The festival of lights brings along joys, happiness and prosperity and it’s the time of the year when investors prefer to invest in gold, real estate or in financial products.
If you are wondering where to invest your finances, this Diwali here are a few investment instruments that can help you earn good with good returns.
Gold is one of those precious metals where investors prefer investing in, but, choosing a right instruments to invest in gold is important as well.
Sovereign Gold Bonds (SGB) is one of the best option to invest in Gold. The benefits include, consistent interest with holding DMAT account like shares. You may choose SGB, gold EFT’s or in mutual funds for a better market returns. Besides, investing in digital gold is considered a sensible decision.
The next item people prefer investing is Silver. The only drawback in this is it doesn’t provide as good returns as Gold.
If you are looking for long term investment perspective, the equity market is a good option. If you are an investor with a good understanding of the stock market, you may invest money in direct shares, else you may invest through equity mutual funds.
If you are planning for an investment with a stable return, Debt funds is a good option. It is a great option if you are closer to retirement or you want to invest for a short period.
FD’s are another great way to invest your finances at a lower risk. It is proven handy especially in financial emergency.
Points to remember while you invest:
1. Be transparent and not biased while you invest.
2. Plan to invest in multiple assets rather in one .
3.diversify your investment plans based on your short and long-term goals.
Happy Investing!