Hierarchy of investment needs

We all know investing is different from just saving. If we put our saved money somewhere where it will grow, then that's investing. However, when it comes to investing, there are so many possibilities that unless we find some way to make sense of them, it is hard to make a good decision. However, let's not jump to classifying investments right away. Before we do that, we need to classify the needs that prompt us to invest in the first place. Now these can be extremely diverse. You could be saving for emergency medical funds which are usually required at a moment's notice. Or you could be investing for your retirement which is a few decades away. Or anything in between. At Value Research, we have created a useful

This article was originally published on July 29, 2021, and last updated on November 25, 2022.