Saving vs Investing: How hard is your money working for you?
Where I Am? | Viewer ==> Saving vs Investing: How hard is your money working for you?

Prescient Asset Management

  Prescient Asset Management   Q3 of 2024 | 2 years ago

As kids, we were told to save — save in our bank account, or in our piggy bank. What we didn’t realise then is that if we had invested our money instead, we would have been further on the path to unlocking our financial freedom. Most people view saving and investing in the same light due to the similarities between them. One of the most notable similarities is that both involve saving towards a future goal. However, the key difference between the two lies in the asset class that you invest in. Investing involves putting money into more risk tolerant assets with the potential for higher returns, while saving is limited to cash-only assets (more risk averse) with lower returns. "


SA - MA - I
SA - E - G
SA - E - LC
G - MA - F
SA - IB - VT
G - E - G
SA - MA - F
R - MA - F
SA - RE - G
SA - MA - HE
Did You Know ?

In 2020, Asset Protection international (API) ceased operating retail unit trusts.

Asset manager Coronation saw a need for a shariah-complient leaning asset managemnt and in 2002, founded a standalone manager Kagiso AM (now Camissa AM).

in 2010s SIM Money Market Fund unit trusts enjoyed being ranked the biggest unit trusts fund till its dissolution.

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Disclaimer
Our unit trusts prices captured in and around the end of each month and are rounded off to the nearest full 1 cent.