Investments are essential for a person to live a better life(in monetary terms) as you have some money saved for your rainy day as well as your money would also grow as per the interest you receive but many people in India have lack of financial knowledge due to which they suffer a lot to manage their finances and sometimes also fall in debt-trap which affects their lifestyles too.

Some people still invest their money in a traditional way such as investing money in FDs, buying properties and investing in gold which is a good thing but with the change of time, there are some new and better investment option available some of them may give high return but low liquidity as well as some of them, give high liquidity but low return having high risk. So it is up to you to select a better investment plan according to your income, financial objective, age, based on liquidity, your financial situation and risk appetite.

Today we are gonna talk about some new as well as some traditional investments options a mango person have :

1. Equity shares– an investment in shares is a risky option because of the volatility and risk factor associated with the market but these shares have huge potential as well many people become rich by investing in these shares but one has to make sure while purchasing it you should first do the fundamental and technical analysis because so many people wealth too here.

2. Bonds and Debentures-This is also a way of raising capital by companies but this investment requires huge capital and a long maturity period such as 10 or 15 years but it is less risky as compared to the above one.

3.Mutual Funds-These days mutual funds are become quite popular due to their high return and less risk as compared to equity shares because it managed by investment professional. mutual funds have less maturity period as per your financial goals and your money could be invest in stocks,bonds,gold or other investments instruments by your fund manager but this option have risk too (i.e. market risk) as your return could be affected by the market condition.

4.Bank Fixed Deposits or FDs: Well this is the traditional investment option as you can invest money in the form of FDs in bank many people choose this option as it has lower risk but not so good return i.e. (fixed Return) and a fixed maturity period but people belived that their money can be safe in bank only

5.Public Provident Fund or PPF– This is a popular low risk investment option for investors.  It gives a fixed rate of interest which is given by the government and is compounded annually over the long term.

6.Real Estate– This is one of the most popular investment option for investors and many investors choose this option over other becuase of many reasons like if someone invest his money in buting real estate then he is creating some assets for him and real estate is an appreciation asset means its value don’t depreciate or decrease along with time but appreciate or decrease with the span of time and also a person can give his property on rent and earn some extra income and also this option have less risk but this option require more money than others and suitable for people having decent money and want to invest for long term

7. Gold: Gold is the most traditional form of investment.People still tends to buy more gold in india In addition to physical gold, it can be now bought via Exchange Traded Funds (ETFs) and Mutual Funds in electronic format.

8.Life Insurance – well,its not a investment option but still many people treat it as investments. people buying insurance as a mode of investments which is not the right thing to do because insurance are meant for bad times or it is a compensation you received in case of death of a person

It is advisable to take the above factors into account and create an investment plan to diversify your investments across various investment in order to spread your risk and create a balanced portfolio of investments.