There is a commonest speech, that is money makes more money. Usually, investment plans if you make it properly it will help you to attain your life goals if you choose them as per the financial plan you have.
Top 10 money investment ideas.
Depending on your short term or long-term financial goal, you should consider your financial milestones. Each and every investment will have a few advantages along with the disadvantages. There are best ideas which will help you to surely invest your money in safe.
1 . save in direct equity stocks.
One of the best investment options for aggressive investor are direct equity stocks. Direct equity stocks are known as the investing listed equity stocks of companies on the stock exchanges. You can get the capital with a lot of interest or divided returns from the direct stock investments. There are few factors for depending on the performance of stocks. The factor would be such as market positions, company’s performance, and others.
a). This investment option is one of the most volatile investments and it has a high risk return ratio.
b). It is the best option for a long term horizon.
You just need two things; one you should have a bank account, and another is Demat account to start the investment process. If you want to invest and make a lot of money in return from the stock investments consistently, you must have a high risk craving. You should understand Stock market and read all related information before investing.
2. Mutual funds of Equity.
Most of the people primarily invested for equity stocks and related securities in Equity mutual funds. These are one of the best and friendly investments options in India for the small investors, who try to benefit more from Equity market growth. You can start investing in well diversified portfolio stocks with Rs 500 or Rs 1000 a little through Equity mutual funds.
3. Make a high yield savings account.
A high yield savings account provides you with the interest on your cash balance. And just like a savings account at any of your bank, high yield online saving accounts are accessible vehicle for your cash.
A savings account is a good vehicle for those who has needed to access cash in the near future. These accounts are only for them, who can take risk about finance. The people, who want to avoid the risk, they would not get their money back.
4. Use public provident fund (PPF)
PPF is one of the most popular and best investment options in these days. It is one of the very safe investments options. The people who want to invest their money in funds. To achieve your long term goals you should choose best investment plan of 15 years plan. Generally, introduced as a safe retirement investment plan for the self employed, the plan has been popular for them as for long term investors. Because it provides-
- Tax efficiency!
You can claim a deduction under section 80C up to Rs. 1.5 lakhs. Also, the maturity valve is tax free.
- Liquidity
You can get the borrow from the accumulated corpus within the first 5 years of the total amount. You will be allowed to withdrawals a partial after 5 years of investment.
- Investment period
Investment period is minimum of 15 years. After the 15 year you can extend the account in batches of 5 years.
5. Fixed deposit of Bank
Bank fixed deposit is another popular investment pleasure in Indian market, that ensures the safety of your money and provides the stable returns. You can invest here a big sum of amount, and which will offer a fixed rate of interest for a specific term. When your term is over, you will receive the main principal with the compound interest added over the term.
6. Senior citizen savings scheme (SCSS)
Senior citizen savings scheme or SCSS is one of the best investments options for the senior citizen, which help investors to fulfil their retirement goals as it helps generate a stable income. It is a small investment scheme where you can invest a lump sum in this option when your age is turn at 60. You will be receiving a fixed interest after a particular period of time.
There is two ways to open SCSS account.
- Via post office you can open it
- Via bank you can open it.
It is a very popular and top listed investment option for senior citizens due to its guaranteed and attractive returns. The rate of the interest is subject to change quarterly.
7. unit linked Insurance plans
It is an insurance plan. A unit linked Insurance plan (ULIP) can be considered as an investment scheme as it provides insurance along with an avenue for investment. A part which is one of the premiums paid by the policy holder will go towards the life cover and the other part will go towards the funds chosen by the policy holder.
8. RBI bonds
RBI bonds are one of the safest investment options in India for the people of India. The Reserve Bank of India, i.c., RBI issues bonds to the public to raise money for the development of various government projects. These bonds have a lot of specific term. When the investment will mature the money will be returned with the full interest.
9. Buy Gold
In India gold is often seen as a go to investment option to keep future safe. But now a days by raising cost and making charge take the gold at the top price. But if you buy gold In these days, it will be profitable after few years. So, try to bye some gold and it will safe your money with profit.
10. National Pension Scheme (NPS)
NPS ( National Pension Scheme ) is a defined contribution based pension scheme, launched by the Indian government with few objects like
- To provide old age income
- Reasonable market based returns over the long run
- Extend old age security coverage to all citizens.
- Tax benefit.
These are the few ideas or options for investing your money. But you always remember to read all the related documents before investing your money anywhere. So, at first you make sure that it will be safe to invest , then you should invest, otherwise don’t.
