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Whats the difference between saving and investing?

April 26, 2017difference Investing Saving

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10 Posted

Whats the difference between saving and investing?

1 Answer

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10 Posted

Saving is a stage on the way to investing. You cannot be an investor without being a saver but you can be a saver without being an investor. Savings are effectively cash or cash instruments, such as deposit account, term bonds etc. Investing is what you do with the savings you have created if you are looking to generate a return on your money that is greater than what is already available to you through your savings instruments.