The missing billions – why aren’t Irish and European savers investing their money?

We’re diligent in saving, but wary when it comes to making the most of our hard-earned cash

Cultural differences and risk aversion play a role in investing. Photo: Stock

Money makes money. This fact underpins economic theories, statistical analyses and academic research. Even small amounts of “capital” can allow individuals to generate more wealth.

Einstein called compound interest the eighth wonder of the world. Despite learning the basics in school, most of us leave our money to idle in low-return savings accounts.

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