Here is an anecdote between investing and saving , Savings are anyway always killed by the inflation considering the time value of money,
You may lose some or all of the money you invest depending upon your planning and risk appetite . You can earn interest by putting money in a savings account, but savings accounts generally earn a lower return than investments. Investments have the potential for higher return than a regular savings account
Saving is Passive
Investing is Active. Continue reading “Why you should invest rather than save”
The rupee is getting weaker against the dollar and RBI likely stepped in to sell dollars via state-run banks in early trade on Monday after the rupee opened weaker on global risk-off sentiment. The rupee is trading at 53.46.
In the mean time just thought of sharing some basics from RBI : –
Narrow Money (M1) This is a fortnightly compilation. It consists of:
- Currency notes and coins with the public (Excluding cash on hand of all banks). Continue reading “RBI and types of Money”