Investment is the best option to grow your income. start investing to grow your income and for high returns. Investment is the best option for generate new earning options.
what is investment?
Investment is the amount of money we invest in somewhere for high returns and grow money. Income and Investment is the totally different things. Income is the money you earn from your job or profit from any business.
Best investment plans in 2024
1. Share market: you can invest in share market with buy stocks. you should choose your stocks very carefully. first you have to study about stocks then invest in stocks. share market can beat inflation. In this high risk. but this investment beat inflation. returns should be 15% onwards.
2. Fixed deposits : fixed deposit (FD) account open in bank. first you have saving account bank then you can open FD account. on FD returns 5 to 7 % it can be different bank to bank or time to time. this investment is risk free. there is no risk.
3. Requiring deposit : This account also open in bank. if you have no money for fixed deposit then you should open requiring account RD. in this you can invest some amount every month from your salary. there is more interest rate than saving account. It is also risk free idea.
4. Bonds : you can invest your money in bonds. this can done from bank and also from demat account.
5. SIP : It is also done from demat account and bank. In this you can invest every month fixed amount. you can start SIP from 500 to maximum amount. there is rate of interest 10 to 15%
6. PPF : Public provident fund (PPF) this account also open from bank and rate to interest 5 to 7 % . in this you can deposit minimum 500 to maximum one lakh fifty thousand in a year.
7. Post office deposit : you also can invest in post offices. there is many schemes for long term investment. for this you have to open account in post office. this is also risk free investment.
8. Real estate : you can purchase land and sell after long time when give you better returns.
9. Dividend stocks : In stocks market some companies give dividend for their share holders. quarterly or annually. you can search these stocks and invest.
