Investments cannot be classified as good or bad. Its just that, there is no one-size-fits-all approach to it. Something, which might have earned you a fortune, might not suit your friends. So, instead of listening to others, it is suggested that you make your own judgment. We have listed 20 products, which you should think twice about before parking your money.
Real Estate
You buy a house for `two crore hoping that in the next ten years it will grow tenfold. But after paying offthe EMI, taxes, renovation and maintenance, the net profit in hand is usually much smaller than you expect. Buying a house makes sense if you are living on rent. However, it should not be viewed as a long-term investment. Besides, as contrary to popular belief, real estate gives you only about 10 to 12 per cent return, unless you are super lucky.
Precious Metal
Pulling offa Scrooge McDuck and dipping into a pool of gold coins might be an ultimate fancy, but gold and silver sitting pretty in your vault does not add value to your investment. On the other hand, if the same fund is invested in human capital or a lucrative business model, it can create immense wealth. The entire concept of capitalism is based on this theory. However, there is a good side of investing in physical gold too. It can be looked at as a hedge insurance that can save you during times of political or economic unrest. But other times, it is a lousy form of investment.
Experts Speak:
It acts as hedge insurance during political or economic unrest. Other times it’s a lousy investment
Precious Stones
If you are about to spend a fortune on a Tiffany’s rock, think through before it’s too late. Popularity of precious stones picked up 15 years back as sleek jewellery became a rage among youngsters. But it is on a downturn again. And re-sale value of diamond or other precious stones is very low. Unlike precious metals whose price might shoot up during time of distress, precious stones show no such trends.
Expert Speaks: Bad investment
Cryptocurrencies
この記事は Outlook Money の October 2018 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Outlook Money の October 2018 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Stay Ahead Of AI-Powered Cyber Fraud
AI has become an integral part of our lives, right from customer service at banks to insurance claims. But it has now become a powerful arsenal for the fraudsters too who are increasingly using AI to scam individuals and corporations alike to commit fraud. The key is to stay vigilant
Travelling To Europe? Pack In The Essential Covers
Smart travellers must know that insurance is a must-have. From essential health coverage to theft protection and trip interruptions, know what you need for a worry-free Europe trip
How To Spend Wisely This Year-End
We all spend during the year-end. But the trick is not to overspend or borrow, either from friends, or your own investment, to fund your indulgence. Maintaining balance is the key
Travel Now Pay Later (TNPL)
Travel now, pay later (TNPL) is a close cousin of the more popular buy now, pay later (BNPL) schemes.
12 Books Devina Mehra Loved Reading In 2024
Listing books of her choice, among the ones she reads during the year, is ace investor Devina Mehra's favourite year-end activity. She says it's a daunting task to pick around 12 books from a list of 50.
Here's How To Avail Of Ayushman Bharat Yojana
Launched in 2018, the Ayushman Bharat Yojana aimed to provide health coverage to targeted benefi ciaries from the Socio-Economic Caste Census (SECC) 2011, based on deprivation and occupational criteria.
'Focus On The Business, Assess If You Want To Be A Partner For 10-20 Years'
Professor Sanjay Bakshi, a value investor, behavioural economist and adjunct professor at Flame University, Pune, gives his unique perspective on how to choose a stock, in an interview with Nidhi Sinha, editor, Outlook Money, as part of the Wealth Wizards series. He also shares his learnings from role models Warren Buffett, Charlie Munger, Benjamin Graham and others, and how being a chartered accountant, economist, investor and teacher make him into what he is today. Edited excerpts from the interview
The New Trump Card For IT, Pharma
Donald Trump has been re-elected as the 47th President of the US after a gap of four years. Here's how it will affect the Indian markets and how it will benefit sectors such as IT, pharma, export-oriented sectors and others
European Sojourn
Tight on budget? Dump the popular European destinations for the little-known wonders that are equally attractive
Gold ETFs And FoFs
While Indians love to invest in physical gold, even mutual funds offer the option, but in paper format.
