2. Investment in Bonds
The debt securities or bonds issued by government sector are very beneficial investment opportunities. The basic concept is that you lend your money to the government or any organization whose bond you are buying, and they will pay you a steady interest at a fixed rate for the said amount of time. So this is the risk-free version of investment. You can cash out the bond whenever you feel the need to, or enjoy a steady side income for your whole life. The more years you stop your money for, the higher return you get on your investment. You can find options for two-year plans, three-year plans, five-year plans etc. This option is really good if you don’t want to waste all of your time thinking about the investment, gathering knowledge and putting a conscious effort into it all the time. Because you invest by buying the right bonds and boom, you are done.