Investing Is New Savings
In today’s time savings is given several names Stocks, SIP, Mutual funds, other Investment, etc. People are engrossed in apps, where they invest their Money. Earlier savings was in Fixed Deposit, Recurring Deposit, Gold, Bank funds, etc. Now Gold is also updated to paper gold, where an individual does not have to keep physical Gold at home or bank. In this evolving age, even Paper or Plastic Money has been converted to Digital Money.
Why are human investing their money now rather saving?
It’s quiet simple, as modes of transaction evolves the mode of getting high returns also evolves. The rate of interest in investment is higher than compared to savings accounts. Earlier an individual was scared to invest due to risk and losses, but now the same individual is capable mentally to bare the risk and losses to get heavy gaining.
Isn’t Investing risky, then why do a person invest?
Yes, Investments are risky that’s why in every advertisement and when a person starts investing they are given a warning. To read the documents carefully, and they are pertaining to high risk. A person Invests for long term in hope of getting high Interest, even if it’s risk. The word hope is something that gives them courage to invest and patiently wait for it. Risk is something we face in everyday life, risk of losing job, risk of walking on road, risk of heavy rainfall, etc. Risk is just a word that scares a person from trying something new even if it’s good for them.
Does Investing gives quick and easy money?
In today’s time a person wants to get quick money and in easy way. When an individual enters an investing market with this though, they end up losing almost everything. Reason being good things happen when you are patient. If you invest your everything at one go and expect it to give returns in a days or weeks. That’s when you fail in investing, Investment happens for long term. Putting huge money for quick returns will make you end up with no returns. When an individual slowly and gradually invest for long term, the returns are also on high terms but it all depends on Market Value. If one invests according to current Market Value expecting it to rise by high percent in next 4-5 years. It is not necessary it will be at the interest rate shown in current time, it can fall or rise depending on the Market Value then. That’s why it is said to be risk.
What is the safest investment Mutual funds, SIP, Stocks, Trading, House?
Well the answer is none, they all have their own risk and perks. It depends on Market, if big A company is gaining the value of stocks, SIP and Mutual funds will rise. But if they fall the value also falls chaining to losses. No one knows when the value will rise or fall. Every individual have their own belief, comfort, Stocks, SIP so on. But that doesn’t mean one must listen or copy them. What might be helping them, might not help others. Therefore, one mustn’t listen where they should invest. Incase of one wants to learn, they should take guidance but not follow. Take your own path, own investment, as it’s your money you are investing not others. You are responsible for your own.
Investing Is New Savings, maybe future has new Investing like saving. No one knows what and where change might take place. Hence, keep yourself open to all new way but don’t be Greedy. Be Patient by the time you learn as its the only key to Invest. Change with the growing and progressing World.
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