Finance ,Insurance, loan ,Stock & Crypto
Hello friends,
In this post we will talk about a very important and necessary question, whether you are 18 years old or 50 years old, we all always have a question that where should we invest, with time needs and goals keep changing,
For example, if you are 20 years old and you have got a job, then you will think about your marriage, or future planning of a big house or car by the age of 35 or something like this, if your age is between 30 to 40 then you will think about the future of your children, and a middle class man of 45 to 50 years thinks about his retirement that something should be done so that even after 60, I keep getting an amount so that old age passes comfortably,
All this is right at different stages of age, and different investment options are available for everyone,
Let's understand,
When your age is between 20 and 25: At this time you do not have many responsibilities, you only have to manage yourself, in such a situation you can invest maximum funds, at this age you also have a lot of time, if you get funds from somewhere at once, then you can buy property, if you have less funds, you can invest one time in a good mutual fund, you can buy stocks of a good company for a long time, it means that the younger you are, the more options for investment will be open for you,
If your age is between 30 and 35 years: At this age usually everyone is married, now you have to do future planning, a house, and if you have children, then for their good education you are going to need a good big fund, which you will not get immediately and cannot be created immediately, now there are 2 ways for this, first of all you start SIP in mutual fund, and Secondly, choose 5 to 10 good companies and invest whatever amount you can in these companies every month. With this, you will accumulate a good amount of money over time and you will also get good returns in the long run.
At the age of 40 to 50: You have to do only 2 things. First, do SIP in mutual fund with as much amount as possible and at the same time invest in pension scheme.
For age 60+: If your age is more than 60 years, it is expected that you will have a lot of funds at this time. You can invest it in FD in any bank and take interest on monthly basis. This will be most beneficial for you.
Your investment today can improve your tomorrow.
If you want to invest in mutual fund, stocks, or many different types of investments, then you will need a demat account. Below we have given you links of two companies, the first one is angelone and the second one is upstox. Both are The company is quite old and crores of customers have opened accounts with them, if you have any doubts, you can Google it,
Links of both the companies
Upstox free demat account
Upstox free deamt account
https://upstox.com/open-account/?f=2EA2PW
Kindly Go to below given link for open angelone free demat Account
https://tinyurl.com/yn9rha5q
angelone Free deamat account
You can open your account for free by clicking on these,
Note: This is not a financial advice, do a deep study yourself before investing anywhere, invest on whatever you feel is right according to you,
Where to invest, where will you get more returns, which investment will be right according to your age,