Simply put, fixed income returns are from "Savings", while market-related variable returns are from "Investments".
1. Saving is setting aside money for short-term use, usually less than a year, which is put in a cash account or term deposit with very little risk and limited growth potential.
2. Investing is putting away money for the medium to long term, at a measurable risk, and usually involves creating a strategy to grow wealth for achieving financial goals.
1. Saving is setting aside money for short-term use, usually less than a year, which is put in a cash account or term deposit with very little risk and limited growth potential.
2. Investing is putting away money for the medium to long term, at a measurable risk, and usually involves creating a strategy to grow wealth for achieving financial goals.