Investment refers to the allocation of resources, usually money, into an asset or project with the expectation of generating a profit or income over time. This can involve purchasing stocks, bonds, real estate, or investing in businesses or projects. The primary goal of investment is to grow wealth and increase future cash flow. Investments can vary widely in terms of risk and return, with some being more stable and predictable, while others may offer higher potential returns but come with greater risks. Ultimately, investment is a key component of financial planning and economic growth, as it helps to fund ventures that can lead to innovation and development.
Amir Reza-Tofighi, the new leader of the Confederation of Small and Medium-Sized Enterprises, proposes adding an extra work hour weekly, dedicated to retirement savings. The extra hour is invested in…