Investment is the allocation of resources, typically money, into assets or ventures with the expectation of generating a return or profit over time. It serves as a cornerstone of personal and economic growth, fueling capital formation and technological advancements. Investments can take various forms, including purchasing stocks, bonds, real estate, or even investing in education or skills development. The aim is often to achieve financial objectives such as retirement planning, wealth accumulation, or funding significant life events like education or home buying. However, it's important to note that all investments come with varying degrees of risk, and there is always the potential for both gains and losses. Therefore, effective investment strategies usually involve diversification, risk assessment, and a long-term perspective.