Presentation Nicolas P

[Jerome]

cool ! 😉

[nicop88]

Hello Jerome.

I currently have a certain amount (around 20k) that I cannot invest in the long term. Indeed, it will be used for my professional activity but not right away. I will need it maybe in 6 months, 1 year, 3 years or more, I don't know yet.

However, I don't want to let it sit in a bank account. So I'm looking to place it in a relatively safe asset, i.e. without much volatility and that I can withdraw at any time.

Bonds are not yet interesting, nor is real estate. Gold perhaps?
Difficult to make a reliable choice in the short term.

What do you think?

Thanks for your opinion.

[Jerome]

Hi,

If you are likely to have to withdraw your money in the relatively short term, it is better to avoid investing it in assets. Even in gold. There is too much risk that you will lose. You can try, but it is a lottery.

Moreover, if, as I read, you don't have a precise idea of when you will need this money, then stick with cash. If, on the other hand, you know a minimum date before which you won't need it, you still have the option of making a term deposit with your bank (cash obligation). This will already make a little more interest than just with cash.

[nicop88]

Ok, okay, I kind of suspected this answer. Thanks for your quick response 😉

[Author]

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