Tuesday, September 10, 2019

INVESTMENT

WHAT IS INVESTMENT?
The money you earn is partly spent and the rest saved for meeting future expenses. Instead of keeping the savings idle you may like to use savings in order to get returns on it in the future. This is called Investment.
WHY SHOULD ONE INVEST ?
One needs to invest to:
• earn return on your idle resources
• generate a specified sum of money for a specific goal in life
• make a provision for an uncertain future
One of the important reasons why one needs to invest wisely is to meet the cost of Inflation.

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