What Is Investing?
IN% ESTING IS USING MONEY for the primary purpose of making
more money. Investing is also using money to bo{~st income ~)r t~)
increase capital. Every person who has ever made an investment
does so for one or more of the above reasons.
These reasons have existed from the beginning of time. It is
both interesting and amusing to look up the word ml，est in a
fifty-year-old dictionary or thesaurus. I found adages as ()ld-
fashioned as \"to feather one s nest，\" admonitions such as \"t~)
guard against，\" and definitions as enduring as \"save to fall back
upon\" or \"prepare and provide for.\"
You ll note that none of these phrases even hint that there s
anything to be gained by keeping your money under the
mattress or burying it in a pot in the backTard. Hidden money
doesn t earn interest. Entombed money doesn t work for v~u.
，# ，，\"
Investors hundreds of years ago knew that. The need f{)r
investing has existed since the stone age. Only the tools， the
materials， and the mechanisms have changed over the centuries.
Money matters currently seem to come into focus for most
women twice a year: December and April.
In December you realize the fiscal and calendar year is
drawing to a close. Before the new year， you might make a pass at
trying to get your financial affairs in order.
Come April 15， you have to pay the Internal Revenue
Service~and perhaps pay even more than you had anticipated
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