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What Is the Main Difference Between Saving and Investing? Saving Is Only for Emergancies Investing Aims for Higher Returns over Longer

Problemas

What is the main difference between saving and investing? Saving is only for emergancies Investing aims for higher returns over longer periods Saving requires more money initially Investing is always risk free

Roztwór

María Elena maestro · Tutor durante 5 años
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Respuesta

The main difference between saving and investing is that investing aims for higher returns over longer periods, while saving typically involves putting money aside in a safe and liquid form, such as a savings account, with the goal of preserving the principal and earning a modest interest rate.