Every few weeks, someone email messages me asking for the best short-term investment. They may be saving for their first home plus they want to enhance their earnings. They don’t want to gamble it in some bitcoin. Or put everything on black. They need some type or kind of return without putting it in danger.
The 0.01% from their brick and mortar bank isn’t trimming it. When I believe about my money, I believe of it as being in time capsules. Anything I need in the next five years must be safe. 100% no questions asked, safe and non-volatile. I still need to get a few cents in interest though. With inflation, day anything in cash is losing purchasing power each and every.
- Saving and trading are both best suited for conference long-term goals
- 3 Direct Selling Success Stories
- = Gross Scheduled Income
- All in every, a tax deduction of Rs. 60,000 can be claimed and not the total expense incurred
If I can slow down that process, I’m all the happier. What is a “Safe” Investment? For the purposes of this list, I take a look at two types of safe investments. 100% safe and “mostly” safe (low-risk). When you talk about investments, they come in two main types – personal debt and equity. With debts, you lend your cash to an entity and they pay you interest. With equity, you buy a piece of something and can sell that piece later, hopefully for a good gain.
Neither are …