When you save money, you put it into a relatively safe place to use in the future. So saving could be seen as ‘deferred spending,’ for example, saving for a holiday. But when you invest your money, you make an active decision to put your money into an asset to generate profit.
All investing involves risk, and different types of investments involve different levels of risk. This means it is not only profit, but an investor may also sustain a loss.
If you’re wondering where to invest money to get good returns, the answer is that it depends on many factors, and there’s no one-size-fits-all in a successful investment strategy. Whatever your goal, remember there are risks attached to investing as returns aren’t always guaranteed. You could make money or lose it.