ABSTRACT
Investment usually means the acquisition of assets by the investor with the view of satisfactory returns in the future. The capital committed to the acquisition of assets and the expected returns are exposed to risk. Generally the greater the exposure to risk, the higher will be the rate of return expected by the investor as a reward for bearing the risks involved. There is a variety of different types of asset from which the investor may choose in order to achieve his objectives. The main asset types available to the investor are cash assets, financial assets and real assets. The selection criterion of individual assets from these asset types is based on the provision of an adequate rate of return at an acceptable level of risk exposure.
