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Money Saving
Difference between Saving and Investing
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[QUOTE="Mika, post: 181046, member: 29399"] Saving means depositing your money in a bank account that may or may not give you returns, or keeping your money or other liquid assets in a locker. Saving does not give you profits, it only protects your money from being spent. However, investing means your money will yield profits. You will not only get a principal return but also profits on your investment. Interestingly, investing will not always give you profits, it may also turn into a loss. Saving is the first step of investment. You save money so that you will be able to invest in something profitable later. [/QUOTE]
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