Investment refers to the allocation of resources, typically money, in order to generate income or profit. This can involve purchasing assets such as stocks, bonds, real estate, or businesses with the expectation that these assets will appreciate in value or yield returns over time. The primary goal of investment is to grow wealth or provide income, and it is often considered a critical component of personal finance and economic growth. Investments can vary in risk and return, with different types of assets carrying different levels of potential reward and the possibility of losses. Investing can be done by individuals, institutions, or governments, and it is influenced by factors such as economic conditions, interest rates, and market trends.
Nationwide Building Society offers a Fairer Share Payment scheme, providing cash rewards to members. In recent years, payouts increased significantly, reaching £385 million for loyal members. To qualify, members should…