Money Outlined

Why Investment Is Important: A Comprehensive Study

Investment refers to acquiring assets with the intention of generating income or appreciation in value over time.

Objectives of investment include safeguarding money, increasing savings, providing for emergencies and retirement, saving on taxes, and funding bigger life goals.

Investments are important as they offer a source of passive income, financial independence

Investments can be categorized into owner's equity, lending, and money market participation

To start investing, it's crucial to conduct research, create a financial plan