It is hard to decide what option to choose when it comes to investments. To help you set a clear investment strategy in our new content series, we will try to shed light on some of the most popular investment opportunities and compare them with trading. Lets start with the pros and cons of savings accounts compared with the ones of Forex.
# Savings account
Pros: Offers stable yet modest return on money, safe in the sense of a shallow risk of losing money, most accounts are secured by the government and can be compensated
Cons: Inflation negatively affects the purchasing power of it
# Forex
Pros: Offers higher profits, not dependent on inflation or financial institutions' policies
Cons: Needs in-depth learning and daily practice to guarantee stable and positive results
Have you invested in savings accounts？ What was your experience with them？
#investing #forex #savings
