Investment Opportunities for Young People

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      Today's young generation are busy in enjoying their life. They don't think of future at the right time and regret for passive income when they have family responsibility. They never have retirement plan. They live on month to month basis. They never put emergency fund aside. They take debt for small things and make it burden for them.

I would suggest you that every one should  plant a tree which would give continuously fruits after some years. I guess you are getting what do i mean. And remember one thing its never late to start anything.

Some good opportunities where you should start investing money to generate a second source of income as well as a kind of saving. 
  • RECURRING DEPOSIT : It is a kind of term deposit where a person has to deposit fixed amount (from 100-1.5lakh) every month in deposit account for a specific term and earn interest at the rate applicable. Generally, the interest rates are 6.5% to 9% p.a.  This is kind of saving which is useful in emergency scenario. After 2-3 years, the money you deposited act as emergency fund for you.
  • FIXED DEPOSIT : It is very popular in India and people know about it very well. A person put a lump sum money in bank for fixed period of time at the applicable rate is known as fixed deposit. Generally, the interest rate are 5%-8.50%. I would like to say that bank offer low interest rate while many financial company offers higher rate and they are safe if you choose good company. it is the safest passive income.
  • GOLD : Gold is precious metal for everyone and its value has never disappointed any one. In year 2000, the rate was 4400 rupees per  10 gm; in year 2010, it was 18500 rupees per 10 gm and in year 2020, it is 45000 rupees per 10 gm. So i would suggest everyone that one should buy gold every year of whatever amount you have. Even i am buying every year on dhanteras. This gold can become your one of the asset of retirement plan.
  • LENDING MONEY : This is one of the best passive income or in other words, second source of income through which you can set off your monthly expenses. It in nothing but lending money to your trustworthy friend or family member (who are in need of  money) on the fixed interest rate for fixed period of time. It is similar to fixed deposit but interest rate are higher in this. Generally, the interest rate are 9%-24% p.a.  
  • SHARE MARKET : Every one knows about it but they think it is gambling and very risky. I would tell you that for trader it is gambling and risky but for investor it is one of the fastest way to earn money. Become investor not trader and you will get 12%-15% annual income p.a. Invest money in India's top companies which are financial stable, technically strong with good management leaders. You will definitely earn good money. I will post a detailed knowledge about stock market in few days.
  • GOVERNMENT BONDS/ CORPORATE BONDS : A person lends money to government or corporate company at specific interest rate for specific time is termed as bonds. Generally, the interest rate of government bond is 8%-9% p.a. and corporate is 8%-12% p.a. The government bond are safe.
  • PUBLIC PROVIDENT FUND : It is again a long term deposit account where a person has to deposit a lum sum amount ( upto 1.5 lakh) for a period of 15 years. It acts as safety for your retirement. 
             There are many other investment tools also but this are which i recommend to everyone.
              
             I would like to share my experience, I have recurring deposit, fixed deposit, gold investment , share market investment, lended money  and have corporate bond too. Very soon i am going to start PPF account. 

             I have written this blog from my experience point of view. I would suggest same thing to everyone. One important thing i would tell that one should definitely have life insurance and health insurance. 

If you have any query or suggestion, please post a comment below.


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