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Is money placed in a bank considered investing?

Absolutely. Good financial planning means establishing savings and investments that increase your assets and manage risk. Bank products are certainly a component of that formula. Long term investing requires measuring risk and reward to not only increase your returns on the capital you have but to preserve it as well. There will always be some aspect of risk in investing whether it is the return on investments turning negative or the erosion of purchasing power by raising inflation. Managing your primary bank investments whether it be a checking account, savings account, money market deposit account or certificate of deposit is a fundamental building block to sound financial planning.

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