Money could further generate money if it is invested at the right place (company orproduct ). Otherwise when you keep it idle (in you locker) or invest in the wrong place i.e. cheat funds etc, it does not give any return and it might happens that you will also lose your capital in the future.
Every one in this world earns some money, but every one does not become able to generate a decent return from their earned amount .The one who generates a good return, differentiates him from others.
Things you should take care at the time of investment
- Invest your money in the legally right product & company
- Invest either directly or by an authorized agent
- Gather all possible information about the product or company in which you are going to invest your money .You could gather the information from all possible sources such as internet, Friends, relatives etc.
- Read all the rules and regulations care fully without any hurry.
- Follow up all the instructions in the future carefully so that you should not have to give any penalty in the future.
Right Investment Options
- Equity ,Bond or Debenture
- Mutual Funds
- Insurance / Insurance + Investment plans
- Land /building
- Bank & Post office deposits
Wrong Options /Wrong Investment Options
- Keep your money idle
- Investment through unauthorized person
- Investment in Cheat Funds /Non-Banking /unregulated companies