The money invested for the long-term period is to restrain the retirement life happily, along with incurring the fixed income from the investments made in the long-term plans.
An investment is defined as the allocation of assets in such ways that the value of the assets increases and appreciates over time.
The only reason people tie up money for long-term investments is to have a safe retirement life.
Long-term investment plans and those governed by Section 401(k) retirement accounts are safer and better for employees and employers who show contributions in the retirement accounts.
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Answer:
Long-term investments tie up money for
✔ more than one year
.
One reason why individuals focus on long-term investments is to
✔ save for their retirement
.
A(n)
✔ 401(k)
allows both employees and employers to contribute to a retirement account.
Explanation:
