Investment is the money that is spent in hope of financial benefits in future. An investment is the act of creating or buying assets with expectation that the same would generate interest earnings, capital appreciation, return, or dividend which is profitable as against the money put in at first. Thus, while savings is a passive form of accumulating wealth, investments on the other hand grow wealth and build up money than what was invested originally.
The aim of investing money or asset is to ensure the money grows by investing in various financial avenues. You can minimize impact of taxes by investing in tax-saving investment tools. If you make intelligent and relevant investments for long-term or short-term, you can achieve distant financial goals.
There are several investment tools you can try out in India.
Thus, investment tools are great means to generate and grow wealth. There are several types of investment tools you can use to meet your financial purposes and goals.
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