What is an Investment?

The video tutorial introduces the concept of investment, explaining it as a way to grow money. It starts with a personal story about earning pocket money and the suggestion to invest it. The tutorial covers opening a savings account to earn interest, understanding stocks and the stock market, and investing in property. It concludes with the idea that investing requires spending money to make more, highlighting the challenges and opportunities in different investment methods.

What is the basic idea behind investment as introduced in the video?

• Spending money on luxury items

• Saving money under a mattress

• Donating money to charity

• Making more money

How does a savings account help your money grow?

• By allowing unlimited withdrawals

• By earning interest

• By keeping it safe from theft

• By charging you fees

What is a key feature of stocks or shares?

• They are physical items you can hold

• They represent ownership in a company

• They are guaranteed to make money

• They are only available in local markets

What is a potential risk of investing in stocks?

• They expire after a year

• Guaranteed loss of money

• No possibility of selling them

• The company may not perform well

What is one way people invest in property?

• By purchasing and renting it out

• By buying and living in it

• By demolishing it

• By using it as a storage space

What is a benefit of renovating a property before selling?

• It decreases the property's value

• It makes the property harder to sell

• It guarantees a quick sale

• It increases the property's value

What is a responsibility of a property owner who rents out their property?

• Selling the property immediately

• Maintaining the property

• Paying the tenant's bills

• Living in the property