Earning money is always challenging but saving the same money is an even tougher job to do. The same fact is well quoted by the saying ‘ Money has wings’. However tight we hold the money; it is going to slip through the gaps between your fingers. The only way to get a catch on the ever-slipping money is to invest it for good returns. It is only money which has the capability of attracting more money. The best way to make your money work for you is the investment.
Why Should Money Be Invested?
Investing one’s idle money is always appreciated as a good financial decision. Money investment is very important to multiply your saved money and increase your financial worth. Investing money makes your money grow at a faster pace. A good return on investment can be used for retirement as well as to start or spread one’s own business. Everyone has some financial goals which he/she wants to fulfil by a certain age. With an investment which has been started long before, one can achieve those milestones without any difficulty.
Best places for money investment
It has been a general concern for many people that where to invest for getting the best ROI (Return on Investment). Though every investor small or big invests their hard earned money for best returns, there are risks too. If an investment is done without much research on it, one may have to face a loss. Here we have listed out 5 best investments where the potentiality of gaining profit is more.
MUTUAL FUNDS: Mutual funds are one of the safest ways of investment with a high return. A mutual fund collects money from all kinds of investors and invests the money on their behalf. Mutual funds are handled by money managers, who are expert at market fluctuations. As there are experts to handle the invested money, the one with least knowledge on the market can also do the investment. Mutual funds are best for the beginners as one just has to find the top performing mutual fund and start investing with them.
STOCKS: Stocks are also known as “assets” and this investment is very popular among the well-to-do society. Stocks can bring high returns or there are chances even to collapse your principal amount. Investing in the stock market is more or less like a hit and miss type of thing. If an investor invests in the best stocks, he will be rewarded with good returns. Investing in stocks has no hidden charges and one can easily sell or buy stocks whenever he feels it necessary. But the thing to consider is the higher risk of investment. An investor can only invest but he cannot interfere in the decisions of the company whose stock he has bought. Hence a wrong decision taken by the company can bring a loss to the company itself as well as to the investor.
GOLD: Gold has been considered as a way of investment since time immemorial. The same gold is one of the favourite investments from the investors around the globe. The investment on gold is done in two ways. First is in the form of ornaments and the other is gold coins and gold bricks. Some people prefer gold ornaments as they feel that their investment is in use and others buy gold coins and bricks to have the solid form of gold. Gold is one of the best forms of investment as the market price of gold is constantly high for the last a few years. Moreover, having invested in gold one can liquidate the same at any corner of the world. However one has to keep in consideration that the high returns on gold investment take a long time to come as compared to other investments.
BONDS: Bonds are one of the best ways to invest as they provide security to the investor to some extent. Bonds are issued by different businesses as well as by the Government itself. These bonds are issued to collect investments from the investor who buys them. Again the profit on the bond comes in two different ways. Some bonds give regular interest in every month while some others give out the principal along with the interest at the maturity of the bond. Investing in bonds is very easy as they are easy to buy and these are suitable for all age groups.
REAL ESTATE: Real estate is such a sector of investment which is too big to face a loss. This is one of the wisest decisions that can be taken on investment. Investing in real estate starts fetching returns from the next day of investment. One can rent the property and can earn a good amount regularly. Moreover, owning a real estate gives a kind of security too. The prices of the real estate are certain to be appreciated within a few years and it is sure to bring high returns.
Amrita Agarwal 