We all know the benefits of investing, and starting investing as early as possible is even more beneficial. But do keep in mind that investing will not make you rich quickly. It is more like a step by step consistent growth of the money you have now. So, you can easily start even with less money at present.
Investments help you to develop wealth for your future with the help of the current wealth available with you. Hence, allow investments to make your present money to help you create fortunes for the future. However, with so many investment options you are bound to get confused.
The following list of investment options will remove your query of- I have extra money. Where do I invest and how?
- Mutual Funds-
Nowadays, you ask for investment suggestion and the very first answer comes out is Mutual Funds. Choose investment in mutual funds if you want to play safe and balance both risk and returns. The SIP Mutual Fund is a great way to start with. - Equity Shares-
With extra money many opt for investment in a stock market. Become an owner of the company by buying few shares. The profits which the company earns are paid in the form of dividends depending upon the number of shares you hold. - Real Estate Investment-
With extra money opt for buying a flat or plot which will surely be your best investment option. As the growth of real estate sector is on the rise. - Peer to Peer lending-
Through this lending, you become the bank and lend your extra money to individuals in small increments. Become the investor and invest in small amounts in start-ups and new business ventures.
Now you know how to use your extra money.
