Mentor at SHAYVIDZ Academy
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Joined September 2007
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Saving
Saving is the conservation of money. Methods of saving include putting money aside in a bank or
pension plan.
Saving also includes reducing expenditures, such as recurring costs. In terms of
personal finance, saving specifies low-risk preservation of money, as in a
deposit account, versus
investment, wherein risk is higher.
Investment
Investment is the active redirection of resources/assets to creating benefits in the future; the use of resources/assets to earn income or profit in the future. It is related to saving or deferring consumption.[citation needed] Investment is involved in many areas of the economy, such as business management and finance no matter for households, firms, or governments. An investment involves the choice by an individual or an organization such as a pension fund, after some analysis or thought, to place or lend money in a vehicle, instrument or asset, such as property, commodity, stock, bond, financial derivatives (e.g. futures or options), or the foreign asset denominated in foreign currency, that has certain level of risk and provides the possibility of generating returns over a period of time.
source :
https://en.wikipedia.org/wiki/Saving
https://en.wikipedia.org/wiki/Investment
Also read this
https://www.bhartiaxa-im.com/saving-investment/
Adarsh