What is investment.... also explain the various types of investment
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➡What is Investment?
ans:- Investment is an asset acquired or invested in to build wealth and save money from the hard earned income or appreciation. Investment is primarily made to obtain an additional source of income or gain profit from the investment over a specific period of time.
➡explain the various types of investment.
ans :- There are four main investment types, or asset classes, that you can choose from, each with distinct characteristics, risks and benefits.
Growth investments. ...
Shares. ...
Property. ...
Defensive investments. ...
Cash. ...
Fixed interest.
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