In this article, my main struggle is to discuss all the topics regarding investment, so that you would be able to learn each and everything from here without going elsewhere. Understand each and everything carefully if you want to be the best investor in the future.
Introduction:
No one is richer from the beginning, everyone has done a lot of struggle and handwork for gaining money. Money is that essential thing in our life which can make every bad circumstance into good and can make good circumstance into bad in a while, in its reduced amount.
You can balance everything with money, you can make yourself or others to be happy, its the money that you are reading this blog on your PC or on mobile, its money that you have data to reach this site.
In every small or bigger thing, money has a role to let things to you or to make things possible. Money is such a tool that if today you learn how to invest or utilize it, then your future would be bright which you haven’t an idea and if you don’t know about investment then in future you might be repent about the time when you can do many things which could make your present better.
If you need to be fruitful have the attitude of the wealthy, spend less, and invest more. Before going into detail let us analyze some basic questions regarding investment, these questions are given below
What Is Investment?
If you haven’t your own business but you have money to utilize it on another business and after that, if that company goes up(on profit) or down (on lose) by utilizing your money, then you would also have a profit or loss in your return amount, according to the percentage which would be implemented on your amount you invest. The bigger the amount you use, the bigger would be the chance of profit or loss on your return amount. This whole procedure which requires money from one party to another business is called investment.
Where You Can Invest?
There are many investment platforms, nobody can suggest you before knowing you, so, try to learn about which platform you have are interest more. In main, there are two different platforms from which one is dived into many other platforms. These two platforms are given below
1-Financial Assets
Financial assets can be isolated into market-linked products (like stocks and mutual funds) and fixed salary products (like Open Provident Finance, bank fixed. If you want balance and equilibrium level of your return then the two most valuable platforms for investments are the stock market and mutual funds.
How To Invest & On Which Financial Asset?
For investment in the stock market, you have to learn about the market in detail or you can contact any broker which can further analyze the market and invest your money there and in return, some percent of profit would be taken by him. In both cases, the person who is investing needs huge concentration and attention on the market, without analyzing the market nobody can gain profit because guesses don’t always give profit in every field.
How To Invest In Mutual Funds?
On the other hand for investing in a mutual fund you don’t have to learn or analyze the market, you only have to deposit your money to a company that is playing the role of management asset which is further taking investments from many other investors like you and then they invest them on many different schemes where chances of loss are very less, as they have professional staff, working there 24/7.
2-Non-Financial Assets
Investment in non-financial assets is also profitable and valuable. Non-financial assets can also give you profit if you are investing after having some investigation related to these assets. Non-financial assets are physical like gold, crude oil, rough rice, corn, wool, and real estate, these all resources are called commodities.
How To Invest And On Which Non-Financial Asset?
There are many ways for gaining profitable investments in non financial assets. Some of the most valuable plans are as follows
In Commodities
There are a few distinctive ways of investing in commodities. One of the ways is to buy varying amounts of physical raw commodities. Investors can moreover invest their wealth through the utilize of futures contracts or exchange-traded products (ETPs), this will specifically track a particular commodity index.
These all are exceedingly beneficial and complex investments that are generally prescribed for advanced financial specialists.
In Real Estate
Many investors invest their money in real estate. Real estate is one of the safe investment options which everyone can do, it requires not any expertise on you or any other expenses except the price of land you are buying and almost everyone knows that in this field profit must happen with time.
Almost many investors do a huge amount of investment in real estate and after that increase their profit by utilizing more income on land for building it a single-family house or double family house. This is one of the best ways which lead you to become a millionaire by having a safe and profitable investment.
How Can You Invest?
Before investing you need to analyze the market first, there are different platforms of investment in different ways. You have to learn about the market regarding the platform of investment you are interested more or want to invest in that.
You have to know about past ups and downs of the market when the market has gone up and down in previous years? analyze the reason by which the market goes up and down. You need to understand the present condition of the market, what the current things are happening regarding previous years, and after this what would happen to the market rates?
Be arranged to commit some time to teach yourself not just on the commodity itself, but how it moves inside the market. These all are some basics information regarding the market, for becoming a professional investor you have to search more about the market.
These are all the strategies that must be taken if you want to become a millionaire in this year. So, there is no time to waste, start your future plans now and also run on them. Comment below if you want me to write more about this.