Why is it better to buy stock than just deposit your money in bank

[Smiles20]

If you are buying a stock then there is actually a possibility that you might be any dividends or even interest on it. This is not usually the case when you are putting it in the bank.

 

[Nomad]

In my home country the average interest rate in high yield saving accounts in banks is 12 percent, where as the average return on investment in the stock market is around 15 percent. You can make the calculation.

 

[eenya00]

leaving money in bank account is not a good form of investment except you leave the money in your fixed deposit account, but if it is on saving account, then you would lose the money with time via multiple charges.

 

[Planbizzle]

Depositimg your money in the bank is not advisable because it doesn't increase in value. Infact, other economic indicators might like inflation wil reduce its value over time. Put it into stocks as an investment. You can get dividends paid to you or own shares in the company. The latter is better and more profitable

Investing in stocks can be a wonderful method to build your money because they often offer larger returns than bank deposits do. A portion of ownership in a firm is what you purchase when you buy stock, and if the business succeeds, the valuation of your stock will rise, allowing you to sell it for a gain.

 

[eenya00]

Investing in stocks can be a wonderful method to build your money because they often offer larger returns than bank deposits do. A portion of ownership in a firm is what you purchase when you buy stock, and if the business succeeds, the valuation of your stock will rise, allowing you to sell it for a gain.

there are also risk factors that are associated in investing on the stock market and you should also take that into cognizance as well when making your projections so as not to be dissapointed in the future.

 

[Imran_Noori]

As I frequently say, saving money is the same as squandering it. If you do nothing with your time, you are wasting it. Consequently, invest your money carefully in a source that you can trust.

You made a good point, saving money during inflations is like wasting it, instead try to invest it in something profitable like stocks or crypto that could generate profits for you.

 

[joy101]

Depositing your money in the bank will never give you any profit in return, that is why is very advisable to used your money to buy stock so that you can make profit in return, bank can only save your money but can never give you any income.

 

[eLdavis]

To buy stock means investing while simply putting your money in the bank can be considered as saving. If you really want to make money, investment would be the better option for you cause while you save it in the bank it does not generate any income for you.

 

[Treborika]

I think buying stocks on a good performing company is far much better than depositing the money in a bank. This is because the stocks would be earning interests while the savings won't anything.

 

[Syldan]

Actually there are alot of benefits to invest in stocks than to save your money in the bank which will offer you no profit.

Though stocks investment is very risky but is profitable when you succeed.