Why I started this blog?

Friends, 

First, I thank all our visitors for looking at my blog. This is my first post which I thought will give an over view of this blog as to why I made this blog. I am not an expert and I don’t want to be like one advising on the popular TV channels for purchasing some specific stocks or MF(short of Mutual Fund) for huge return. This blog I started to guide and educate people who are hardworking, looking for options, goes online and offline in search of earning money or growing money for meeting some of the predefined objectives of the people. But they don't find one. And if they find one, they don’t know when, where and how to start. This step I will make easy for all of us thru my blog because I want to be a guide for the people. I will help in telling the details of the options available, their pros and cons, history of those investment as to how well they have fared in the market and what are the prospects of these investments. So that all of us can decide which one is good for us based on their past and present performance and prospects in coming days.

There are various ways thru which one can earn money like job, work at home, freelancing, investment in some asset class, FD, post office savings accounts, etc. Now, if we look at the first three option, they earn us real cash after which we invest those cash or money in various asset class like shares, mutual fund, fixed deposit, savings accounts, ULIP(short of Unit Linked Insurance Plan), etc., to grow our money which ultimately means we are earning the money. While shares and mutual funds are market linked so they bear some risk. It is wise to consult the professionals who deal with these financial instruments on day to day basis. Again, you will be thinking shares and mutual funds need big money to invest. But friend, these days we can start as low as Rs.500/- monthly or quarterly or annually. There are things like stock SIP and MF SIP where we can start as low as Rs.100/- per month for purchasing 1 or 2 unit of any shares which is below Rs.50/- each. What will happen is when we do this over a long period of time, we get the benefit of time and economic growth. Here, we must keep one thing in mind, whether we do monthly or annually, we should be regular to gain the maximum benefit out of the market. There are lots of other ways to earn money in long term as well as in short term. Some of them is described below to get an overview of the options available to the people:

Short Term options:

1  - Savings Bank Account

2  - Short Term Fixed Deposit

3  - Mutual fund – for Short period of time

4  - Recurring Deposit

5  - Treasury Bills

6  - Company deposits

7  - Purchase of government securities having maturity of 365 days or less than that

8  - New IPOs, meaning Initial Public Offerings

9  - Other options are purchase of gold, silver, Commercial Papers, etc.

Long Term options:

1  - Fixed Deposit/ Term deposit

2  - Mutual Fund

3  - Equity Shares

4  - Bonds

5  - NPS – National Pension Scheme

6  - PPF – Public Provident Fund

7  - Investment in real estate

8  - Government securities

9  - Sukanya Samriddhi Scheme

10- Other options may be ULIP, etc.

So many other options are there in the market for people. But the above-mentioned ones are popular among people.

We will discuss each of them in details from my next post. Ultimately, my final aim is to educate all the common people about the financial instruments available in the market.

Guys, please visit every day to gain maximum knowledge about money making or growing money.

Thank You!