Is it better to invest my money or save it in a fixed account
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Both savings and investments are important. Based on my perspective, I fell it's better you make investments. When you invest your money your are definitely going to make profits. Investing is a fast way to grow wealth. However there are risk associated with making investments. Fluctuations may arisRead more
Both savings and investments are important. Based on my perspective, I fell it’s better you make investments. When you invest your money your are definitely going to make profits. Investing is a fast way to grow wealth.
However there are risk associated with making investments. Fluctuations may arise in the market which may be due increase in the price of goods and services.
Regardless of the risk involved in business, I’ll advise people to invest rather than savings alone.
See lessThis depends on the person's preference but I prefer to invest .if you're trying to accumulate a smaller amount for a short-term goal, then a savings account is probably the way to go. but if you're trying to save for a large, long-term goal like retirement, an investment account is more in line wRead more
This depends on the person’s preference but I prefer to invest .if you’re trying to accumulate a smaller amount for a short-term goal, then a savings account is probably the way to go. but if you’re trying to save for a large, long-term goal like retirement, an investment account is more in line with your needs.
Saving typically results in earning a lower return but with virtually no risk. but investing allows you the opportunity to earn a higher return, but you take on the risk of loss in order to do so.So investing Is a lot better
See lessIf you asked me this question some month ago or a year ago I would have told you that investing your money is actually one of the best things or smart moves you can make especially if you're in your personal but now I have like a very serious lesson Sometimes what do you need to do is save your moneRead more
If you asked me this question some month ago or a year ago I would have told you that investing your money is actually one of the best things or smart moves you can make especially if you’re in your personal but now I have like a very serious lesson
Sometimes what do you need to do is save your money and have this assurance and peace of mind that no matter what happens your money is there an nothing will ever happen to it
See less