Most common questions used to investigate
Are you ready to take risks?
Do you want to get reasonable returns without putting in much effort?
Do you want to own property?
Do you own a house?
Are you looking for the safest investment?
Do you like to trade in physical commodities?
Common conclusions
Share market is the place to invest if you're ready to take the risk. Many companies give you good dividends and the price of the shares of some companies can give you a handsome profit as well. But this is not as easy as it sounds and you need a thorough idea of the stock market before you jump in. Also, you should do research constantly to identify the possible opportunities that can give you good returns.
Mutual funds are a good bet if you want to earn a little above average returns but don't want to go through the hassle of researching for the right firms, buying, and selling shares. The mutual fund does all this for you for a certain fee and you can rest assured that everything is taken care of for you. But one thing you'll have to keep in mind is that there is always a certain element of risk associated with this investment.
Real-estate is a great place to invest because it gives a good return over a long term period. Depending on your financial goals, you can decide the type of investment. Some people prefer to buy a property and take hands-on responsibility to clean and rent while others would prefer to leave it all in the hands of a property management company.
Putting money towards your own house is one of the best investments today because every money you save can go towards your equity and when you sell your house eventually, you can make a great profit. This is why people tend to put a good amount of their savings as the down payment for a property and will continue to make monthly payments as all of it is seen as savings.
Bank deposits are the safest investment because the chances for a bank to close down its operations is less when compared to other forms of investment. Also, you tend to get a certain amount of money by way of interest and this is a bonus. But remember, the amount you'll earn by way of interest will be far less than what you can earn in other investment avenues, but there will be no risk at all.
The prices of commodities like gold and silver keep fluctuating and these changes open opportunities to make some extra cash. Many times, you'll have to take the physical delivery of gold and silver when you take these options
You can still trade in commodities without taking physical stock of the commodity. This can be done by buying or selling them in the futures market where no physical exchange takes place. ETF funds that deal in commodities are a good option too.
References
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