Understanding Investment and Its Importance

What is Investment? Why should one invest? When to start Investing? What care should one take while investing?

The money you earn is partly spent and the rest saved for meeting future expenses.

Instead of keeping the savings idle you may like to use savings in order to get return

on it in the future. This is called Investment. One needs to invest to: earn return on your

idle resources generate a specified sum of money for a specific goal in life

make a provision for an uncertain future One of the important reasons why one

needs to invest wisely is to meet the cost of Inflation. Inflation is the rate at which the

cost of living increases. The cost of living is simply what it costs to buy the goods