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∙ 15y ago
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What is the difference between investing and saving?
Investing is when we expect the money to appreciate atleast to beat the inflation, and thus money grows. Saving is just to keep the money idle out of the expenditure.
What are the main goals of saving and investing?
For most people the main goals of saving and investing are to increase the amount of wealth a person has.
How can you double you money?
Smartly saving and investing it.
What is the difference between saving and investing?
Saving is when you put money in the bank in a savngs account or you are careful not to buy articles that are expensive by looking first and then buying. Investing is when you buy something that is of value, for example a house or property. You may later sell the asset and get a profit from the sale. Hope my answer is of help
Is saving and investing plan is part of a good financial plan?
yes
How does one receive the option of investing?
You can receive the option of investing by saving money and paying all your bills on time so you have leftover income to use for investing. You can learn more about investing online at the Investopedia website.
What will the federal government do in attempt to encourage saving and investing?
raise dividend rates
What are the five major economic activities?
producing, exchanging, consuming, saving, investing
How do financial institutions like banks encourage saving and investing?
by providing interest on deposits
What are the differences between IRAs for retirement?
Traditional IRA's are tax deductible where as Roth IRA's are never deductible. You can read up on the differences at http://www.fool.com/investing/general/step-3-roth-vs-traditional-ira.aspx
What will the federal government (federal reserve bank) do in an attempt to encourage saving and investing?
raise dividend rates
What will the federal government (Federal Reserve Bank) do I an attempt to encourage saving and investing?
raise dividend rates
