struggle is real. No, the emotional value on that cheap ring from your ex doesn’t count. Time to let go!

 

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