Saving

Saving in an account

Saving in an account is a safe option for money you are going to use soon. Such as a savings buffer, holiday or home renovations. You can easily use the money exactly when you want. For savings accounts, you have greater flexibility than, for example, savings in mutual funds. If you’re going to save money over a longer period of time, you should read about our other savings products further down this page.

Saving in mutual funds

Do you have money left over every month? If so, saving in mutual funds might be a good long-term savings option. The recommended savings period is at least six years, and you must be able to tolerate fluctuations in your savings balance during this period.

A mutual fund is a collective investment tool that invests in several different companies. With a mutual fund, you thereby spread the risk of your savings, and this is generally considered less risky than investing in individual companies. This makes saving in mutual funds a safer method of saving than saving in individual shares, but it is still not without risk. It is difficult to time the market, and we therefore recommend you save steadily in equity funds via a monthly savings scheme.

Investing in shares

Investing in individual shares is suitable when you want to take more risk with your savings, while also wanting to spend more time on your savings. If you invest in individual shares, you only own shares in one company. The recommended savings period is more than six years, but you need to be able to tolerate major fluctuations in your savings during the savings period, and for your savings to be lost as a result of the company’s bankruptcy.

To spread the risk when investing in individual shares, you can invest in a number of unique companies and industries. As a shareholder, you can earn a profit in two different ways by the price of the share going up and by receiving dividends.