Wednesday, July 6, 2011
Saving vs Investing….
Its sound same, when we call SAVING vs INVESTING.. but there is much much diffrence between saving and investing…it’s just the thin line. But yet we can’t say it’s the same.
Saving is for our own security where as investing is for our growth financially. Saving is more of storing money safely for our immediate and upcoming expenses. For e.g. keeping money in banks, FDs, products where there are fixed rate of returns and where even the returns guaranteed. So we always have savings in interest – bearing accounts that are safe.
Savings work like an insurance against emergency requirements. It makes you feel secured. While we save we even prevent it from any loss though the growth would be less but its more secured and works as a backbone to the family. Savings would be where we might earn low or at a fixed rate and where in we can withdraw it easily.
Investing would work more towards growth and long term goals with a good risk taking appetite. Usually investing in Stocks, MF`s for long term can give very good returns, but at the same time it has its own risks attached to it, risk is even of losing your principal if not monitored properly. As I keep saying it would have its own pros and cons. Investing also has the power of compounding, where as in savings that is not that good.
While deciding where to invest for short term, one has to be very careful and weigh several factors right from amount of money you want to, time frame….
Before you plan your savings and investments, you need to keep aside x amount for all the unseen circumstances one might face in the next 2 months. Everyone has a different take on these things, especially when it comes to their own money. Important is how, when and where you save. Be it long term or short term, exercise over the risk appetite and requirement gauge for the next 6 months is a must…
We done a 30 mins session on clarify the diffrence b/w the two, so CONTACT US
“Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years. “
Introduction Debit cards are incredibly handy for daily expenses and general cash withdrawal needs. They provide the flexibility to withdraw...
8 MILLIONS CHILDREN ARE NOT IN SCHOOL : THE POWER OF YOUR WORDS CAN HELP CHANGE THEIR LIVES .. JOIN THE MOVEMENT NOW
Those Who Joyfully Leave EVERYTHING IN GOD'S HAND Will Eventually See GOD'S HAND IN EVERYTHING WORRY ENDS, WHERE FAITH BEGI...
Budget is an annual financial statement of the government. It is about how the government earns and how it spends and whether there is sh...
29/04/11 Sensex 19135(-156) Nifty 5749(-35) $ 44.43 Gold 22277 Silver 71753 CRUDE $112.82
Life is Beautiful -One Day -One Hour -One Min It's not come Again so Avoid Fight Avoid Angry Speak Lovely Spread ur Sm...
24/12/09 Sensex 17360(+129) Nifty 5178(+33) $ 46.75 Gold 16792 Silver 27269 CRUDE $76.56 -
The Government of India introduced Rajiv Gandhi Equity Savings Scheme (RGESS) in the previous Union budget 2012-13, and is targeted towa...