Investments
In general, to invest is to distribute money in the expectation of some benefit in the future – for example, investment in durable goods, in real estate by the service industry, in factories for manufacturing, in product development, and in research and development. However, this article focuses specifically on investment in financial assets.
In finance, the benefit from investment is called a return. The return may consist of a profit from the sale of property or an investment, or investment income including dividends, interests, rental income etc., or a combination of the two. The projected economic return is the appropriately discounted value of the future returns.
Investors generally expect higher returns from riskier investments. When we make a low risk investment, the return is also generally low.
Investors, particularly novices, are often advised to adopt a particular investment strategy and diversify their portfolio. Diversification has the statistical effect of reducing overall risk.
Phoenixville
Phoenixville is a borough in Chester County, Pennsylvania, United States, 28 miles (45 km) northwest of Philadelphia, at the junction of French Creek with the Schuylkill River. It is located in the Philadelphia Metro Area. The population is 16,440 as of the 2010 Census.[3]
Originally called Manavon, Phoenixville was settled in 1732 and incorporated as a borough in 1849. In its industrial heyday early in the twentieth century, it was an important manufacturing center and it was the site of great iron and steel mills such as the Phoenix Iron Works, boiler works, silk mill, underwear and hosiery factories, a match factory, and the famous (and now highly collectible) Etruscan majolica pottery. Like many American towns and cities, Phoenixville owes its growth to its waterways. It is not only situated on the broad Schuylkill River, a historic thoroughfare to Native Americans and early settlers alike, but it is bisected by the fast-flowing French Creek, which was quickly harnessed for water power.
Much of this history was recognized by the creation of the Phoenixville Historic District, the largest National Register of Historic Places site in Chester County. The Black Rock Bridge, Gay Street School, and Schuylkill Navigation Canal, Oakes Reach Section are also listed on the National Register of Historic Places.[4]