The first question to ask when deciding whether to save or invest is:
A)How much money do I have in an emergency fund?
B)When will I need the money?
C)Is the money insured?
D)Can I get at least 10% return on this money?

Question

Quizplus · Accepted Answer

The timing of when the money will be needed is a crucial factor in determining whether to save or invest. If the money is needed in the near future, such as within a year, it is best to save it in a low-risk account. If the money is not needed for several years, investing it may potentially yield a higher return. The other options are also important considerations, but the timing of when the money is needed should be the first question to ask.

The First Question to Ask When Deciding Whether to Save