Best Investment Plans: Everyone wants their future to be secure and they don’t have to face any financial problem. It is very important to save the daughter of a middle class family to avoid financial problems. Many people only save their money so that they remain stable. But if those money is invested, it is much better. In today’s time, everyone has a number of options in which they can invest very little and collect good money. So let’s see the 4 investment options that you can make a millionaire.
Invest in RD (Recurring Deposits)
Rd Skim (Recurring Deposit) is also a great option if you want a safe investment. A huge amount can be generated by investing only Rs. 100 per day under RD. The maximum maturity period of RD is up to 10 years. In recurring deposit, customers get an advice interest ranging from 3 per cent to 9 per cent. It is considered to be a good option to get the best interest like fixed deposit (FD).
Invest in PPF (Public Provident Fund)
In terms of investments and savings, people still rely more on post office than private companies. Ppf receives an interest of 7.1 per cent annually. PPF (Public Provident Fund) has maturity of up to 15 years. The person can invest at least 500 and more than 1.5 lakh rupees a year. Money can also be deposited in 12 instalments in this skim. 1000 in PPF for 15 years monthly, the unmount will be 3, 25457.
Invest in the stock market
The stock market is not considered safe by many people, but if investments are made for a long time with a good knowledge, the stock market is the best option. The stock market can be 1000 rupees per month. Long-term investment with a trustworthy company is the best option. Invest in companies that are making good growth, and whose shares are currently priced below Rs 1000. Get information about the company before buying the share.
Invest in Mutual Funds
Mutual Funds like Stock Market is also a good option if you want to get a good return. Mutual Funds are invested in one area by combining a large number of people' s investments. The profit that he has is returned to those people. But mutual funds are also a little risky like the stock market. But if invested wisely, it can get good returns. Mutual funds can be invested in the month from Rs 500.
Source: newsraja.news
