Last updated: December 11th, 2017
What is an investment?
In financial terms, an investment is an asset that is expected to generate income or appreciate in value in the future. Simply put, an investment is a product that you put your money into expecting to make a profit.
For most of us who started working in the early 2000s or even earlier, probably our first investment would have been a bank fixed deposit or a LIC policy. While these traditional forms of investing still remain a favourite among many, there are other better investment alternatives which offer much superior returns; and many of us have moved on to such alternatives.
Let us have a look at the different types of investment options available to the average person.