Different Options Available For Investment
There are many options available to invest money, and some of the options have already been discussed in other sections. Basically, type of investment depends on the need and time horizon. If you want to invest for retirement purpose, there will be different options to invest, that has been covered in Retirement Planning section, and if you want to invest for some other purpose like to buy a luxury car after certain number of years, there would be different investment options.
Here you will come to know about different savings and investment options
you have for investment purposes, and then you have to understand your requirements and decide which options are suitable for you and your needs. One thing you must do while investing is to invest in different instruments and make a diversified portfolio. First have a look at the number of basic options that you have to make an investment.
- Savings Account
- Fixed Deposits (Certificate of Deposit)
- Government Bonds
- PPF (Public Provident Fund)
- Various Post Office Schemes – NSC, KVP, MIS and others
- Company Deposits
- Mutual Funds
- ULIPs
- Gold
- Property
- Stock Market Trading
- Forex Trading
Some of the above instruments have already been discussed in other sections but let’s have a brief of every type of investment instrument at the following links: