THOUGHT FOR THE DAY

Success

“I've failed over and over and over again in my life and that is why I succeed. ” - Michael Jordan

TOPIC OF THE DAY

Savings and Investments

Most of us use the word 'savings' and 'investments' as synonyms. But there is a substantial difference between these two words and at the same time some similarities also there in between these two.
Savings: * Savings is the simple process of putting aside a part of our earnings, usually in the form of cash in hand or savings account, or in the form of some high liquid instruments. Eg. Bank deposits, postal savings…

* By savings in the banks, we may earn interest and feel secured because of the growth of our money.
Investments: * Investment is spending money (or capital) to purchase an instrument or asset that generate secure and reasonable returns, income or capital appreciation over a period of time.

* Investment may provide income and capital gains with proper management of the risk involve in any form of investment. Eg. Investment in gold, real estate, equities etc.,

Read on..........


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Corporate governance and stewardship by N. Balasubramanian.