One of the most pressing concerns for the economics of the developing world is the need for mobilizing domestic financial resources. Investment means putting our money to work earn more money. Investing even a small amount can produce considerable rewards over the long term. But we need to make decisions of how much to invest and where to invest. To choose , we need to known the investment options thoroughly, and their relative risk exposures. Investment planning in necessary to all individuals to ahieve the financial goals. People should plan their investment to fulfill major needs like financial production carrier building asset purchase, marriage children’s education, retirement funding etc. Saving is the excess of income over consumption expenditure. Saving are meant to meet contingencies and raise standard of living of individual secures. Domestic savings play an important role in bringing about economic development of backward countries.
Article Details
Unique Paper ID: 158712
Publication Volume & Issue: Volume 9, Issue 10
Page(s): 521 - 524
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