In financial words, an investment is an asset purchased to generate income in the future, or we can say, investments are considered avenues to grow ones’ wealth. For example, if you buy an apartment, it can generate income for you in two ways:
A point to consider
The safety of the principal amount is a significant point of concern while investing, as risk and reward move proportionately with it. Hence, if you go for low-risk investments, the returns will be less. However, if you are prepared to take higher risks, you can aspire for higher returns.
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