LCF isa

bail-in wrote: »

https://en.m.wikibooks.org/wiki/Macroeconomics/Savings_and_Investment

...
Having read the above and more, I am even more confused and puzzled on the distinction between savings and investments accounts. It may be that what I said about ISAs in my post above re designating investments and savings as different is inaccurate in the sense of depending how the two are looked at and in what context. .

Seriously? Based on the efforts you have previously gone to, to inform and educate us on an in depth basis in your verbose multi part "review" of LC&F and the open letter you were involved with getting hosted at Weebly, we got the impression that you were promoting yourself as a well-read and incisive businessman, lawyer, teacher, politician, rights activist, private investor etc. Though perhaps they were separate collaborators on your project rather than your different day jobs.

Your apparent bafflement here as you copy and paste the contents off various links to search for the truth about the distinction between savings and investments perhaps betrays people's confidence that you are a person of great knowledge and in a good position to educate us on what we need to know about private mini-bonds or other options to store and grow our wealth.

The macroeconomics definitions you copypasted from that link is looking at the context of national accounting. Measuring GDP with a macroeconomic model of measuring one nation against another, which informs monetary and fiscal policy.

In that national accounting context, the economists consider the country's "investment" in its productive assets to generate something with the capital, vs taking money out of the economy in various forms of "saving" (including transfers of value between parties, facilitated/ transmitted through shares and financial instruments, which might be net positive or negative when it goes across borders).

On this forum, a discussion board for talking about the options from financial service providers in the personal banking/savings and investment space, we are NOT talking about trying to draw up a set of books for a nation. Instead we are considering the options available to us when looking to either deposit money into an account to earn interest and withdraw the money later, or to spend our money acquiring a financial asset such as a loan instrument, a piece of equity in a company or fund, or other type of financial investment.

So, you are right that the terms, "saving" or"investment" might be different concepts if you are taking about global macroeconomics and constructing a formula to measure or model the accounting of an entire nation... versus when you are taking to a fellow man on the street about the options you personally have for either depositing savings in an account to collect later, or buying a financial asset to hold as an investment.

To me it seems pretty obvious that when people here on a savings and investment sub-board within a personal finance forum are taking about savings vs investment, they are not looking to construct a macroeconomic model of a nation's finance. They are looking to deploy their personal wealth into a savings or investment option. There is no need to try to teach them national accounting and then come out of it having further confused yourself due to overlapping terms which mean different things in a context far removed from what they're trying to do. Likewise, probably no need to give five separate links from the money advice service.