Savings Accounts

Saving vs. Investing

Saving vs. Investing: Understanding the Differences

Finance and Economy, Investing / By / December 26, 2023

Two separate financial strategies with differing goals and degrees of risk are saving and investing. Depending on one’s time horizon, risk tolerance, and financial objectives, one can choose to invest or save. Savings is more in line with short-term goals like accumulating an emergency fund or saving for a down payment. Long-term objectives like retirement, …

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Are Mutual Funds (MFs) Competing Against Bank Deposits

Are Mutual Funds (MFs) Competing Against Bank Deposits?

Fixed Deposit, Investing, Mutual Funds / By / October 20, 2023

Mutual Funds (MFs) and bank deposits are not in direct competition, as they serve distinct financial purposes. Bank deposits, including savings accounts and fixed deposits, offer low-risk, secure options with modest interest rates, primarily focused on capital preservation. In contrast, mutual funds are investment vehicles that pool money from multiple investors to create diversified portfolios …

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