Categories: Business

Investments You Can Start Sitting At Home – Grow Your First Crores

One of the best ways to have financial security is by making smart investments. You need to start investing early. These days you can actually make investments right from the comfort of your home. With proper planning, you can actually earn your first crores by sitting at home.

IMAGE: PIXABAY

1. Unit Linked Insurance Plans (ULIPs)

These plans give you life insurance cover as well as market-linked returns. With the help of these plans, you can invest in equity and debt securities. With these plans, you can participate in the capital market and on the maturity of the plan the fund value is payable. You can also partially withdraw ULIP plans. In case of the death of the insured the sum insured or the fund value whichever is more is paid to the kin.

These days you can easily buy ULIP online. Many reputed finance companies give you the online purchase option. ULIP is one of the best options when you are looking forward to accumulating a good amount of money in the next 10 to 15 years.

ULIPs are good investment option if you want the feature to adjust your risk over time. From the angle of tax-saving as well ULIPs are one of the best investment options since you can even invest in safe market-linked instruments like government securities and

2. Equity Linked Saving Scheme (ELSS)

This equity-based option is like ULIP. But there is some amount of risk involved as it is a pure equity investment. However, those who are willing to take these risks can get very good returns in the long run. You can invest in these schemes through Systematic Investment Plans. In this case, you can invest fixed small amounts at regular periods. Many people are sceptical about investing in equity funds due to the risks involved. But what they fail to understand is that equity funds can give up to 15% CGAR over 15 years.

3. Investing In The Share Market

This is also one of the best ways of getting good returns but you need to know a few things before you start investing like you need to learn the basics. You must be very clear about your investment goals and risk tolerance. You need to do thorough research and study before you start investing. You need to keep in mind that this one place where you may end up gaining a lot or losing everything.

4. Mutual Funds

You can also opt for investments in mutual funds. These days you can easily select and buy mutual funds of your choice online. The investor can earn income from dividends on stocks. Sometimes when the mutual fund has capital gains these too are distributed among the investors. When the mutual funds share price increases the investor can sell the mutual fund shares and make huge profits.

There is a large variety in the mutual funds. This gives a chance to the investor to get exposed to stocks, bonds, commodities, foreign assets as well as real estate.

ULIP, Mutual funds, equity, shares are some of the best ways of making lots of money in a short time. Some people may consider safer options like bank FD’s, post office savings and PPF etc. but these are long-term investments and you will not get quick and huge returns through these mediums. Besides you cannot make these investments online.

You do not need to go anywhere to make these simple investments. These days’ financial institutions give the customer the option to do everything online. So you can actually frame out your investment plan and work on it right from the comfort of your home. You only need to make sure that you take proper advice and guidance from professionals before making these investments.

If you are interested in even more business-related articles and information from us here at Bit Rebels then we have a lot to choose from.

IMAGE: PIXABAY
Alden Bert

Recent Posts

Forex vs Stock Trading: Which One Is Right For You?

Choosing between forex and stock trading can often be a difficult decision for most investors…

3 days ago

The Evolution Of The Definition Of Edge Computing

Edge computing is a term in the tech world that not everyone has fully grasped…

3 days ago

Streamlining Business Operations To Maximize Efficiency

The modern business environment is insanely competitive. The minute that one company finds success, there…

3 days ago

5 Awe-Inspiring Tips For Hosting An Epic Gaming Night Party

Hosting an exciting game night party is the perfect way to unite your friends and…

4 days ago

How Do Automated Control Systems Improve Manufacturing Processes?

Staying competitive often hinges on the efficiency and adaptability of production processes. As industries seek…

4 days ago

Empowering Beauty Through Fitness: The Impact Of Semaglutide On Self-Care And Weight Loss

While combining fitness and weight loss is about getting a certain look, it’s also about…

4 days ago