Catalina Norena Valderrama @VIXGold: "Hi everyone! 📖 I am very..."

Catalina Norena Valderrama shared a post via @eToroTeam

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Hi everyone! 📖 I am very happy to share this article written in collaboration with eToro Academy 👩‍🎓 @eToroTeam 𝙎𝙖𝙫𝙞𝙣𝙜 𝙢𝙤𝙣𝙚𝙮 𝙩𝙤 𝙞𝙣𝙫𝙚𝙨𝙩 is a matter very dear to my heart 💵 When I started out, I only had a very small capital. Discipline and consistency helped me to increase it. Capital is a critical element to make your investments count even more. Remember, it is not how much you make, but how much you keep 💪 I truly hope this can be helpful to you as well! Cata $SPX500 $NSDQ100 $DJ30 $BTC $VXX (iPath Series B S&P 500 VIX Short-Term FuturesTM ETN)

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💰 SAVING TO INVEST: HOW TO START BUILDING YOUR FINANCIAL FUTURE Whether you’re just starting out or planning ahead for long-term goals, the journey from saving to investing is one of the smartest moves you can make 💡📈 Here’s how to take those first steps the smart way 👇 🧱 Step 1: Build Your Foundation Before investing, you need capital. And before capital… comes savings. Start by understanding: 👉 Your income sources 👉 Where does your money go 👉 Where you can cut back Tracking your expenses helps plug leaks (goodbye impulse buys 👋) and lets you save with intention, not just leftovers. 💡 Tip: Pay yourself first — treat savings like a monthly bill, not an afterthought. 🎯 Step 2: Set Your Financial Goals Once you’ve built a savings habit, define your goals: 👉 Emergency fund? 👉 A short course or travel plan? 👉 Investing for long-term freedom? Break goals down into milestones so they’re easier to track — and stay motivated along the way. 🧠 Tip: Match your savings and investment strategy to your time horizon and risk tolerance. ⚙️ Step 3: Automate It Discipline is easier when it’s automated. Set up: 👉 Monthly standing orders to savings/investment accounts 👉 Use apps with auto-save features 👉 Direct transfers to tax-advantaged accounts (like ISAs or TFSAs) This keeps you on track — even when life gets busy. 🧠 Tip: Choose accounts with interest rates above the average to make your savings work harder. 📈 Step 4: Move from Saving to Investing Once you’ve built up savings, it’s time to put your money to work 💼 But investing ≠ guaranteed returns. It comes with risks. Start small and consider: 👉 ETFs — diversified and beginner-friendly 👉 Bonds — generally lower risk 👉 Dollar-cost averaging — investing in small chunks over time to reduce timing risks Avoid throwing in all your savings at once — and don’t chase “buy the dip” if you're not sure what you're doing. 💡 Tip: Long-term, consistent investing often beats trying to time the market. 💬 Final Thoughts: Saving to invest isn’t a one-time action — it’s a mindset. Be consistent. Set goals. Automate your plan. And take smart steps into investing when you’re ready. But remember: all investing carries risk, so always do your research and invest based on what makes sense for you. 🎓 Want to learn more about the financial markets? Head over to eToro Academy for beginner-friendly guides and expert insights. 📝 Original article from the eToro Academy written in collaboration with eToro Popular Investor, @VIXGold. - The eToroTeam