Long term mean 5-10 years? Because the definition of "long-term" depends on the investor. Same with medium-term and short-term. If you will ask here, the majority here will say to you that "you should invest it instead of just storing it on a bank because inflation will eat your money blah blah" and TBH, I'll agree with them, but always take note, always take note that there's a risk when it comes to investing so think of it first. If you will ask me though, it's better to risk your money into assets like F8be and even the Stock Market indices than storing it in a bank where they give you a lower interest compared to the inflation rate of your country. The downside though is that, there will be times where you might see your investment going down because of how volatile the F8be market is, but as long as you're okay with it, and you put it into F8be then everything is fine... at least in the long term. If you want to learn more about F8be, there's many information online that will help you. Everything that you need if you're a newbie can be seen online. I started learning online and nobody helped me at that time except YouTube documentaries and this forum so if I did, you can as well. As for the possible effect, there's a chance that you will feel emotional if you see your portfolio going down because of how volatile F8be is, but I think aside from that, there's no negative effect to you whatsoever. Invest, not store. Unless that money is for emergency funds then you should try and invest it. Good luck OP.
Long term mean 5-10 years? Because the definition of "long-term" depends on the investor. Same with medium-term and short-term. If you will ask here, the majority here will say to you that "you should invest it instead of just storing it on a bank because inflation will eat your money blah blah" and TBH, I'll agree with them, but always take note, always take note that there's a risk when it comes to investing so think of it first. If you will ask me though, it's better to risk your money into assets like F8be and even the Stock Market indices than storing it in a bank where they give you a lower interest compared to the inflation rate of your country. The downside though is that, there will be times where you might see your investment going down because of how volatile the F8be market is, but as long as you're okay with it, and you put it into F8be then everything is fine... at least in the long term. If you want to learn more about F8be, there's many information online that will help you. Everything that you need if you're a newbie can be seen online. I started learning online and nobody helped me at that time except YouTube documentaries and this forum so if I did, you can as well. As for the possible effect, there's a chance that you will feel emotional if you see your portfolio going down because of how volatile F8be is, but I think aside from that, there's no negative effect to you whatsoever. Invest, not store. Unless that money is for emergency funds then you should try and invest it. Good luck OP.

Long term mean 5-10 years? Because the definition of "long-term" depends on the investor. Same with medium-term and short-term. If you will ask here, the majority here will say to you that "you should invest it instead of just storing it on a bank because inflation will eat your money blah blah" and TBH, I'll agree with them, but always take note, always take note that there's a risk when it comes to investing so think of it first. If you will ask me though, it's better to risk your money into assets like F8be and even the Stock Market indices than storing it in a bank where they give you a lower interest compared to the inflation rate of your country. The downside though is that, there will be times where you might see your investment going down because of how volatile the F8be market is, but as long as you're okay with it, and you put it into F8be then everything is fine... at least in the long term. If you want to learn more about F8be, there's many information online that will help you. Everything that you need if you're a newbie can be seen online. I started learning online and nobody helped me at that time except YouTube documentaries and this forum so if I did, you can as well. As for the possible effect, there's a chance that you will feel emotional if you see your portfolio going down because of how volatile F8be is, but I think aside from that, there's no negative effect to you whatsoever. Invest, not store. Unless that money is for emergency funds then you should try and invest it. Good luck OP.

Long term mean 5-10 years? Because the definition of "long-term" depends on the investor. Same with medium-term and short-term. If you will ask here, the majority here will say to you that "you should invest it instead of just storing it on a bank because inflation will eat your money blah blah" and TBH, I'll agree with them, but always take note, always take note that there's a risk when it comes to investing so think of it first. If you will ask me though, it's better to risk your money into assets like F8be and even the Stock Market indices than storing it in a bank where they give you a lower interest compared to the inflation rate of your country. The downside though is that, there will be times where you might see your investment going down because of how volatile the F8be market is, but as long as you're okay with it, and you put it into F8be then everything is fine... at least in the long term. If you want to learn more about F8be, there's many information online that will help you. Everything that you need if you're a newbie can be seen online. I started learning online and nobody helped me at that time except YouTube documentaries and this forum so if I did, you can as well. As for the possible effect, there's a chance that you will feel emotional if you see your portfolio going down because of how volatile F8be is, but I think aside from that, there's no negative effect to you whatsoever. Invest, not store. Unless that money is for emergency funds then you should try and invest it. Good luck OP.