Discuss how you should evaluate "where to put your savings".

Discuss how you should evaluate "where to put your savings".



Answer: You should evaluate where to put your savings by considering safety, return, liquidity, and taxes. Safety is assurance that the money you have invested will be returned to you. Return is the percentage of money that you will get back on your savings or investments over a year. Liquidity is the ease with which an investment can be changed into cash without losing its value. Taxes reduce your rate of return.


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