Abstract
The essential nature of any investment is the forgoing of a capital sum in return for a regular income over a period of time. A person who has capital surplus to his immediate requirements may retain this for future contingencies. However, a better alternative would be to put his capital to work by investing it and enjoying a return of income, probably on an annual basis.
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© 1994 David Richmond
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Richmond, D. (1994). Principles and Sources of Investment. In: Introduction to Valuation. Macmillan Building and Surveying Series. Palgrave, London. https://doi.org/10.1007/978-1-349-13471-7_2
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DOI: https://doi.org/10.1007/978-1-349-13471-7_2
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-61484-6
Online ISBN: 978-1-349-13471-7
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