sound investments Families spend a lifetime accumulating savings. These savings must be invested wisely to give the family good returns and ensure that the money is safe and available to them when they need it. Let us now discuss the principles underlying sound investments. (i) Safety of the principal amount: The principal itself has to be safe if it is to earn interest or dividends.
This principal is the most important Identify the various avenues of savings and investments that your family is making use of.