Question

What are 2-3 reasons why the product (saving or investing) might be a good option for someone to

use for growing their money. What are 2-3 reasons why the product (saving or investing) might not be a good idea for someone to use for growing their money

Answer 1

The biggest difference between saving and investing is the level of risk taken.

Benefits of Investing

Potential for long-term returns. While cash is undoubtedly safer than shares, it's unlikely to grow much, or find opportunities to grow, in the long run.

Outperform inflation.

Provide a regular income.