Search for the Best Investment Options in India
You have worked hard to get the salary of your
choice at the end of the month. There are possibilities of savings and
investments. Don’t hesitate to invest your money in secured options such as
fixed deposits, insurance policies or PPFs.
Why take fixed deposits
as an investment option?
Banks are the most obvious ways of investing money. You may choose to invest in
a fixed deposit scheme that will allow you to incur an interest over a period
of time. The tenure of an FD or a fixed deposit for locking your money depends
upon you. You may incur a higher interest rate for a longer tenure and a lower
one for a shorter period. This is one of the best investment options in India
due to the attractive interest rates.
Investing in insurance
policies
Amongst the best investment options in India are insurance policies. This is
the best way to secure the health of you and your family in any eventuality.
Sometimes, life’s uncertainties take the better of us, we are unsure about the
future. Financially, we need to make sure that there is something to fall back
on in times of emergencies. That is why insurance policies need to be taken for
you and your family. This is the one of the best
investment
insurance options in India that
allows one to secure the financial and physical health of the family.
Why choose PPFs or
public provident funds?
Another attractive mode of investing is the PPF at bank. The rate of interest
attached to a PPF is always attractive to those who fall under the higher tax
brackets. The highest interest rate with PPF has been 9% for investing in a
period longer than 15 years. In the current scenario of uncertain market
trends, this is the best option to go ahead with.
No matter what the best
investment options in India may be, choose the one that seems most attractive.
Investing in FDs and PPFs will give you attractive sums at the end of the
tenure, but insurance policies give you interim benefits for medical
emergencies and consultations.
[Source: https://tackk.com/1cp0k1]
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