Investment guide

Should I save or invest?

Should you save cash or invest?

It can be difficult to decide whether you should save or invest. The right answer for you is all down to your own personal financial situation and goals.

Our guide can help you work out ways to start saving or take the first steps to start investing.

The difference between saving and investing

Are you wondering about the best way to grow and protect your money?


Savings have the advantage of being dependable, predictable and easy to access. If you know you'll need a set amount of money in the next 12 months, for example, then regularly depositing in a savings account may be the best solution.  Savings will grow over time as more money is put away and interest accrues on your balance. 


If you are saving for a longer-term goal, typically five years or more, investing your money has the potential  to deliver a better return, and help protect your buying power from the effects of inflation. The value of investments can go down as well as up. 

Learn more about Royal Bank Invest

Deciding which option is right for you

Outlined below are some things to think about to help you decide whether to save or invest.

Get Started with Royal Bank invest

Royal Bank Invest offers you a quick and simple way to help you make your money work harder and go further. Whatever plans you have for the future - whether you’re an experienced investor or taking your first steps, we’ve made it easy to get started.

Click “Invest Now” to log into the invest portal.

Already a Royal Bank Invest customer?

Log in to Royal Bank Invest

If you're an existing customer, log in to track the progress of your investment as and when you want with your online investment account.

Check out past fund performance

As investment returns aren’t certain, this shouldn’t be used to guide what you could get back in the future. Log in to Royal Bank Invest to view our investment forecast tool.

Anything else we can help you with?