7 Best Investment Options For The Year 2017-18

Whether you are a conservative investor or an aggressive investor, while choosing an investment option, you should focus on diversifying your investments well.

- Amit Chauhan

Whether you are a conservative investor or an aggressive investor, while choosing an investment option, you should focus on diversifying your investments well. A balance between choosing assured return investment schemes and the market driven investment schemes is important as one gives you security and another one may give you inflation beating returns, respectively. Your investment portfolio requires a combination of both.

Let’s understand it with an hypothetical example: 

If you eat same breakfast every day, you may get fed-up in few days only because, you as well as your tongue needs variety of food to taste and at the same time your body also requires different types of nutrients, which may not be possible if you eat same breakfast everyday.

Similarly,

• When you invest in assured returns schemes and lock-in your money for long-term, your investments are at risk that whether they will be able to beat inflation or not?

• When you invest in market-driven products, you are at risk that you do not have assured returns? So, you need to diversify your investment with the help of your financial advisor. Although, Saving and investment depends on the following factors -

• Your age,

• Family Size,

• Number of Dependent,

• Earning per month

• Financial Goals

• Time duration for each goal

But apart from above, there are many other factors which you may need to fill if you go for comprehensive financial assessment process.