An asset or item that is purchased with the hope that it will generate income or appreciate in the future. 

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.

In finance, an investment is a monetary asset purchased with the idea that the asset will provide income in the future or appreciate and be sold at a higher price.

There are many areas in which a person may invest for e.g. managed funds, property, shares, term deposits, cash accounts to name a few.

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