What You Should Be Investing in And Why
Everyone wants to retire young with enough money to last a lifetime. The secret is planning, patience and perseverance. There are various options to invest your money but finding the right time and having the right plan are crucial.
There is no perfect investment plan that suits everyone. You should know what the best thing for you is. Only you know your financial situation and goals best. Here are the 8 most common investment options to choose from.
Direct Equity/Share
You become the shareholder of a company by buying partial ownership. Over the period you have the shares, your money will grow when the company grows.
You can buy shares by two methods:
By applying for shares that are offered in the public offering of the company. This is known as the primary market.
By buying shares that get listed on the stock exchange. This is called secondary market since you don’t buy directly from the company.
Pros:
- Highest rate of return
- Easily liquidated
Cons:
- They’re subject to market risks.
- They need to be monitored and reallocated regularly.
Mutual Funds
Mutual funds are more of an automated investment system when compared to equity. Here, your investment is a part of a pool of money. This is made up of other people’s investment as well.
Pros:
- Very high rate of return
- Easily liquidated
Cons:
- Subject to market risks
Starting A Business
Starting your own business is one of the safest investment options but it requires being an expert in chosen industry. Besides that, you also need a successful idea that will be implemented and expand over time. GTInvest experts know how to create and successfully conduct business in Ukraine. So, if you have a business project, experts will help make it real.
Pros:
- Freedom to change
- Unlimited income (potentially)
- Greater reward for high-risk
Cons:
- Time-consuming
Savings have to grow to beat inflation. The answer for that is investment. With investment options, no one solution fits everyone. Prioritize your financial goals and invest accordingly. Taking informed decisions and calculated risks is the key to ensuring that you have a solid investment plan.
