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What is the difference between savings and investment?
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[QUOTE="TOZZIBLINKZ, post: 285798, member: 37528"] There is a striking interchange importance of the two financial activity of saving and investment and most of the times saving and investment cannot do without each other. The reason we said this is because money from our savings can be used to facilitate our activities of investment and also money from investments when our investment turn out to be legit and fruitful can also be used to facilitate our other activity of saving for the future. When we save money we prepare ourselves for future activities such as unforeseen occurrences and untold circumstances and also we prepare ourselves to the engage in any investments that will turn out to be legit and worth engaging into. The only difference between the activity of saving money and investing money is that when we save money we are preparing for the future but when we invest money we are looking for ways to harvest more money. And one of the similarities about the financial activity of saving and investment is that they are based on monetary terms and activities. [/QUOTE]
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What is the difference between savings and investment?
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