How do you differentiate between savings and investments?

[Stardom22]

For me l can say that savings is the money saved for future uses while investment is the money used in business or projects undergoing

 

[Suba]

In my opinion, savings and investments are very different both in form such as saving in the form of fiat money, while investing in the form of instruments such as stocks, property etc. Risk and profit, savings have very low risk and low profit on the other hand investment has higher risk and profit. and of course there are many more differences.

 

[bluesky]

For me, savings is saving for the rainy day and investment is towards long time goal for the future.

 

[Xtynehappy]

Therefore savings should be there handy for to cater for any challenge that comes by without notice unlike investments that are set for specific business purposes.

 

[Nomad]

Saving means there is zero risk but return is small or nothing,investment means certain degree of risk but with returns

 

[Springtime]

Savings has no risk, but you only get a small amount of interest. For investment, there is risk but there's a chance that the return is much greater. Investment enables you to grow your wealth.

 

[eLdavis]

Saving is more about keeping a specific amount of money for future use, then on the other hand, investing or investment is putting your money in something with an expectation that it would generate more after a while.

 

[Suba]

Savings are the most liquid and low-risk asset. They don't fluctuate in value, but their value will decrease with inflation. They also offer very low interest rates. Savings are primarily for short-term needs. Investments, on the other hand, are more focused on the long term.