Guidance for achieving your investment goals.

To understand investing, you must first understand the difference between investing and saving. Saving money is the process of putting cold, hard cash aside and parking it in an extremely safe and liquid account. Investing, on the other hand, is the process of using your money, or capital, to buy an asset that you believe has a good probability of generating a safe and acceptable rate of return over time to increase your wealth, even if it means suffering volatility, perhaps even for years.

Simply put, by saving money you do not generate money. You need to invest money over time to work and generate returns for you. Both of these play a role in financial planning.