Financial Investment Tips: Nowadays, women take decisions related to savings and investment on their own, however, many times, while handling the responsibilities of both office and home, they do not get time to think about it properly. But, every woman should know how to manage her money properly, only then you will be able to save and get benefits by investing it. If you too are not able to pay proper attention to this due to lack of time, then let us give you 7 financial tips, which will make your investment journey easier-
Proper planning is necessary
First plan well about how much money you want to invest and invest according to that plan. Also see what your investment objective is, and for how long you want to invest.
different after seeing–invest somewhere else
First decide how much of your savings you want to invest.. Now invest this amount wisely in different places. Generally, to get good returns, you can invest 50 percent of your total investment in equity i.e. shares and mutual funds. Apart from this, 20 percent of the amount should be invested in debt options and FD, while 30 percent of the money should be invested in gold.
You will get good benefits by investing money in gold
Buying gold has always been a better option. You can also invest in sovereign bonds and other schemes issued by the government in digital form. Apart from being cheap, Sovereign Bond also gives double return on it. On maturity, along with the current market price of gold, interest of 2.5 percent will also be available.
PPF is a safe option
If you want a safe way to invest without risk, then investing in PPF is best for you. In this you will not only get fixed interest annually, but also get tax exemption in it. You can invest a maximum of Rs 1.5 lakh every year in PPF.
start with less money
If you want to start investing with Rs 500, 1000 or Rs 2000, then Systematic Investment Plan (SIP) is a great option. You can choose a SIP as per your budget.
Post office is also a good option
For long term investment, you can also choose any of the schemes available in the post office. Among these, Kisan Vikas Patra is an attractive investment scheme. Investment can also be made through SIP, whose maturity is completed in 9.5 years.
Do not invest too much in shares
Investing in the stock market is always considered risky, especially if you do not know much about the market, so you should avoid investing too much money. If you want to invest then you should not invest more than 5 percent.
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