0
What are the benefits of investing your money vs. just putting it in a savings account?
Wiki User
∙ 13y ago
Investing your money in a company, could bring me you a yearly amount dependant on the number of shares purchased. You must look on the stock markey to buu shares in a Public Limited Company, whereas, a friend or family member must own a Private Limited Company, and they must invite you to buy shares, before you can purchase shares within a Private Limited Company
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
The opportunity cost of investing is?
Consumption and Savings
Why open an savings account?
A savings account is a good place to keep money safe for future needs.
What's one difference between a checking account and a savings account?
savings account earns interest.
Do you want a high or low interest rate in a savings bond?
If you are investing in a savings bond, you wish for it to have a high rate of interest. If you are selling savings bonds, you wish it to be at a low rate of interest.
Can h use scarce and savings in a sentence?
My savings account provides scarce income.
What are 2 benefits of a savings account?
1) creating savings goals 2) putting money in without taking it out gives you interest!
How could I start a health savings account and what are the benefits?
A health savings account can be started from your employer. The benefits include various tax savings when it comes to medical expenses.
What are the benefits of investing in national savings bonds?
There are many benefits to investing in national savings bonds. Income generation (as you get some of the money that is made when the government invests your money in other places) is a major benefit as well as other similar rewards.
Is it wise to combine my checking and savings account, and why?
It wouldnt be wise to combine unless you are putting money from checking into your savings. A savings account is a little more protected and shouldn't be used as a checking.
What are the possible benefits of taking out a health insurance savings account as compared to purchasing ordinary health insurance?
There are many benefits of taking out a health insurance savings account as compared to purchasing ordinary health insurance. One of the best benefits is the possibility of interest growth in the savings account as well as not having to purchase it all at once.
What are the benefits of a saga savings account?
The benefit of any savings account is money saved. The trick is to find an account that doesn't bleed you dry in fees. If you read about the saga account you may be surprised.
What are the benefits of an offshore savings?
The main benefits of an offshore savings account is that it is usually subject to advantageous tax benefits, or no tax at all. Offshore accounts are usually held in Guernsey or the Isle of Man.
What is a good sentence for the word consolidate?
He was glad to consolidate his savings by putting them into a new account.
For which type of bank savings account are you investing money for a certain period of time?
These accounts are known as Money Market Accounts.
What are some benefits of using the 'Natwest Savings' website?
Some benefits of using the 'Natwest Savings' website are: the interest is paid directly into your account, easy to manage online banking service and plan and track your savings.
What are some of the benefits of an e savings account?
The benefits of an e-Savings accounts is the price to get access to it, which is only around $2. One can also access his/her e-Savings accounts online and is has no feeds attached to it to withdraw money.
What are the benefits of opening an orange savings account with ING Direct?
There are several benefits of opening an orange savings account with ING Direct. Using an orange savings acount with ING Direct, a person will save money and earn a higher interest rate on it. It has no service charges or minimum balance fes.
