Investment Account
Investment Account Meaning:
In investment terminology, the term Investment Account refers to a type of financial account that contains a deposit of funds and/or securities that is held at a financial institution. The typical objectives of an Investment Account are to achieve long term growth, income or capital preservation from the deposited asset portfolio.
In investment terminology, the term Investment Account refers to a type of financial account that contains a deposit of funds and/or securities that is held at a financial institution. The typical objectives of an Investment Account are to achieve long term growth, income or capital preservation from the deposited asset portfolio.
For example, an Investment Account might be used by an individual to set assets like stocks and bonds aside to provide them with income during their retirement that will supplement whatever pension(s) they might receive and provide them with a higher standard of living. An Investment Account might also be useful to a parent wishing to save money for their child’s education, or to a newlywed couple wanting to put together a down payment for a house. In general, the purpose of opening and operating most Investment Accounts is usually based upon longer term financial planning goals.