Devide your income into 3 category. i):50%Need,ii)20%Want,iii)30%Shaving and investment
1:NPS:(National Pension Scheme) is the best and secure option by government for employee. It gives 10% return.It is the best long term investment for and regular income.60% of corpus money you get at age of 60 & 40% you get by corpus. SBI, LIC & HDFC are best option for NPS.
2:Mutual Fund: It is an excellent option of investment now a days,14-15% you get by mutual fund. You can do it by SIP(systamatic investment plan) which is secure by government.Benifit:Moderate risk & high liquidity.its better to do mutual fund online alone sothat you can save 1% commission brokerage charge.
3:Digital Gold : Now a days Digital gold are the best option to invest. Golds investment are very traditional in India. You can save making charge, security charge,cleaning gold after a time and selling charge. It is also secure by bank. Platform of digital gold :paytm,phone pay. Benefit :High liquidity, low risk, high return.
4:FD (Fixed Deposit) :In normal bank you can get 6-7% return in a year.But if you are doing AAA rated company fd you can get 8-9% return.AAA rated company are highly secure like a bank. Best Company in India with high return is Bajaj finance.. Which gives 8-9% return.The amazing thing is your money increase by compounding effect,which is 8th wonder of the world.
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