Investing together: “Make sure you both clearly understand what you want to contribute and why”

At Peaks, we’re always curious about how our customers experience and use our app. On Valentine’s Day, Huub Doumen shares how he and his partner Namara use Peaks to invest together. “Make sure you both clearly understand what you want to contribute and why. Make sure to be honest with yourself when evaluating: are you investing enough, or should you be depositing more or less money?”

Sharing one account

“When things got serious between us, we combined our personal bank accounts into one joint account. We now use that account to invest with Peaks as well. We started about four years ago because saving wasn’t yielding much. Now, we invest our spare change and financial windfalls, like vacation pay or tax refunds. Whenever we receive an unexpected bonus, we always discuss what we want to do with it first: invest all of it, part of it, or use it for something else?”

Both comfortable with Peaks

“In our relationship, I’m the one who tends to seek out more adventure, while my wife is a bit more cautious. That balance is actually reflected in how we invest. We chose the most high-risk profile, ‘Adventurous’. But since Peaks always invests in a diversified way, the chances of losing all our money at once are still very small. So even though you can choose to take on more or less risk, you’re always investing in a responsible way.”

First-time investors

“We both had no experience with investing before opening our Peaks account. That’s exactly why we chose Peaks—where other apps can overwhelm you with complicated options, Peaks is very accessible. You can set up the app just the way you want it within half an hour and start investing right away. After that, you don’t really have to do anything, because Peaks takes care of everything for you.”

Investing together, vacationing together

“In the four years we’ve been using Peaks, we’ve achieved a pretty decent return. Even during tough years with COVID and the war in Ukraine, when markets and returns naturally dropped. It just proves the point: patience pays off in investing.”

“We invest with specific goals in mind, like a vacation or a new car. But if we can cover those expenses without touching our Peaks investments, we leave the money there so it can continue to grow.”

Keep evaluating

“My advice for couples who want to invest together? Make sure you both clearly understand what you want to contribute and why. Be honest with yourselves—after four or five months, are you still happy with how things are going? With Peaks, you have full flexibility: you can invest small or large amounts, so you can adjust as needed. If one or both of you ever feels uncertain, you can always withdraw your money. Of course, it’s best to leave it alone so your returns can grow.”

Investing always comes with risks, and you could lose (a portion of) your investment.