sarahcruz8926
sarahcruz8926 sarahcruz8926
  • 03-06-2021
  • Business
contestada

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

Respuesta :

Аноним Аноним
  • 03-06-2021

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.

Answer Link

Otras preguntas

A passenger on a boat moving at 1.70 m/s on a still lake walks up a flight of stairs at a speed of 0.60 m/s , as shown in the figure . The stairs are angled at
Rewrite the function c(x) =9(x+3) using the distributive property
What is a direct combination reaction?
Rewrite the function c(x) =9(x+3) using the distributive property
What three islands are located off the East African coast
Nadine can send or receive a text message for 15 cents or get an unlimited number for 5 dollars. Write and solve an inequality to find how many messages she can
A 1 digit number and a 3 digit number have a sum of 205.  The same two number have a difference of 195, a product of 1,000 and a quotient of 40.  What are the t
How does transpiration play a  role in the water cycle ?
Trying to translate word problems. Five times the sum of 3 and twice some number is 70. what is the number?
What is Sir Francis Drake hardships