At this era, most the people don’t know how to manage money. Here is the top best Investment plans for salaried persons.
Best investment options for salaried person can be easily availed with the help 50-30-20 Rule. Means 50% of the income should go for needs only ie rents, electricity, grocery, insurances etc. 30% of the the income should go for wants like eating outsides, holidays, gadgets whatever we want. 20% should go for the investments. So here are the Best 5 Investment Plans for Salaried Persons.
Contents
Best 5 Investment Plans for salaried person
1. Investment in SIPs
If some one seeking long term investment plans then this is the best option. Here are three type of Best Investments Plans in SIP
A. Investment in Large cap
B. Investment in Mid cap
C. Investment in Small cap
Here I am suggesting large cap is more safer than mid cap and mid cap is more safer than small cap so investment ratio can be kept like 50% in Large cap, 35 % in mid cap and 15% in small cap. These have higher risk but best investment plans for salaried person.
2. Investments in Fixed Deposits
It is the traditional method where our grandparents, parents used to save money. In current era people thinking that FDs are giving less returns but it is the most safer options and currently many banks are giving upto 9% return as well. Stable money is the platform which helps in getting best returns through FDs. It is best traditional investment plan for salaried persons.
3. Investment in National Pension Scheme
It is the govt backed scheme in which we are save money for our retirements. In gives around 10% return. It is good government backed tool which is in the best 5 investment plans for salaried persons.
4. Public Provident Funds
This government-backed fixed income scheme can be considered a risk-free investment as its returns are guaranteed by the government. It gives around 7% returns. It is best safer investment plan for salaried persons.
5. Sovereign Gold Bonds ( SGBs)
SGBs are government securities issued by the Reserve Bank of India (RBI) and denominated in gram(s) of gold. They are issued in multiples of gram(s) of gold with a minimum investment of 1 gram. 2.5% return paid twice a year. It is one the best 5 investment plans for salaried persons.
Conclusion
For making investments, we should manage money properly from 20s or 30s. As soon as early we start in investing, We can get decent amount of returns. I am just suggesting above best investment plans for salaried employees but before investment every should do people study above the plans as many plans are subjected to market risk.
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