Investing can of course be interesting. It can yield more in the long run than saving. But when is the right time to start investing? What amounts do you start with, how do you choose the right investment product and is it actually not difficult and risky?
When:the right time to start
A changed situation can be a good time to start investing. When you have more to spend or when a new phase in your life begins. The children who can financially stand on their own two feet, for example. Not only does this save you money, it is also a good time when you can decide to start investing:for example, by depositing an amount into an investment account every month.
Start investing with a specific goal in mind It is therefore not for nothing that many people decide to start investing when they have a specific goal in mind. Think, for example, of building up additional pension capital, or giving a child a good financial start. There are plenty of goals that investing can contribute to, but not all young parents will have the money to do so.
With which:the right amount to invest
It is always wise to have some cash on hand for unexpected expenses. It is therefore not recommended to invest all your money immediately. Only start investing when you are sure that you will not need this money in the coming period.
How:the right product
There are many investment products available. Some products have a little more, and other products have a little less risk. So you have difficult products and easy products. Are you not yet familiar with investing? Then choose an easy product from a trusted provider, for example from Centraal Beheer. This is because providers are obliged to use the risk indicator of the AFM. This makes it easy to compare the risk of all different investment products. Another helpful tip for novice investors is to leave the management of the investment to the experts. That way you hardly have to worry about it. Of course, keep in mind the costs. All mutual fund providers charge fees, of course, and these fees vary by provider. According to the most recent research (2018) by the comparison site investmentmatch.nl, Centraal Beheer is currently the cheapest provider of investment funds.
This article was produced in collaboration with Centraal Beheer.
