The power of investment
In this world where AI is dominating and all the people wants to be financially stable so that they can live a better life st old age..
Here are some topic details on how u can be financially stable ..
First we all have to know about different types of investment..
It's like typical money with the expectations of generating better returns and profits in upcoming future..
1.Stock market investments: We can invest our money for long term in public traded companies with aim of capital appreciation or dividend income.
2.Real estate: purchasing plots or flats for extra rental income or for betterment in value over time.
3. Sip:We can monthly in AAA category mutual funds ,so that after compounding interest ,We can get an excellent amount after 20 years ..We should start it at early 20s even though by low capital.
4.Entrepreneurship:Investing in new business that are growing or has potential to for growth and profitability. It may be risky but u have do calculated risk ,and if it works we can make a good amount of money .
5.Government Bonds : Investing in government or corporate bond for fixed income.
6.Money on interest:We can give money to people in exchange of ornaments or on a good interest .
We should also focus here on compounding ..
I'll talk about compounding in my next blog
I hope you've got the right information for you and it will help you to grow you up..
Thankuu ...