What money stands for us? Maybe it’s not the money we work for, but nothing works without money. But, earning the money and spending it, is not a desired process. You should save some money, invest it in the right channel and get profit out of it. Then, you can make the actual utilization of your earning.
But, what is investment? It is the way to increase your financial growth. When you put the money into something to get more money, it becomes an investment. Investment means managing money and is associated with different sources of money.
There are various factors that are associated with investment and that need to remember while investing. Those are the right time to invest, why do you want to invest, risk, and investment capital. On the basis of these factors, you can choose the right investment plan for you.
What are the options you will get to invest? Bonds, stocks, mutual funds, fixed deposit, investment schemes- Sukanya Samriddhi Scheme, Employees Provident Fund, National Pension Schemes, etc, real estate, commodities.