It might feel comforting to have money in the bank, but over the long term it can really end up costing you. If your money is sitting in the bank and not doing much it can actually lose value over time – especially when inflation is high and the cost of things is increasing. 

If you ask the experts, many will tell you to jump in and buy when the markets are down (so that you can catch the upside swing). However, this can also feel a little scary when there is still strong volatility and your balance is likely to go up and down in the short term.

At Verve, you select from three ethically invested investment options with different minimum investment time horizons, that remove unnecessary risk through diversification. You can learn more about each of our portfolios options in the app or here.