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Investing money for profit at a later date. An example investing £10,000 into a savings that pays 0.5% interest monthly (set interest rate) - you will gain 4.17 pound a month in profit. Other investments include Bitcoin and real estate etc.
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Investment is something that can help you in future.
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There are a number of different types of investment available in the market. People invest their money in gold, share market, property, international funds, Australian funds management and many more things. As everyone wants to secure their future, So before investing anywhere one should take advice from experts belonging from the same field.
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According to my perspective to buy something and which have good return is investment.
I prefer to invest in long term investment for my better future like asx penny stocks, gold stocks, lithium mining stocks, ETF, Mutual funds etc.
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In an economic sense, an investment is the purchase of goods that are not consumed today but are used in the future to create wealth.
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If you've acquired a lump sum, through earnings, inheritance, or redundancy, there are lots of options available to you. You can spend the money, or save it for a future expenditure. You can also decide to grow this lump sum, by placing it in an investment bond. Depending on the type of fund you invest in and the level of risk you're prepared to take, you can see your capital grow over a period of time
