Kel Galavan

If you're at that point, guys, you're already winning.

OK, that means that you have your foundations in place.

And this is really important.

Before you even start investing, you need those foundations in place.

And I know we touched on it, but I cannot...

iterate how important it is to have that.

Because if you do want to become a long-term, confident, successful investor, those savings are your foundational piece.

That's the piece that's going to protect you.

It's dull.

It's boring.

It's barely going to keep up with inflation, but it is the thing that will save you if the belly goes up or if there's a recession or something like that, or a life change or a job change or something.

You need those savings.

So to bring you up to that 1000 euro and you're going, okay, this is my moment.

I'm going to do something here.

There are two main choices you just mentioned.

You can go to a company and they can invest it for you.

And that there is a simplicity in that because they will deal with the tax and they will deal with that side of things.

The downside is that comes at a price.

Okay.

There's a premium on that convenience.