One of the reasons many people fail, even sadly, at the investing game is because they play it without understanding the rules that govern it. It is an obvious truth that you cannot win the game if you break the rules. However, you must know the rules before you can avoid breaking them.
Another reason people fail to invest is because they play the game without understanding what it is all about. This is why it is important to unmask the meaning of the term ‘investment’. What is investment? Investments generate valuable income. It is very important that you pay attention to every word in the definition because they are important in understanding the true meaning of investing.
From the above definition, there are two main characteristics of an investment. Any holdings, holdings or property (yours) must meet both requirements before it can qualify for (or be called) an investment. … Read More