Now let get to know the meaning of investment because some people don't actually know what investment is all about and the meaning.
INVESTMENT;
Now investment is said to be a dedicated asset or is a purpose of goods that are not consumed now but are used in the future and also generate income or gain profile, and for you to understand it better, it's just an act of putting money or effort into something to make a profit or get an advantage of it, that's all about investment.
Now let see the types of investment ;
1. STUCK
It's helps to earn intrest
2. BONDS
it is a face value upon maturity, it simply means lending your money to company or government at which you received interest.
3. ULIP
this means United Linked insurance plan, and it is an investment that provide both investment and life insurance benefits.
4. MUTUAL FUNDS
It's a funds that are collected from different investors and put in an institution or company bonds and are been managed by fund manager.
5. PUBLIC PROVIDENT FUND
This is a government offered Saving scheme that invest your funds for a specific period of and helps you earn returns on the same time.
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