Investment means putting some thing, often money to any things such as, shares, funds, businesses that will return some profit or interest in future. Many of us confuse investment with saving, however there is a clear difference between saving and investment.
Individuals build a corpus for various purposes like child’s education, buying a house and child’s marriage, among others. However, when it comes to accumulating a corpus for medical emergencies, individuals are not as proactive. With avenues like medical insurance on hand, individuals believe that having a medical insurance will suffice all their medical expenses. However, the reality is far from this.