The main difference between saving and investing is the
length of time you hold onto that money. With saving, money
is stashed away somewhere safe for a specific use in not
much more than a few years. Investment are larger saved
amounts used to grow wealth over years.
Once you’ve paid off your debts and established an
emergency reserve, your finances will probably be in good
shape. Now is the time for you to put some of your
hard-earned money to work by INVESTING for long-term goals,
like retirement. This takes time – years or even decades –
and investments do come with some risk, but also the
potential for substantially higher growth. Wise investors
will spread that risk by investments in different countries
through a diversified portfolio. Low-cost, low- to mid-risk
exchange traded funds (ETFs) are one popular way to achieve
An early start to your savings plan can make an astonishing difference to the growth of your nest egg. A 20-year-old student who puts away just a hundred dirhams a month, for example, could wind up much richer than if he had only started saving at 30! Even so, it’s never too late to start. Whether your Big Dream is to start your own business, own your own home or retire debt free, we encourage you to formulate your very own savings strategy and put it into action. Today!