Term
Time horizon
When you will need the money. It decides where it goes: under two years, savings instruments; five years or more, investing can earn its keep.
In pesos: A down payment you need in 18 months does not belong in stocks; retirement money at 22 does not belong in a savings account.
Where to go deeper
1/2 6 min Read 3 common mistakes when you start investing Saving and investing do different jobs. Here's the order that works, and the signal that tells you you're ready to start investing.More terms on the same topic
Educational content only: not financial, investment or tax advice. The numbers are examples to understand the idea, not a forecast or a recommendation.