At some point in your life, you’ve probably heard someone say that they don’t care about money; You may have said so yourself. While this sentiment sounds great in theory, the reality – for better or worse – is that you shouldn’t underestimate the importance of money. On this page: Why do we need money?Wealth GainsMoney …
Saving money helps you navigate difficult situations, meet financial obligations and build wealth. The importance of saving money cannot be understated. In fact, with many proven benefits, saving money is one of the best financial habits you can adopt. But, if saving money isn’t easy for you or you just don’t see the point, it’s natural …
Meaning of investment Investment refers to the instrument that people use to allocate their funds for the purpose of generating income. It is the way in which profits are created by deploying ideal false resources into financial assets. Investment means the purchase of assets by people not only for immediate consumption but also for future …
Investments: Characteristics, Features and Importance, Objectives Read More »
I can summarize my message by recalling the famous advice of Will Rogers. “Don’t gamble,” he said. “Buy some good stock. Hold it until it goes up… and then sell it. If it doesn’t grow, don’t buy it!” There is as much wisdom as humor in this remark. Success in the stock market is based on the principle of …
While the concept of investing has existed for thousands of years, investing in its current form can trace its roots to the period between the 17th and 18th centuries, when the development of the first public markets connected investors to investment opportunities. The Amsterdam Stock Exchange was founded in 1787, followed by the New York …
What is investment? Investment, broadly speaking, is putting money to work in some kind of project or activity for a period of time to generate a positive return. It is the act of allocating resources, usually capital (i.e. money), with the expectation of generating income, profit or gain. A person can invest in many types …