There are a plethora of investment options available to individuals and families. While insurance covers many of the risks associated with life, growth of capital and wealth is also desired. Some investment options carry higher risk and may provide for greater returns. Others carry low or no risk at all and still offer handsome returns. Investing in low-risk areas is also almost essential for senior citizens, youngsters, and others for whom the value of money is quite high. For instance, senior citizens may not assume a job role in the later stages of life and any investment should bring to them sure shot results. Families who wish to invest for child education or purchase of a home should also so try to make an investment in areas that carry low risk. Here are some investment options that you can use to get reliable returns over a period of time.
Fixed Deposits The fixed deposits high returns are free from any kind of risk, and you can make a one-time investment or keep investing over extended periods of time each month. The returns you get may start from around 6.5% to 9%. Leading banks and nonbanking financial institution companies in India including Bajaj Finserv have for you a compounded interest rate of 8.5%, as fixed deposit returns, which is quite high. ​Gold While gold was one of the best investment options at some point in time now stocks and real estate offer better returns. Because there is no taxation, gold investments are more attractive to some people. But remember that physical gold and its safekeeping may require the charges associated with lockers and banks. Stocks Stalks can offer phenomenal results and returns, but you should invest for a long period of time and after carefully analysing and evaluating the company. When you want to build wealth in the long run, you should not indulge in trading your shares on a day to day basis. Mutual funds also have a variety of options, including the debt and equity mutual funds which have a varying degree of risks. But in the long run (say 15 to 20 years) all of these, turn to be a low-risk investment.
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About Author:Aman is working in the domain of Investment management in one of the top universities. He has published research papers and case studies in Investment and Fixed Deposit marketplace. He is an avid blogger in the domain of Investment management. you can also find him on social networking platforms. Archives
August 2022
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