Investing
Investing
Meaning:
- An act of laying out your 'money saved' for productive use with an expectation of earning return more than inflation to preserve purchasing power of money
- A process of making your 'money saved' work for you (instead of simply stacking in your vault / bank locker or under the mattress)
Advantages of Investing
- Can grow your savings
- Helps your money work for you since it is put to productive use
- Can help in countering inflation and maintain purchasing power of money (You see, as money tends to lose its value over time due to inflation - which eats into your hard earned savings - you can counter the inflation bug by investing and maintain the purchasing power of money for your future)
- You can achieve your financial goals in life (...which could be...buying a dream home, a car, taking care of children's education needs, their marriage and your retirement amongst a host of others)
- Helps wealth creation
- Provides a sense of financial security
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