Mika
VIP Contributor
There is just one purpose of investment that is to grow your money. You invest money on some assets, and after sometimes, your assets gain value and you earn profits on your investment. However, investment does not always bring you profits. Sometimes it can also make you lose your money. That is the reason why a lot of people consider investment scary. You can of course lose money but if you make thoughtful investment, you might be able to get profits. Just by simply putting your money on less risky assets, you will be able to generate returns. Imagine putting $100 in a stock market with a 10 percent average annual return. You could earn $10 from your stocks just by letting your money grow! Of course, investment carries risks, but you also need to understand it's value to build wealth over time.
