Should I save or invest? Savings Vs Investing | Investment Tips by Yadnya



Many new investors don't understand that saving money and investing money are entirely different things. They have different purposes, and play different roles, in your financial plan. Make sure you are clear on this before you begin your journey to building wealth and finding financial independence. Saving is putting money aside bit by bit, to make a lump sum. You usually save for a particular goal, like having the money for a holiday, a deposit on a house, or any emergencies that might crop up. Often saving is taken to mean putting your money into cash products, like bank accounts, fixed deposits, Liquid Funds etc. These instruments mostly are not able to give returns more than inflation. Investing is taking some of your money and with the aim of making it grow, by buying things that might increase in value, like Equity Mutual Funds, Stocks, or property. These instruments are aimed to beat inflation handsomely. For details with examples, please watch the video. Find us on Social Media and stay connected: Facebook Page - https://www.facebook.com/yadnyaacademy/?fref=ts Facebook Group - https://goo.gl/y57Qcr Twitter - https://mobile.twitter.com/investyadnya

Comments

  1. What are short term and high gain investment options
  2. Quite crisp.. well done ! :-)


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Duration: 5m 2s

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