https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3 Follow Up Questions en-us 2020-09-11 17:22:47 UTC 2025-10-31 15:08:10 UTC hello@padlet.com https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/739986919 saving is a portion of disposable income that is preserved for future use and not spent. Its in kept in safe account. Investing is when u purchase assets with the hope that what u bought will go up in value, so u can make money from investing in it.    ]]> 2020-09-11 18:26:47 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/739986919 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740001260 Saving is putting money into account where it is stored for future use or emergencies. Investing is buying assets that are expected to grow. It is not certain if you will profit or not.]]> 2020-09-11 18:30:19 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740001260 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740006674 If you take a high risk and it works out, you will receive a high reward. But if you take a big risk and it doesn't workout, you will end up losing a lot. High risk, High reward. ]]> 2020-09-11 18:31:45 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740006674 80147121 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740010463 Saving allows you to earn money with no risk while investing allows you to earn more money but you  take the risk of losing the money you  invested]]> 2020-09-11 18:32:41 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740010463 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740014028 Savings is when your money is saved for future use and isn't spent. Investing has a higher risk but can generate income and grow your wealth in the future.]]> 2020-09-11 18:33:34 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740014028 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740021944 it can lead to you getting a ton of money, without doing much of anything. ]]> 2020-09-11 18:35:29 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740021944 80147121 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740022710 The higher the risk, the higher the reward and vice versa]]> 2020-09-11 18:35:41 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740022710 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740023048 Saving is setting money aside for future purchases. Investing is purchasing assets with the expectation that money will make money for you. Saving is less of a risk, where investing is a higher risk. ]]> 2020-09-11 18:35:46 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740023048 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740029975 Savings is setting aside money for a future purchase. Investing is putting your money into something to make more money. ]]> 2020-09-11 18:37:28 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740029975 80147121 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740029989 Because its like simple interest but you earn returns and then get returns on those returns at the end of a certain period]]> 2020-09-11 18:37:28 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740029989 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740031551 Saving is setting your money aside for a future purchase.Investing is buying assests with the expectation that the investment will make money. ]]> 2020-09-11 18:37:51 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740031551 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740039732 The more risk there is in an investment the less likely you will get a return on it. However, higher risk investments can result in more % return.]]> 2020-09-11 18:40:00 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740039732 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740042960 Saving is putting your money aside to wait to use it for future purchases and investing is putting your money into maybe stocks or something relating to that so that you can earn more money than what you had before. ]]> 2020-09-11 18:40:52 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740042960 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740043111 The greater the risk, the greater the return you'll expect to earn. ]]> 2020-09-11 18:40:55 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740043111 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740044312 The higher the risk the higher the reward]]> 2020-09-11 18:41:14 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740044312 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740047186 Saving is setting your money aside, in a saving account for example, where it is kept for use later. Investing is putting your money into assets, like bonds, where the value of the asset has a chance to increase in value to make money, but has a greater risk than saving.]]> 2020-09-11 18:41:56 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740047186 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740047877 makes a sum of money grow at a faster rate]]> 2020-09-11 18:42:07 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740047877 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740049068 Taking more of a risk = the greater of a return you expect to receive

]]> 2020-09-11 18:42:27 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740049068 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740049414 If you take risks the reward outcome can be better than if you where not to take risks.]]> 2020-09-11 18:42:33 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740049414 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740051709 If you take a higher risk you'll get get a higher reward.]]> 2020-09-11 18:43:09 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740051709 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740053147 You can earn more money by using a compound interest. And over a certain period of time you can get returns. ]]> 2020-09-11 18:43:30 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740053147 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740055447 Saving is setting money aside while investing is putting your money with another company or person hopping to get a bigger return. However, risks can be involved when investing. ]]> 2020-09-11 18:44:09 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740055447 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740056794 Compound interest builds off of the interest you get over time. Your investment will exponentially keep growing the longer you invest that money.]]> 2020-09-11 18:44:31 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740056794 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740057666 You earn more money when using a compound interest because,when you earn returns on the money invested you also receive returns on those returns.]]> 2020-09-11 18:44:45 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740057666 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740060648 Compound interest increases your amount of money, the longer you invest in it. ]]> 2020-09-11 18:45:34 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740060648 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740060745 saving is putting money away for a rainy day or emergency expenses. investing is putting your money into something like bonds and waiting for a return, this carries the risk of losing your money.]]> 2020-09-11 18:45:36 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740060745 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740061415 The greater the risk, the greater chance for a bigger outcome. ]]> 2020-09-11 18:45:48 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740061415 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740063955 Compound interest combined with time, can truly increase your profits. Just by adding a few more years onto your interest can increase you profits significantly. Each year the new earnings are taking into account when applying your interest. ]]> 2020-09-11 18:46:28 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740063955 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740066462 Compound Interest can help your investments grow exponentially over time.]]> 2020-09-11 18:47:09 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740066462 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740067003 Usually the greater the risk is in the investment the greater the profit to be made.]]> 2020-09-11 18:47:19 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740067003 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740068809 compound interest can be a good way to make money because you make a certain percent each year and reinvest that into it so you make more money next year, do this for multiple years and you start making a substantial amount of money.]]> 2020-09-11 18:47:48 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740068809 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740069388 The higher the risk, the higher the reward.]]> 2020-09-11 18:47:57 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740069388 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740074417 Compound interest means your investments grow exponentially over time, which mean the longer you invest in something, the more money you will get out of it. ]]> 2020-09-11 18:49:22 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740074417 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740075402 Savings can be far less safe and rely on the stock market for returns. Saving accounts grow far less but with interest still grow.]]> 2020-09-11 18:49:39 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740075402 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740081110 The higher risk higher reward.]]> 2020-09-11 18:51:16 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740081110 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740082391 Because it is exponential so it continues to grow the longer you leave it in their. the more time you give it and the less you take away the bigger and bigger it gets]]> 2020-09-11 18:51:39 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740082391 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740123229 By reinvesting earned interest back into the investment you cause your interest to grow expodentially ]]> 2020-09-11 19:03:46 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/740123229 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/898364252 Saving- Zero risk of losing money
Investing- High risk of losing money]]> 2020-11-06 17:13:48 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/898364252 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/898367962 The higher the reward the higher the risk]]> 2020-11-06 17:14:39 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/898367962 https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/898369084 The sum of your money grows at a faster rate than simple interest because you're earning returns on the money you invested and returns on those returns at the end of every compound period]]> 2020-11-06 17:14:56 UTC https://padlet.com/eric_bostrand/y2ipgf0ujwgokea3/wish/898369084