Investing is not easy. Much as we try to simplify, and speak about it enough to help investors feel confident, it remains tough. There seem to be many paths to investing success and one is never confident about one’s choices. Investing can often be broken down into a few simple rules that investors can follow to be successful. But success can be as much about what to do as it is what not to do. On top of that, our emotions throw a wrench into the whole process. While everyone knows you need to “buy low and sell high,” our temperament often leads us to sell low and buy high.
Most investors place too much importance on trying to choose between specific shares and bonds. However, it is usually core principles that dictate the success or failure of any wealth building strategy.
Most investors want to make investments in such a way that they get sky-high returns as quickly as possible without the risk of losing principal money. This is the reason why many are always on the lookout for top investment plans where they can double their money in a few months or years with little or no risk.
Top 10 Investment Options
- Direct Equity
- Equity Mutual Funds
- Debt Mutual Funds
- National Pension System (NPS)
- Public Provident Fund (PPF)
- Bank fixed deposit (FD)
- Senior Citizens’ Saving Scheme (SCSS)
- Pradhan Mantri Vaya Vandana Yojana (PMVVY)
- Real Estate