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POWER OF INVESTING


How to Become a Billionaire?

Have you ever wondered why only 20% of the people in the world are super rich and rest belong to middle class or a poor family background? What is the reason for such interlude? What is the “secret mantra” of their success and such massive wealth?

Well the answer is quite simple, it is nothing but the INVESTMENT. Investment is the key which can multiply your money to infinite times.
Investment is the word which we all use frequently in our daily routine. In simple terms Investment is nothing but putting your money in a certain avenue to get an optimum return in foreseeable future.

For a Layman Investment is simply purchasing an FD, RD or most probably a land. But actually the world of investment is much massive than what we think, there are thousands of investment avenues which exists, but we are not fully aware about them.

Following are some of the famous investment avenues in the order of risk involved in them i.e. lower to higher risk:
1.  Fixed and Recurring deposits(FD and RD)
2.  Pension schemes like Atal pension Yojna
3.   Insurance policies
4.  Bonds or Debentures
5.  Gold
6.  Shares
7.  Crypto currency like Bitcoins and many more...

Right now many questions might be flapping in your mind like why should I invest? How to invest and when to invest?


Why to invest?
Let us take an example, suppose you work as an employee in an entity and you are getting a salary of Rs.50000 per month and after meeting your personal expenses you are left with Rs.20000, moreover you get retired after 10 years.
Now look at the table given below and identify which one is best (your answer would obviously be (II) option because of huge benefit of Rs.8, 93,975)

How to Invest?
Well the answer to this question is in your hands right now i.e. your smartphone. On just a click on your phone you can buy land, Gold or even a whole company.We will soon learn about how to invest in various avenues in my next articles.

When to Invest?



   Warren Buffett


Do you know about Warren Buffett?
He is one of the richest person in the world and is definitely an investor with gigantic net worth of USD 7350 crores which in INR amounts to Rs.55,86,00,00,00,000 Which is actually quite big to get  fit into your calculator.
One to the famous line said by Warren Buffett is:
“I made my first investment at the age of 11,
 I was wasting my time until then”
This makes us realize that we are already too late in the field of investment. The right time to invest is TODAY.
Definition of “TODAY”
T – This is an
O – Opportunity to
D – Do
A – A work, better than
Y – Yesterday
Always remember “Thoughts become things”

Thanks for reading, you will further learn about how to invest in various avenues in my next article.

Comments

  1. SonikaMay 3, 2020 at 4:09 AM

    Thanks for the article..eagerly waiting for for your next article

    ReplyDelete
  2. AnonymousMay 3, 2020 at 4:43 AM

    True and fair view..

    ReplyDelete
  3. RadhikaMay 3, 2020 at 8:45 AM

    Good content. It's important for all of us to invest and give ourselves the life we want and dream of by earning good returns.

    ReplyDelete
  4. AnonymousMay 3, 2020 at 8:50 PM

    Valuable article... Waiting for ur next article

    ReplyDelete
  5. Hari OmMay 4, 2020 at 5:55 AM

    Excellent it's true , investment is important for every one

    ReplyDelete
  6. AnonymousMay 4, 2020 at 7:53 AM

    beautiful content bro keep it up

    ReplyDelete
  7. SumanMay 10, 2020 at 1:57 AM

    Nice article

    ReplyDelete

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