So you have some money sitting in your account and you are thinking about where to invest? Well, don’t we all think that? And now is the stage when you probably started to wonder how many options are available, how do you know which one is best for you. If you think there is anything with less risk and more return then let me burst the bubble for you, no such thing exists. Because there is one general rule in investing, the higher the risk, and the higher the return. So if you want to put your money in something safe and want to keep earning steadily from it, there are some safer options for you with less return. However, if you want to earn big time, you have to explore some other options which can be comparatively riskier but require more patience and knowledge.
So without further ado, let’s discuss the top 10 types of Investment plans you should consider being a part of:
1. Investment in Shares
This is the first thing you will hear of, whenever considering the investment. However, these are the very risky option for beginners because the returns are not guaranteed and you may incur losses if you don’t have the right kind of business intuition. Equity Trading or trading in a Stock Market is more of a business investment plan, and it requires your conscious effort and business skills. Because there are so many things to consider when to enter when to exit, which stocks are beneficial, which are low worth now but will elevate in future etc. However, the only benefit of this is the returns in long run are usually beyond expectation even after inflation adjustment. So if you want a long-term investment plan, it would be highly recommended to buy some steady stocks.