Question

Linda, who is now age 65, once purchased several townhomes near a local university at age 45. what kind of income is linda making with the purchase of these properties?

Answer 1

Linda is making investments with these kinds of purchase.

What is an investmen?

• Assets purchased or invested in with the intention of boosting wealth and allocating money from wages or capital gains are referred to as investments.
• The main goal of an investment is to produce extra income or profit over a specific time period.
• Investing is a smart way to put your money to work and could make you richer. If you make smart investing choices, your money may increase in value and outpace inflation.
• The key causes of investment's greater growth potential are the strength of recurrence and the trade-off involving risk and return.

Buying an item at a bargain and then selling it for more money is the simplest way to comprehend how investing works.

The term for this kind of investment return is.

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