To make your savings grow, run away from the noise and seek advice from experts by José Cazorla and José Sellés
If on one of these cold winter mornings you got out of bed with pain in your arm, what is the first thing you would do: ask your physiotherapist, go to the doctor or go online to find out what it could be? The answer you have to this question can reveal a pattern of your action in moments of ignorance that can lead you to solve the problem or aggravate it.
Finances are very easy, but 90% of the population insists on complicating their lives by choosing what is comfortable instead of what is safe. For searching the Internet instead of going to a specialist. In the same way that if you wake up with pain in the biceps femoris you would surely go to the doctor, when you want to buy a house or request a mortgage you should go to a financial consultant to plan it. The same is true if you see an investment ad with low commissions, index funds or cryptocurrencies.
The Internet is the result of globalization that has come in recent decades to stay, but it also has its dangers. The Internet is a forum, just like a bar, where anyone can express themselves, inform or give their opinion on any topic. A forum that can make anyone relevant more for their charisma than for their knowledge. The TikToks of a simple self-taught fan of the world of finance or investment can be just as viral as those of a professional specialist trained in the business world and with two careers.
There are not a few individuals, families and companies that have seen their assets go bankrupt for having entrusted their savings to fashions that did not have any type of legal security. Today we find the example of cryptocurrencies. Before acting on impulse, advice from friends or fashion, ask the experts for advice. Money is hard to earn and it is very easy to lose it due to not being properly advised. If you haven’t already started advising yourself, don’t wait until 2023. Take action. Because, as we explained to you in the next chapter: goals without action remain desires.
By José Cazorla and José Sellés
