Investment Ideas | I will start my article to wishing everyone A Happy Dhanteras and Happy Diwali.
Investing becomes more important when you choose the proper assets that can grow and provide wealth for you in the long run, which is a common association for Indians with festivals. There are lots of financial opportunities throughout the holiday season. Customers can take advantage of several promotions and discounts. To diversify your financial portfolio throughout the holiday season, you can think about investing here before Dhanteras and Diwali.
Purchasing gold and silver around Dhanteras and Diwali has always been customary. A wise choice if you want to invest in gold is to buy digital gold. For market-linked returns, you can pick from gold mutual funds, gold exchange-traded funds, and sovereign gold bonds (SGBs). In addition to capital growth, SGBs can provide nominal value-based yearly interest at a fixed rate of 2.50 percent per year, paid semi-annually. These Bonds may also be used as collateral for loans.
According to sources, during the past 20 years (March 2001-2020), the Nifty has returned 15.23% CAGR, while gold has returned 12.52% and FDs have returned an average of 7.1%. Equity provides a wealth of alternatives for investing and investment growth. With a little initial investment, investors can diversify their portfolios by purchasing shares of small, midsize, and large companies, or they can purchase index funds that enable them to purchase all companies through a single fund.
A Systematic Investment Plan (SIP) is one of the better options offered by mutual fund firms for people who want to grow their money gradually. You can make a lump-sum or monthly investment of a predetermined amount in a mutual fund programme. SIPs have provided significantly better returns than FDs and other comparable products if you stay invested and give it time. To make your investment grow, you should invest in the correct product and wait at least three to five years. Investment returns have been 8–10% on average.
Investment in Real Estates
During the holiday season, a lot of real estate developers provide prospective buyers of properties steep discounts. This time, you could want to think about purchasing real estate to save a lot of money. In addition to receiving bids from real estate developers, obtaining bank loans entitles you to discounts and other advantages. Real estate is a reliable asset that you can always rely on during bad times, whether for your own use or as an investment. Real estate provides both price appreciation and rental revenue.
Fixed Deposits
There are fixed deposits available if you want the guarantee of secure returns. Currently, large banks are providing interest rates on some tenures that are over 6% to 6.75%. A number of local banks are providing deposits at 7.25 to 7.75%. For larger yields, corporate fixed deposits may also be taken into account. Although return rates are pretty low compare the above discuss investment ideas but FD is always safe and secure for those who wants piece of mind instead of markets up-downs.
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Disclaimer: The content is for informational purposes only, may include the author’s personal opinion. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.
