Story cover for Why One Should Invest Instead Of saving? by Naina1901
Why One Should Invest Instead Of saving?
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Ongoing, First published Jun 19, 2021
Saving money and Investing money are different things but the ultimate goal of both is to achieve financial soundness, they both play a very crucial role in our financial aspects and both are equally important. It is necessary to understand the key fundamental concept of saving and investment. Saving is setting aside the money you don't spend now for emergencies or a future purchase. On the other hand, investment is a way to let your money make money for your investments can be done in buying assets such as stocks, bonds, mutual funds, or real estate.
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