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What is the difference between savings and investment?
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[QUOTE="Augusta, post: 287861, member: 25283"] Savings and investment are two different things though the both involved money. saving is all about keeping aside some money which can be monthly, weekly, daily or quarterly so that you have a financial backup when you you need it in the future. We know that the need for savings can't be overemphasized you would have been able to have money set aside for the rainy day Another good thing about saving is that you would always be liquid as you have money to use at any given tike than to go borrowing. For investment it is about putting yourself into any project that will yield profit. if you know that you need profit from a venture then it is good to invest into profitable portfolios like real estate, investing in shares, buying bonds and other assets. This is more like looking for ways that your money can start working for you. [/QUOTE]
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What is the difference between savings and investment?
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