Saving versus Investing

Saving versus Investing.  They’re not the same

For many of us, the words saving and investing are synonymous but as Roger G. Allen once said, “How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.” 

It’s not that saving for a rainy day isn’t part of a prudent money management strategy, but it is very different from investing to achieve longer-term goals.

Here’s an excellent article penned by Tony Muhlenkamp of Muhlenkamp that will help you to discern the difference between saving and investing, and why both are the basic building blocks for optimizing your personal financial outcomes.


At Black Ice Strategies, we aim to be a resource for your entire business. If you are looking for corporate retirement plans or app development and everything in between, visit our Resource page for our recommended partners.

Leave a Reply

Your email address will not be published. Required fields are marked *