Saving Vs. Investing: What Is The Difference, And Which Is Better?

People are often unsure about what to do with their money. They know they need to save for the future but are unsure if they should invest or put their money in a savings account.

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It’s tough to make the right decision regarding your personal finances.

Similarities Between Saving and Investing

Both savings and investments help you accumulate money for use in the future.

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Differences Between Saving and Investing

Saving results in a lower return but comes with little to no risk. In contrast, investing enables you to earn a greater return while incurring the danger of loss.

Risk

Savings - None on FDIC and NCUA accounts

Investing -Varies depending on the investment

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