One invests with the expectations of getting good financial returns. And thanks to the evolution of financial markets, there are more financial avenues available to an investor than there were ever before. Some top investment avenues at this time are.
- Bonds/Bank deposits: It is easy, and one of the safest type of investment tools available today. Bonds and deposits are less volatile to any change and offer steady returns, however when inflation is taking into the account, the returns are pretty abysmal. That is one of the top reasons why it is the last resort of investors for investing their money.
- Stock Markets: it is quick and easy to make money here. The returns and volatility, both are extremely high here. You can make more money here than at any other avenue. With stock markets, you need to do a lot of research and harness smart tools to stay up to date with the current happenings in the financial markets. There are numerous apps like IIFL Markets, and newspapers, channels etc that are dedicated to this channel of investment due to its popularity.
- Mutual Funds:Mutual funds are varied, they can be either focused on gilt (gold), money markets(bonds) or stock markets. They are handled by professional investors who have great expertise in their respective field of investments. Just as with any other financial commodity, a mutual fund focused on stock market too carries risk and there is no guarantee that it would outperform the markets.
- Investing in property: Recently, real estate has taken things by storm and it is one of the most popular investment avenues. However, it is marred with a lot of transparency issues. Since a lot of money is put into real estate at one go, there is a lot more money on risk than with any other financial avenue. And unless you really do a lot of groundwork about the property and get a sound legal advice on the prevailing laws in the region where you intend to buy a property, you should strongly desist from putting in your hard earned money.
Out of these avenues, the stock market is the only one that gets you higher rewards for diving into it. And you have a choice as to how much amount you want to put in. More than the skills of the trade, you need good skills to force yourself from trading when it is against common sense and resist the temptation to trade based on emotions.
To do that, you should get access to both data and knowledge, and apps that are dedicated to financial markets like IIFL Markets can help you in the long run. You can download this app for free of cost from either apple or android platform and get going with your exploration of stock markets.
This stock market app is not a substitute for your reasoning, and just like with anything, you should take a rational decision by using the app just as a tool for getting information and knowledge.