Investment is an act of buying assets or items that help you generate income in the long run. Economically, it can be defined as the act of purchasing assets or goods that won’t be consumed today but will be used to create wealth in the future.
While in financial aspects, one can define investment as an act of buying monetary assets in order to receive income from them in the future or selling it later at a higher price for profit.
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The opinions expressed in this post/page are those of the author. This is for general information only and is not intended to provide specific investment advice or recommendations for any individual and nothing contained herein should be construed as legal or tax advice. Before implementing any strategies, you need to seek proper financial, legal and accounting counsel.