Most of the people are misinterpreting the
investment with
the saving. For most of them, saving is an investment.
However, saving means
merely keeping a slice of amount aside what you have earned, and you will then
get some ‘interest’ which is
guaranteed while investing, you will get ‘returns’
which is not fixed and guaranteed on it.
Study shows that the proper
investment always gives better
return than the interest.
Inflation is the major concern when we consider the time
value of money. Inflation means the depreciation in the value of money over a
period of time.
Hence, we need proper investment because in the idle years
when we don’t have any other sources of income other than bank interest on the
savings which is also eaten up by the inflation we need to have a strategy to
beat it.