Investing your money into something worth and profitable is the first step of becoming an investor.
Let’s look at some of the popular, trusted, and best investment options in India:
POPULAR INVESTMENT OPTIONS IN INDIA
1) Savings Account:
Having a savings account is one of the simplest forms of investment in the country. It is one of the time-tested and traditional options for savings and investments in India. However, your earnings will be at a bare minimum. Though it is a very safe bet, this low-income yield somehow discourages most investors.
2) Equity Stocks:
Stocks are now the face of investment everywhere. An equity stock is a part or share of ownership of a particular company. This fractional share makes you a part-owner of that particular company, which makes you an essential part of its profits and losses.
The investors anticipate the rise and fall of the share prices and therefore, buy or sell them accordingly for profit. This act of prediction depends on various factors like the goodwill, productivity, and reliability of the company and this makes Investing in Equity shares so engaging, which makes it one of the best investment options in India.
3) Mutual Funds:
Everyone is familiar with mutual funds these days. Mutual Funds are a collection of investment funds that are pooled together and professionally managed. Investors purchase a part of these funds at a fixed rate and, more often than not, are priced at convenient lower ranges. And is one of the best medium risk investment options in India.
4) Real Estate:
Real Estate is known as one of the best long-term investment options in India. Being the fastest growing nation in terms of both development and population, the property prices and value have increased and how. Real estate investments are rock-solid and the safest type of investment in the world. The future valuation of the properties you own, however, depends upon your choices in a particular property.
5) Fixed Deposit:
Fixed deposits are known as one of the safest and solid investment options in India. The money invested will be inoperable for a fixed tenure and if the investor wants to break the deposit, he or she has to pay a fee or penalty. It is best for long term investments and has other benefits too apart from the interest rates.
Bank Fixed Deposits can help you gain income tax benefits and also avail various types of loans from the bank
Gold is definitely one of the most popular forms of investment options in India, especially the families and women. Gold is the medium upon which most of the countries around the world have based their economic stability. Gold, along with real estate, is some of the safest, especially if at all the currency standard goes defunct one day.
Insurances are not simply a cover for your life and properties but it is to invest and earn. Besides Life Insurance, there are other types of Insurance policies like ULIPs or Unit Linked Insurance Policies etc. These will invest the money you deposited into various market-linked assets such as funds or bonds and help you earn more.
What is your favourite mode of investment? Share your experience in the comments.