Denis says, I understand that operating activities are affected by changes in current asset and current liability

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Denis says, "I understand that operating activities are affected by changes in current asset and current liability accounts. I also know that trading investments are current assets and that the purchase and sale of trading investments are recorded as operating activities. What I don't understand is why the purchase and sale of investments that are not held for trading are usually classified as investing activities." Help Denis understand the classification of investments?
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Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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