IDNLearn.com connects you with a global community of knowledgeable individuals. Get comprehensive and trustworthy answers to all your questions from our knowledgeable community members.

If investing can bring higher returns why should someone put money in a savings account at all?

Sagot :

Answer:

Because you take risks when you invest

Explanation:

Ideally, someone should both invest and have some money aside on a saving account (in case of emergency for instance).

First of all, because you should never put all your eggs in the same basket.

Then, because any investment involve a certain level of risk, so you should not invest any amount you are not ready to lose.