Savings Vs. Investment – Is there a Difference?

 

In India, the terms “saving” and “investing” are almost always used interchangeably. Most of the time, we refer to longer-term goals, for example—“I’m saving for my son’s college education.” But we also treat “saving” and “investing” the same way; that is, we use the same approach or asset types to pursue a goal, whether short-term or long-term. For instance, while accumulating money for retirement, we try to determine “How much cash should I keep in my portfolio?” Or in another instance where one considers his stock funds his “emergency money.”

Saving. Investing. It’s all the same, right? Not necessarily. Continue reading →

Posted by Alok Chhajer, 2 comments