What is the difference between INVESTMENT AND SAVINGS ?
As far as we are talking about investment than it is certain amount of money which is saved or use in some projects or certificates where we can take profit more than the money we have saved or invest. In general terms investment means the use of money to make more money. According to economics it is the production per unit time of goods are not consumed but use for future production. Example on purchase of saving certificate there we get certain inter ...more
Investment comes with the risk of the loss of the principal sum. The investment that has not been thoroughly analyzed can be highly risky with respect to th ...more
Major difference in investment and saving are as follows:
Savings are money or other assets kept over a long period, usually in a bank without any risk of loss or making profit but Investments are money or other assets purchased with the hope that it will generate income, reduce costs, or appreciate in the future.
Savings are low risk funds that must be liquid (available) when you need them but investments do involve greater risk.
The purpose of saving money is so you can have it for a specific purpose within a short time frame but investments yield much greater returns when left alone long enough to ride out the turbulence of the stock market.
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