Investment means making a one-time purchase of a item that does not need to be replaced regularly: land, securities, etc.What is your source for this definition?The American Heritage Dictionary defines investment as:"1. An act of investing 2. An amount invested 3. Property or another possession acquired for the future income or benefit 4. Investiture 5. A garment; vestment"It defines invest as:"1. To commit (money or capital)in order to gain profit or interest 2. To spend or utilize for future advantage or benefit 3. To inaugurate with ceremony"No where does your definition appear.As stated in my previous post on this subject. By the strictest interpretation of the definitions a TV, VCR, car, truck and computers all are investments (investment #3, invest #2) We all have a tendency to think we know what the right answer is but until we look it up, or research it we are happy to spill our beliefs on others.
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