Investment and Savings – Pit Capital Corporation

Saving

For the short term. Typically for smaller, shorter-term goals in the near future like saving for a large purchase or for an emergency.
Ready access to cash. A savings account gives you access to cash when you need it.
Involves minimal risk. Your funds are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per depositor, per FDIC-insured bank, per ownership category.
Earn interest. You can earn interest by putting money in a savings account, but savings accounts generally earn a lower return than investments.

Usually used for long-term goals. Investing may help you reach long-term goals, such as paying for a child’s education or planning for retirement.
Longer wait to access invested funds. When you invest your money, it can take a few more days to access your money compared to a savings account.
Always involves risk. Investing does not guarantee a return, and it is possible to lose some or all of the funds invested.
Earnings potential. Investments typically have the potential for higher return than a savings account.