The word “investment” gets tossed around a lot. Just about anything can be called an investment these days. The definition of an investment is the purchase of something with the expectation of favourable future returns. We tend to think about financial returns when we talk about investments. But, even if there is not a reasonable expectation of a financial return, we often still describe a purchase as an “investment.” Here are three things that may not actually be investments — even though we talk about them as such...Read More
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