How to Invest your hard earned money!!??? By CA Aasia Ishrat

Nothing makes a man happy until he has a good bank balance.Earlier in life you start investing,greater will be the wealth you create Let me share some of the artistic ways of Investment that I know-

Happy reading!!!!

Return vary with investment.there is a universal theory of investment that everyone knows i.e risk is directly proportional to return.so if you are investing in a highly risky area chances of getting return are very less but if it starts generating return then it will be much higher than expected as

“Taking risk won’t be easy as having risk”

                                 Image source:Google

Let’s start

First of all 40% of your income should be invested in Nationalised Banks where risk factor is low.Although return will be less but your 💰 will be safe.Keeping Fixed deposit with the bank which will fetch an interest rate of around 8.5 % or keeping PPF is safe for reasonable better gains.Best advice to you would be to start SIP in balance fund with time hotizon of 3-5 years.you can expect return of around 10-12%.

“SIP” means investing with a fixed income regularly regardless of NAV or market level.You can even start with as less as ₹ 500 or ₹ 1000.

Next 30% of your income should be invested in land,property,gold etc.If you invest your money in this area your money will be safe and it will fetch a long term asset for you as well.

Reamaining 20% try to invest in share market.If you have knowledge relating to these sectors then manage it yourself otherwise invest in mutual funds

Lastly 10% which we can opt for risky investments.If someone is ready to give you double the value of bank interest then either it will be a super fraud or a very high risky venture

Remember  movie Hera Pheri!!..... you may end up like “Babu Rao”...

Currency trading,daily sale and resale of shares i.e futures and options etc can be opted for as a risk not involving your great share of money.you can also invest 1-2 % in lotteries,casino  and try your luck.But never get trapped in Lottery mails from internet.It will be very dumb and foolish to try luck in that.

if you start finding good return in 10% sector,don’t start breaking your FD’s or selling land,properties to invest more in that as being greedy doesn’t serve good.

My golden rule:

Invest in yourself - Extra course or a certification to develop your skills and personality is priceless that will give you multiple times return.I am pretty sure that my decision to opt for Chartered Accountant profession along with graduation has moulded me toward different ways of career option.

Thankyou!...