What are the General Goals and Benefits of Investment?

[Suba]

Investing is an activity that involves saving or placing funds/assets for a specific period of time with the aim of increasing the asset's value or generating capital gains. Investment goals vary depending on the investor's motivation and risk profile. Broadly speaking, there are various general investment goals, such as:
1. Generating Profits and Increasing Wealth
2. Preserving the Value of Money and Combating Inflation
3. Generating a Steady Income and Guaranteeing Financial Security
4. Securing Wealth and Portfolio Diversification
5. Preparing for Retirement

Do you have other investment goals besides those mentioned above?

 

[Kera]

One of the goals of investment is giving a person a financial safety net to fall back to in the future.

 

[SilverLance]

Investing in things that usually do well when the economy crashes (like gold or certain currencies) to balance out losses when regular investments drop.

 

[Augusta]

I think the main goals are usually potential for higher returns, diversification, and building long-term wealth could help.

 

[Starmix]

When I first invested, I never thought about what to do with my investment. I was carried away by my friends. However, after some years of investing, I realized that I needed it to live on financial freedom once I grow old.