Explorer
Advertisement
Investment Tips: FD, Gold Or Share Market, Where Should You Invest? Know Most Profitable One In Past Year
Post office schemes and Fixed Deposits are great options in terms of security. At the same time, a large number of people also prefer investing in gold and the stock market.
Investment Tips: Before investing, one needs to consider two aspects of investment, Return on Investment and Safety. Your investment could yield returns only if it is safe. An investment that is unsafe can never yield good returns.
Post Office and Fixed Deposits (FDs) are considered the safest investments. Apart from these, people also prefer investing in gold and the stock market. Let us tell you which investment option was the most profitable in the past year.
Share Market
- The stock market has definitely skyrocketed in the past year.
- In the last year, investors got the highest amount of returns from the stock market.
- The Sensex has gained about 38.9 percent in the last year.
- Many stocks multiplied investors' money in a single year.
- Due to all these reasons, the stock market has dominated the rest of the investment options.
FD
- FD interest rates have declined a lot in the last few years. This is the reason why people like to invest less in it now.
- In the last year, investors have earned an average of 5.1 percent profit on Fixed Deposits, far less than returns from the stock market. However, Fixed Deposits are now a strong option from the point of view of investment security.
Gold
- Gold has given negative returns in the last year.
- Its return for the last year has been -4.72 percent.
- Gold had reached a record high in August last year, while this year it is about Rs 8500 cheaper than last year's record level. This means that gold rates have fallen this year and investors have been at a loss.
Post Office Investment Scheme
- Post Office PPF investments have yielded 7.1 percent returns this year, while some other Post Office Schemes have even yielded higher returns.
- Post Office Investment Schemes are absolutely safe for investment but are behind the stock market in terms of returns.
Follow Business News on ABP Live for more latest stories and trending topics. Watch breaking news and top headlines online on ABP News LIVE TV
View More
Advertisement
Trending News
Advertisement
Advertisement
Top Headlines
India
Election 2024
Cities
World
Advertisement