My First Blog: "Savings Vs Investments."

-


SAVINGS refers to setting aside a portion of your income or money for future use, usually for emergencies or short-term goals. These savings are usually kept in a savings account, which may offer interest but typically has a low rate of return.

INVESTMENT, on the other hand, involves putting your money into financial assets such as stocks, bonds, real estate, or mutual funds, with the expectation of earning a higher rate of return than savings. Investment has a longer-term horizon and typically involves more risk than savings.


In summary, savings are used to build an emergency fund or achieve short-term goals, while investments are used to grow wealth over the long term. Both savings and investment are crucial to securing financial stability and achieving financial goals.👈







Comments

Post a Comment

Popular posts from this blog

ONDC vs. Swiggy and Zomato I Disruption I

-
Image
The Battle for Affordable Food Delivery in India The Open Network for Digital Commerce (ONDC) is a platform created by the Indian government to promote fair competition in the e-commerce industry and provide affordable options for consumers. It is designed to be an open network that allows users to order goods from a variety of sellers across different apps, similar to the Unified Payments Interface (UPI) which enables seamless payments between bank accounts through various apps. Launched in September 2022, ONDC operates on open protocols and open-source specifications, and it does not have a single app of its own. Instead, it has partnered with multiple apps that users can choose from to place their orders. The platform aims to prevent monopolies in the e-commerce space and provide more choices for consumers. One notable feature of ONDC is its significantly lower prices compared to other popular food delivery services like Swiggy and Zomato . This has been well-received by Indian u...
Read more

"Revolutionizing Alternative Investments: SEBI's Move to Bring Direct Plans to AIFs Could Change the Investment Game"

-
Image
On 11th April 2023,  The Securities and Exchange Board of India (SEBI) directed Alternative Investment Funds (AIFs) to offer direct plans to investors. Direct plans are investment plans that allow investors to invest directly with the fund house, rather than through intermediaries such as distributors or brokers. This move is expected to increase the allocation to AIFs by investors, as it would provide them with a cheaper and more transparent investment option. The article also states that the move is in line with SEBI's efforts to promote direct investments in mutual funds and reduce the cost of investing for investors. AIFs are investment vehicles that pool funds from high-net-worth individuals and institutions to invest in a variety of asset classes such as real estate, private equity, and hedge funds. They are regulated by SEBI and require a minimum investment of Rs 1 crore ($136,000) from each investor. Overall, SEBI's move to require AIFs to offer direct plans to invest...
Read more

Rinku Singh's Heroics Outshine Dhoni as the Ultimate Finisher: Rinku Singh Inches Closer to Indian Debut

-
Image
Rinku Singh's performances in the IPL have been garnering attention and popularity. It's not uncommon for impressive performances in the IPL to generate excitement and calls for players to be considered for the Indian cricket team. While Rinku Singh's recent performances have been noteworthy, it's important to remember that team selection for the national side involves multiple factors.  Rinku Singh's recent displays of power-hitting and match-winning contributions certainly make him an exciting prospect, Representing KKR for the past three seasons, Rinku Singh’s super form this season has led to his name buzzing. Despite being paid just Rs. 80 lakhs, Rinku has become the top scorer with 407 runs in 13 matches. He has also scored the most runs in the death overs this season, with a strike rate of 197.53. After his sensational 5 sixes in a row against Gujarat Titans, he scored a fifty against Sunrisers Hyderabad. Rinku has the highest strike rate in the 20th over of ...
Read more