What is the difference between Saving and Investing - Savings vs Investments
What is the difference between saving and investing?
In this video, you will learn what is the difference between saving and investing.
By saving you’re simply putting your money aside either in cash or liquid accounts such as checking or savings accounts.
When you invest, you put your money into investment products, such as stocks, bonds, index funds or mutual funds, to get a return on the investment, but you also take on some risk.
Savings come handy on a rainy day while investments helps you in building wealth.
You need both savings and investments for your financial well-being.
So that's the difference between savings and investing.
The difference between savings and investments. At its most basic, saving is the act of putting money away in a safe place to use it in the future. Investing involves putting your money into investments – such as shares, funds and property – with the hope that your money will grow.
Thanks for watching this video. Do subscribe to our channel for more such useful videos.
★☆★ MUSIC CREDIT ★☆★
Carefree by Kevin MacLeod is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/...)
Source: http://incompetech.com/music/royalty-...
Artist: http://incompetech.com/
★☆★ OUR OTHER VIDEOS ★☆★
5 Best Cryptocurrency Exchanges To Buy Altcoins - • 5 Best Cryptocurrency Exchanges To Bu...
Penny stock vs. Small cap stock | What Is the Difference Between a Penny Stock and a Small Cap Stock - • Penny stock vs. Small cap stock | Wha...
7 Best Video Conferencing Software You Must Try! - • 7 Best Video Conferencing Software Yo...
What is Shopify | How Does Shopify Works | Shopify Explained | Shopify for Ecommerce - • What is Shopify | How Does Shopify Wo...
What is Oberlo | How Does Oberlo Work | Basics of Oberlo App for Ecommerce Store Dropshipping - • What is Oberlo | How Does Oberlo Work...
5 Best Forex Trading Platforms in 2021 | Forex Currency Trading | FX Trading - • 5 Best Forex Trading Platforms in 202...
5 Best Robo Advisors | Robo-Advisor Automated Investment | Robo Advisor Investing - • 5 Best Robo Advisors in 2021 | Robo-...
★☆★ COPYRIGHT DISCLAIMER ★☆★
Some contents are used for the educational purpose under fair use. Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.
★☆★ DISCLAIMER ★☆★
I am not a financial advisor and the content on this YouTube channel should not be seen as financial advice. These YouTube videos are for educational purposes only and merely cite my own personal opinions. You should always do your own research before implementing any advice and the content on these videos shall not be construed as tax, financial, business, legal advice. It is your responsibility to verify all information before embarking on any tips shared by me. Our content is targeted towards the US audience.
This video and description contain affiliate links, which means that if you click on one of the product links, we’ll receive a small commission. This helps supports the channel and allows us to continue to make videos like this. Thank you for the support!
#savings #investments #savingsvsinvestments
