What is the purpose of investment? Investment is the best way to save money and to grow it big. Multiple investment options are available, however, every single plan is associated with some risks. Let us figure out the ideal investment options in this article.
Mutual funds: Investing in equity mutual funds is the best avenue in the present scenario. It gives a huge return of about 20% more than the principal in a decade. Investment is very simple and systematic and one can invest as little as 500 rupees per month.
Investing in Gold: Gold investment is the historic saving option available since ages. There has been a consistent increase in gold price all the years. Various schemes like gold deposits, gold mutual funds, gold bar investment are offered to the customers.
Real estate: The recent surge in the real estate industry is attributed to the Urbanization and rapid development. The Government has brought in a lot of regulatory measures to ensure ample safety while buying and selling land. Availability of easy home loans also contributes to the rise.
The company fixed deposit: It is different from normal bank fixed deposits in a way that it promises higher returns. But it comes with the risk of non-availability of insurance and withdrawal is possible only at the end of the maturity period. The Company fixed deposits are ideal for long-term investments. To learn more about it, visit the nearest bank or discuss with the financial advisor.
Recurring deposits: One can sign up in RD scheme in banks or in post offices. The maturity period varies between one year and five years depending on the plan. It provides wide interest options like monthly, yearly and cumulative interests. Higher returns are guaranteed in RD.
Equity shares: It is the most attractive investment option for a longer time period, say 5 to 10 years. The expected return is directly related to the associated risk. So, before investing in equities, one should analyze the trend, discuss with the tax advisor, and understand the requirements.
Online Trading: The growing popularity of online trading has drawn a lot of customers who invest in stocks, shares, and Cryptocurrencies. Various trading bots like FOREX, Bitcoin Trader simplifies the investment and guides the traders throughout the process for saver transactions.
Investments come with risks and returns. Knowledge to analyze things, tolerance, acceptable risks, time frame are the factors taken into account while choosing an investment scheme.