Top 5 best ways to Invest Your Money

 Top 5 Best Ways To Invest Your Money 



Do you even just save your money and let inflation grab all of it. If YES, then rather saving your money make it work for you. Turn your money into a money making machine and grow your wealth with these simple ideas.


1.  Stock Market 

Why: If you are a risk taker then you should definitely go for Stock Market for investment purposes being that it has been historically best for high long term returns.

How: Invest in equity stocks or index funds ( like Nifty 50 & S&P 500 ).

Risk: Medium to High, needs a bit professional knowledge. 


2. Real Estate 

Why: Due to the growing population as well as growth in Trade and Commerce, the Real Estate sector will experience a significant growth too. It offers capital appreciation and rental income to it’s investors.

How: Buy residential/commercial properties and rent them or you can also go for investment via RIETs ( Real Estate Investment Trust).

Risk: Low and Medium, needs very high investment and has low liquidity.


3. Mutual Funds 

Why: Low effort, diversified and does not need any type of professional knowledge.

How: Start monthly SIPs ( Systemic Investment Plan) in equity or hybrid mutual funds.

Risk: Low to Medium, varies according to the type of funds.


4. Public Provident Funds (PPF)

Why: Good for long term usually for retirement plans and is backed by the government. It’s main feature is that it is tax-free i.e one has to pay no tax on the interest earned by PPFs.

How: Open an account in a bank or post office and invest for 15 years or more.

Risk: Very less risk, best for retirement plans and safe creation of wealth.


5. Fixed Deposits 

Why: The safest type of investment with guaranteed returns with flexible tenure option. This type of investment is mostly used for monthly interests.

How: Deposit a lump sum of money once in a bank or NBFC for a fixed period and earn interest on the money.

Risk: Negligible may have to pay penalty if money is withdrawn before Maturity.



DisclaimerAll the financial tips, investing information and money making ideas are based on Growwmore’s personal analysis and advice. Growwmore advises to check with their personal financial advisors and experts before taking any financial decision. Growwmore is not responsible for any losses from the use of this content.


 


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