Difference between Saving and investment?

[Planet408]

Don't be biased please. Anything you invest on should have a way of giving you some percentage of rewards. Savings can never be called an investment. You can only invest what you have saved. Savings don't automatically turn to investments because you saved it in the bank or elsewhere. Get the two right. They ain't just on same light.

 

[Henrylaw]

Saving involves keeping certain percentage of your income for future needs or investment. Investment involves putting your earnings, savings, salary, loan, grants in profitable ventures to generate inventives. Saving does not or rarely yields interest but profitable investment produce profits.

 

[Godslamp]

If you’re looking forward to buy mobile phone or to go on a small domestic vacation in near future, saving might be a good option to meet such objectives. On the other hand, investing is typically a long term plan for bigger financial goals. Say you’re planning for your child’s education or wedding or your comfortable retired life which is due in about 5 or more years ahead from now, investing from now can make these goals achievable by the time of need.

 

[Makah]

There is a very big difference between them. With my limited knowledge I think Investment is a long term goal which may not immediately provide you big money but Saving means the part of your eanings that you preserve for the future.
Having a Saving is good but having a solid Investment is better
So I will advise everybody to turn thier savings into investment because it's long term you will continue earning from it

 

[Samuel72]

According to my own point of view there is a very big difference between saving money and investing saving money is keeping money for future use or to invest or start up a good business but investing is the act of using lots of using money in order to get profit, you can save money to invest, and also it is better to invest than to save

 

[Victor001]

Savings always comes before investment, if you can't discipline yourself to save,you definitely can't make good investment.
Savings does not amount to any returns but investment amounts to returns. Savings is needed when you have needs to attend to for future opportunities, investment attends to needs that gives rise to savings.

 

[Psalmseen]

There's a huge difference between savings and investment. You can save to invest. Savings do not multiply but investment can double your money but the fact is just that it involves risk

 

[Abbeyola]

There is a popular saying that "Investments make you rich, while savings make you poor", this is absolutely false, the thing is "Saving is an Investment, but an investment isn’t saving.” and I am not talking about saving in your regular banks oh because saving in banks in this day and age will make you lose a chunk of your money in and charges and account maintenance charges, you all know how it goes now.
Savings helps you make money while investing MIGHT help you build wealth.

The basic difference between Savings and Investment is just the Profit margin and risk factor.
Savings = Zero Risk investments + Low-profit margin.
Investing = High Risk + High-Profit margin,

"This simply means that Savings can be called investments, but investments cannot be called savings"

The difference between savings and investments is a very wide gap that can not be quantify with one another because they are two different things but the only relationships among the two of them is that they both involve the use of money, which is the financial aspect of it. Savings deals with settling aside some little or huge amounts of money for your future use and it is mostly set aside monthly, daily or weekly, while investment is committing a certain amount of money into a project or business that will yield more money.

 

[Highflyer]

Savings and investment are two different things, when you save your money it is probably because you intend to use it for something or a purpose in future, and it only lies unused in your account with some paltry sum as interest. When you invest your money you get a certain amount of the capital as your Return On Investment(ROI). It is much advisable to invest than save your money.

 

[Maphalle]

Saving is for a short term, let's say you save money from January to use for your travels in December. Savings include money only. But investing is for a long term. You can invest in so many things of which at the end will be in exchange for money. We invest in property, we invest in Crypto currency, etc..

 

[Kingsley]

Savings is derived by deducting income from consumption the rest is savings, although one might want to consider invest as much more productive as compared with savings. But one will appreciate savings when an invest fails. That is not to say invest should be disregarded but, That is to make us understand that savings is equally important.

 

[Segat]

Well there is a thing line difference between the two "savings and investment". To me savings is also an investment, this is determined by where you are saving it for instance if you are saving in the bank or a cooperative society they will use the money for business and put a little profit on it for you at the agreed time you want your money back as it happens in investment though it has a little profit margin compare to some investment.

 

[Adetayo100]

There is a big difference between savings and investments, saving is keeping your money in the bank without actually growing in interest for the sake of emergency purpose while Investment is buying of property like house, land or stock and share for the sake of profit in the long run, it is better to invest your money in properties than keeping it in the bank where it won't yield intrest.

 

[Timison]

Better believe it very clear that investment funds is only an interaction of including abundance or stockpiling worth generally regarding money, throughout some stretch of time to accomplish a specific reason or undertaking. However, it is extremely clear reserve funds can't develop on it own without the assistance of venture. So based on the way that reserve funds relies upon speculation, I will presume that venture is all the more better.

 

[Briangsam]

Right. Saving and investment are often used interchangeably but they are not the same. Saving could mean to put money aside to reach particular goals. Investing however, is putting money into something specific with the expectation that its value will grow over time, providing the opportunity to create more wealth.

 

[Dorcey]

Savings and investment are not thesame ,truth be told that saving is important but also we need to know that investing your money on profitable things are also important, we save in other to use it the future while investment too is similar to saving also but when you invest you gain more and will definitely get more money to save

 

[Abee111]

The difference is very clear and simple to dictate. Saving is the act of keeping money with no interest attached to it, it can be by saving in a local bank( Esusu ),it can be by saving it with someone or any means but it will not attract any interest on it.
Investment means investing a certain amount of money or any of the fix or current assets in any business in expectations of profit or intrest.

 

[Sherman198]

Savings is putting your money somewhere that's safe especially in a bank. While investing is putting your money on something like a business that will yield dividends or profits for you, either for a very short time or in the long run. Savings gives no profit nor return, it's just there to be saved.

 

[Makah]

Savings is different from Investment in a lot of ways though investment is derived from our savings. One major difference between them is savings is always used up someday why investment will always be for live and that's why all sane man should make up an investment from our savings so as to secure your futore. there are a lots of things we can invest on farming business and housing and Estates and lots more. So in few words investing is the main key out of poverty

 

[Chibson]

Saving and investment are definitely two differently things. Saving is the act of putting your money in a particular place to avoid yourself making use of it or people stealing it. People save for different purposes, some people say to buy a particular property while some people say you for future purposes. Investment on the other hand, is an act of putting your money or something and expecting a higher return in the nearest future.