Can my fear of investing derail my retirement plans? Yes, here are three such problems

Can my fear of investing derail my retirement plans? Yes, here are three such problems

Dubai: Nobody likes it when their finances aren’t secure but often times this is experienced when investing in markets. Even amid warnings of market volatility and uncertainty, veterans advise investors, especially those with long-term financial goals, to continue and stay invested for maximum profits. While it may seem that putting your money in a savings account is an easier option, it probably won’t grow much over time, and global inflation and account fees can eat away at the value of your money. Investing, on the other hand, offers a way to grow your savings for some of life’s biggest milestones. “Investing can play a crucial part in securing your goals. It may provide the boost to your savings that allows you to fulfill financial goals like starting a business or even purchasing a home. It could also mean being able finance your retirement later in life,” said Brody Dunn, a UAE-based investment manager. “Once you get started, you’ll have a better sense of yourself as an investor. How much risk are you willing to take? Are you interested in specific sectors, geographic regions or mandates? How interested are you in the process, and how much time do you want to