Is investing better than saving?

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In a 50-overs match, imagine the #6 batsman only walks in to bat after the 5th over. In order to score runs, he must first ensure that he does not lose the wicket.

Also Read : 6 powerful Tips for Long-Term Investing.

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Is Investment better than savings?

Investing requires saving, but it is equally important to save one’s wicket so one can score later. If one plays defensive cricket and avoids all types of shots, one can save the wicket. In that case, the score would be very low. Taking some risks, such as lofted shots or drives between fielders, cuts and nudges, would help him hit some boundaries.

To achieve financial success and beat inflation, one must take certain investment risks in order to accumulate large sums. Risk management and taking calculated risks are at the heart of investing, not avoiding them altogether.

As an analogy, in cricket, staying at the crease and scoring runs require taking calculated risks and not playing rash shots.It is not a good idea to take unnecessary risks.

As a result, while saving is important, investing is equally important for achieving long-term goals.

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