Savings
Savings is another type of investment, extremely low risk but usually always available by just withdrawing the money you need from your bank account. Most people usually save money for a down payment on a home, for a vacation, for a college education, or for a new car. Although some say, especially Keynesian economists, that too much savings can be bad for the economy, there are others that dispute this and feel that because today’s economy is so complex increased savings, in and of itself is not enough to send an economy into a recession. On the contrary, we believe in the fundamental importance of savings to a real and genuine growth in the economy. This is because usually people are saving today in order to have enough money to make large purchases at a later date, like the vacation, college education or home which was mentioned to begin with.
