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SAVING AND INVESTING: WHERE DO I START?
MONEY BASICS
with MARTIN HESSE
IF you’re keen to start saving or investing you need to choose the right vehicle to do so. But first, we need to clear up some confusion surrounding these two terms. Saving is the act of putting
away money – either a lump sum or, more practically, small amounts on a recurring basis – so as to accumulate an amount to be used in the future. Investing is "buying into" assets such as companies,
bonds or property that you believe have the potential to grow in value, thereby giving you a good return on your investment. However, these two terms are often used interchangeably. For
