Unquestionably, saving is important because it will allow us to achieve our goals in life. However, we have many goals in life, and sometimes, saving alone cannot result in us achieving all of these goals.
Investment is quite different from saving, although they share a similarity. The objectives of saving and investment will enable us to achieve the goals in life we have defined. A difference is that investment focuses on seeking return that is better than that from saving money or from making our savings bigger, without depending on more work or earnings. An advantage of an investment is that it takes a shorter time for us to reach our goals, and it enables us to have more diversity in the goals of life than by saving alone.
Source: Krungsri Asset
