One of the reasons many people fail, even very woefully, in the game of investing is that they play it without understanding the rules that regulate it. Another reason people fail in investing is that they play the game without understanding what it is all about. This is why it is important to unmask the meaning of the term, ‘investment’. Understanding the true meaning of investment is unarguably the first step in excelling in your finances as an investor. This is the focus of this article.
