Should You Plan to Save or Invest Money in 2018?


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The majority of people will keep their cash in a savings account because they might think that it is their only option or they could be afraid to invest. We are now in 2018 that brings a lot of planned developments in Pakistan. The economy is set to grow in 2018 with more projects such as CPEC plans moving towards its completion. The key question arises, whether you should save your money or invest your money in 2018 in Pakistan.


Savings are safe but the interest or gain you will earn is very little and so, it makes you wonder why more people are not investing. This could be down to there being too many options available, which could lead to a bad decision and losing their money. Therefore, they choose to leave their money where it is.


Many people between the age of 40 and 65 years of age, choose to leave their cash in a savings account because they choose to play it safe and keep their risk at a minimum. In addition, like in Pakistan most of the people would like to invest in real estate properties. However, in contrast to this, younger people earn more yet they are still afraid to invest.

So, what should people do in order to get the best chance of investing?


Forget Past Mistakes
If you have invested before and made mistakes then it is time to forget about them. Investing at the right time can help your money to grow and so, you need to find someone who can help you invest. Find an advisor and someone who can point you in the right direction because that will send you on the path to success.


Keep Things Simple
You have to keep your investment decisions simple. Some people will give you advice that is complicated but begin by keeping things simple and uncomplicated. Too many people try to make too many investments from the beginning and this can cause confusion. Focus on growing your money and once you do, you can start to look at your options. In addition, as you may have heard this already do you put all of your eggs in one basket. Always invest a portion of your capital in different things rather than in one domain only based on the level of risk associated with each product.


Put an Annual Plan in Place
A plan will give you something to work to and a structure that will give you focus. The plan should identify what exactly you need to invest in but you should also remember that it will not hurt to run this plan past a financial advisor. In Pakistan, you may invest through Pakistan Stock Exchange, Pakistan Mercantile Exchange in Equities, Bonds and ETFs, Mutual Funds and also through National Savings Schemes. Carry out your research by comparing products on because getting your plan right is crucial to the future of your investments.


Stick to Your Investments
Once you have made your decision to invest and have found the products that work for you, you need to stick with them. Other products may tempt you but push them to one side for now. You have done the hard work and researched your investments and that is why you have invested in them.

Sticking to your plan is important to the success of your investment. Take your time to monitor how they perform and what influences them as well as how they could before in the future.

Often, sticking to your investment can help you to make money in the long term. However, in contrast to this, choosing to move your investments around could mean that you lose money. This is not a clever way to invest if you are new to the world of investing.


Look at Every Option
Before you decide to invest, you need to determine if it is right for you. Some people like to play it safe and others like to make their money work hard for them. Should you be investing, is a question that you know the answer to but if you are willing to do your research then you can make some great decisions just remember to also use an element of caution when making your choice. If investing seems like too much of a risk then find the best savings account for you by comparing on


“Mawazna Karein Apne Liye, Apno key Liye”.