o 3a Unit-1:IivestmentF

peft teos eb Dvestment:

ard Ronald T.
* Accoding w Parald
EFachut
Imestmont as, "An inestment
Jordan dehnl
n tre
a commdment oh tunds made
selarus-
Some posftiue ali o
expeckoHon of
ndwetaken,
propeely
t h e investmunt with h e
tommenswrali
wtl
the eluwwns
investvY abumes
olsk h e
BAmlig, "Te piotchase by
an
Accovding o
indlvdual o inbtfu tfonal investor of a

uo
4nanclal O ual asset trah psoduOs a
ovet
h propotion h the isk asumed
vestmenk ported
bome hulusn in

T roveald ha nestment
a Jelven
wndvttaken n the epectaHon o

whch proportfon t hhe yik he

in vesty asumo.
 :wlhat s Dnvekmank
Ouondng an a 5 e os aan
n
TO ovese means

tem with the goal ob genetalung c

the tnvestmenk os apprertoton ú a n
vom
Tnvosto may expec hl olton

hhara, tt benuft grom an Inekmat

5 caled a aelunn
og3r
Luhy should one nuot?
xEasen some oxha mony on hi all mary

eanetali a duived sum et manmey gos a s e

gceks-goals
Creali a back cp hoY any uncockain fule

.0bjecteves th Invetmonl:o
Main bljectfiue e any nesimert is the
The
mapimiSatian ot re econonic oelhal tf
GiAtru
inveskox n lorg unostt oeorg d
Welyare ot nvestov as eby
Marimsalion o his wealth
eauidly thored by the wealth.
 Tnvest ment etieckfues:

) Capital appretalton o
1) Sagcy

Hedpe agannt tatHon.

)Tar Planrurg
addetonal hcomt
*Roluotn: Expeckatton et an

hTug rst abt 20un2

fuliov)
CuUanun oh Roluwns (um aritcan gof

norease in krhe prie

capila aPRecialton:
value o aselz.

sup2 DReal Assels 7 FfrarclalAsselsshrck

Stck

CTangfbleEr
CTntarg ble>Shosas

o ataln Capltal Appreclaton, te nvetv must;

Rochase o properly at the snt Hme
nvost n qsooth stocks wheh may

appuctalian yalue oko u 3 alu

11 Satety atl qet 1oc soluors,
Thvestment gtues god otoluvers usutb owlalkal
Leto os no oúk at all s called bae
Envestmenb.
F9:Bank Savungs

1eaidety :Reody encashabflity

Tnvestor prehest investm enls ohich ctfo
hSgher 1lauldig
Souings Acount, MOry arket, told,
Cuwvency n bank, mutual furds z Pixed
dopostt. elc.

VHedge against Drtakon:

Hadge: A voay of protct onese againt fianeia

Joss
PrHakian: R& ln prics uth a fall in starded
bogarsto 9o5r
Neka seoks to invest in bueh asels
uwiich giue nim adequali olknsossq.
yi)Tort plannig a v roma2
his
the nvestri rom
Tntutest eaurtd by
nvestrmernt a katable nuoe
seawites

Dnwestro prefet to buy

tat fpae
on
mafmec thob cash ralusen
tn ovdes
investment
Sall h aopital
Shost-lsun copllal gains 7
assets hor lexs tran 36 montns Jniyoi

issily
eh nvoskmant s
d

Classiffeatton

fhanlal nvetmonk nluooy

D
1 Emomic vestmentul

nostmon2
Nhat are financal
addletonal neorme oto tan
We ae asc
an
A fhancal
nvosrmont
ase unlo witb the hope
h a you put money htb a
apprectake

wll groo
hat t
Sum oh moneg.
age
BSF (Borehay hek Belorge)
NSENtl, 4lbSendod ensPty irde
(NaFiord Shvek
Xchange)
 Tnvestmunk 7
Nhal s Fonomi
Fonomi innestmenk ae, b dofiniton.
ad dtfons to the caplal stocko eb a Cotpann
hibanclal Învostmernt EOnomie Dhvestrmornt.
Aotc hase franlal Pwrchase oh ary neuo o
et wsed captical gocds.
aseb onl
Pwtchaseoy noly creahe
Potchase o assels hor Capilal ocds
Pfnarcial gain
Speculoty oncorud about the bo

lthat is 8peculakn, mgvermnk arsth4pofu

SpeculakHen s he puwtchase eh an aset

will beume m o
hat t
Lohith he hope (7
uluoe.
Yaluable he nea

D i one tnabcaoilts
a high deg vee
on re
otsk chenein re buye tocuses
e
RPe Hiutuakon Ao
 Dhvestment and 8peulatfue dlherence:
Basis Tnvestment Speculatiu
Expectaton

Risk L2miad Hghr

Bn hadir
omg um 120 |Shot
Poucd eb hom oni da
time morhs
months. aeshom
D to me y

btarmburg: lakcing ot goinrg rmom

wth mae stisk
element o oiko
An act o nvoug
an

on may not be Jagal

May vfeoo
wtrout a
Putchosirg penanclal ases
2, utoi
eh
nveskTmento3o

ahsk.ØIfeHenceblo Speculatoss ard Ganblues,- nves

OS

SpecuwlakvrS and
Bams Thvestors. LGHamblis.
Motfue ot Tnvesto8 carhully bu Speculaton &gam birg
the buyer.Secuottes uhiuh ohhe inyolue hGh sikand
Sablg ob ptn enpectakon og high stea-
Jn sutin ovet lorg
tem
Speculats 2gamblevs
Naliaee ot obtici by hgh gde loo gaade SeauttHE
Secusfttos Secwt?tes buy
bought SpecuelvoS and gamblss

Feutdo An investr hobs hod secuwg fo

a

holdirgs. Loily hovalong Short wm

texm
 Fealucu& an tovestment Pcgomome
* Chwactoustc eh Dnv stment: v
Jagalily
&ahelg of Poinclpl
aukdelu and tollalotal valu
Stable Dnol
Capital GUrouwth a
Tan Dmpleafons
stabilly c Potchasdhg Pove

1)8ahety : ore and gru ronbat falen

A
Tvesto oho tonsidut bahelg as he majbr

obfecRue Hea loss o capal much han

mose than

e u n s .

nvestrment giues gocd

reluwns with Helatfialy
s callud sfe invegtment
LEtte o no isk at all
dado aank mns,estostfey pPAJ io

26ts33s