Convert Savings into Investments
Purchase shares of publicly traded companies, potentially offering higher returns but with greater risk than savings accounts.Invest in government or corporate bonds, which offer regular interest payments and return of principal at maturity, typically with lower risk than stocks.Pool money with other investors to invest in a diversified portfolio of stocks, bonds, or other securities managed by a professional.Similar to mutual funds but traded on stock exchanges, offering diversification and flexibility.Invest in real estate properties for rental income and potential appreciation, with varying levels of risk and return.