Investment is an asset acquired or invested in to build wealth from earned and saved money to enable monetary appreciation. Investment is primarily made to obtain an additional source of income or gain profit from the investment over a specific period of time.
Investments gives us the choice of moving from earning active Income to a creating passive income. This can help us in many ways. Eg. Retiring early; can allow us to follow our passions; enable us to enjoy our retired years; enable us to support our children better etc.
Few tips to qualify a good investment would be to check for –
A strong reason for anyone to consider starting investments is to convert active income to passive income. As the taxes on passive incomes are usually lower and as we age it would not be possible for us to put as much efforts as we could in our younger days to generate active income.
Investments can be made in various types of asset classes, eg. physical & financial
Physical – Property / Plant & Machinery / Business
Financial – Fixed Deposits / Mutual Funds / Shares / Debentures / Annuities
Our focus at LMN Financial Services is to share benefits and options available among financial assets.
C/163 Amar Gian Industrial Estate, L.B.S. Marg,
Opp. S T Workshop, Khopat, Thane (W) - 400601
9820496756
022-25479963 / 62
LMN Financial Services © 2021