How is investing different from putting money in a savings account?
Putting money into a savings account is a good way to keep a lump sum of cash handy in case you need it quickly in the future.
Many savings accounts have low interest rates, which means your money isn’t growing very much.
For people who want their money to increase in value over time, investing can be a good option.
When you invest, you are participating in the market to buy and sell securities to potentially make returns and earn dividends.
Some examples of securities include:
- Single Stocks
There is more risk with investing than with saving, but the potential for growth is often higher.
Stash helps simplify and guide you through the investing process so you can learn to build wealth on your own terms and at your own pace.
Want to learn more about the differences between saving and investing? Right this way!
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