Saving and Investment
In normal human life everyone earns to fulfill
his personal and family members daily needs. If someone earning sufficient on
daily or monthly basis, still he needs to save some money on daily/ monthly
basis for unforeseen / planned future events/circumstances/ requirements occurs
in everyone’s life. These events/requirements can be such as a marriage of
sun/daughter, Higher education, purchase of house property or car or jewelry,
accident, world or local tour etc..
Saving money is Important and today while
inflation is increasing globally day by day, finding best way to upkeep the
value of your saving is also important. To maintain & increase the value of
your saved money different choices are available in markets. These choices are
different types of saving / investment instruments. Some of these instruments are
safe but low rewarding and some are from high risk high gain category. We
divided different investment options as followed:
|
No Risk (Safe) |
Low Risk
|
High Risk
|
|
Saving Account in a Bank |
Mutual Funds (Specially Debt and balanced
Mutual Funds) |
Day Trading in Stock Market |
|
Recurring Deposits in Banks/ Post Office |
Portfolio Investment
|
Mutual Funds (Equity) |
|
Fixed Deposits in Banks/ NBFCs
|
ULIP (Unit Linked Insurance Plans) |
Currency Trading |
|
PPF ( Public Provident Fund) |
Real Estate or Property |
Commodity Trading |
|
NPS ( National Pension Scheme) |
Direct Investment in Stock Market (SIP
mode) |
Crypto currencies (Bitcoin etc.) |
|
NSC ( National Saving Certificates) |
|
Venture Capital |
|
PMVVY (Pradhan Mantri Vaya Vandana Yojana
) |
|
High Yield Bonds |
|
POMIS(Post Office Monthly Income Scheme) |
|
|
|
Govt. Bonds |
|
|
|
Gold |
|
|
