Answer will change from an investor to investor. There is no single formula works for everyone buddy.
Savings schemes offered by government
People trust government above all. There are avenue of opportunities if you wanna invest in government schemes, right from the Post Office and National Pension schemes to senior citizen schemes.
Investments in equities
There are many people like me who love taking some risks with money. Equities are better option for you. Volatility is your best friend, returns are your outcomes and time is an engine.
Gold as investment
Yellow metal has history of more than 3,000 years, no one can deny the fact that it is hedge to inflation if you invest at proper price
Bonds
If you wanna make money by lending money, bond market is the place for you. Know where your money is going and check if the company is right choice for you.
Crypto
It’s evolving when we see from technology perspective or from investment angle. Risk & Reward are always high for this.
Real-estate
It’s a high ticket item, check your pockets before investing. Only if you have the ability to buy two, then start buying one. Remeber, demand for land & labour never dies.
