Written by Saving involves putting money aside in a low-risk, easily accessible account, such as a savings account or money market fund. The primary goal is to preserve capital while earning a small amount of interest. It is generally used for short-term financial goals or an emergency fund.
Investing, on the other hand, involves putting money into assets like stocks, bonds, or real estate with the expectation of earning a return over time. Investing carries higher risk, but it also offers the potential for higher returns. While savings are safer and more liquid, investing can help you grow your wealth and outpace inflation over the long term.
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