Saving and investing are both key parts of a solid financial plan. Whether you’re putting money into the best savings account — be that the best CD rates, best high yield savings or best money market accounts — or you prefer to ride the waves of the stock market, there is no right or wrong about what to choose.
Instead, the key is to understand your financial goals, your risk appetite and your time horizon, before making your choice, which could be to save, invest or both.
