Developing an Idea through Comparison how does putting your money in a bank compare putting your money in stocks,bonds and secur

Question

Nina [5.8K]

3 years ago

14

Developing an Idea through Comparison how does putting your money in a bank compare putting your money in stocks,bonds and secur

ities

World Languages

1 answer:

olga_2 [115] · Answer 1 · 2022-11-26T12:01:29+03:00

Answer: Storing money in a bank isn’t passive income unlike investing in stocks and bonds. Therefore, the money in the bank won’t earn you money (unless you save money and you earn a little from the interest rates) but stock and bonds most of the times can make more money than the amount first put in. But then stocks and bonds are higher risk compared to just letting money sit in a bank and letting the interest rate help it grow.

Explanation: