expectation of getting returns in due course
of time. Making an investment requires an
individual or organisation to choose from
among a whole gamut of investment options
such as a pension fund, mutual funds, fixed
income securities, etc.
person gives money specifically for the mere
chance of receiving more money. A person
putting all his money in a horse race or
casino is referred to as gambling.
being particularly strong for gambling.
However, gambling differs from investment
on many different attributes and should be
seen as conceptually distinct. Let us look into
some of the characteristics of investment
which makes it different.