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what is the relationship between saving and investing. What are some of the risks and benefits in saving with a bank or savings and loan as opposed to investment savings.

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Saving and investing are both ways in which people set mopney aside in order to let it slowly grow.  A bank savings account will often grow at a set annual rate that is rather low.  1-5%.  Investments are more risky as they can lose money, or they can grow a lot.  The average return on investments tends to be a bit higher ~7%, but it is possible to lose money in the long-term with investment savings.
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