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Best Investment Option for Middle Class ppt

Having professional people and business people in the middle class Compare Insurance Plans as well as their families, the middle class lies between the high class and the working class. Investing options available to middle class families are diverse. The most effective way to achieve financial goals is to create a good investment plan that is systematically implemented during the period of time that one has set for himself or herself.<br><br>https://www.reddit.com/user/okbimaofficial/comments/zlpli7/best_investment_option_for_middle_class/<br>

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Best Investment Option for Middle Class ppt

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  1. BestInvestmentOptionforMiddleClass Havingprofessional people and businesspeople in the middleclass Compare Insurance Plansas wellas their families, themiddle class lies betweenthe high class andthe working class. Investingoptions available to middle class families are diverse.The most effective way to

  2. achievefinancial goalsis tocreate agood investmentplan thatis systematicallyimplemented duringtheperiod oftime thatone hasset forhimself orherself. InIndia, thereare someoptions availablebut beforeinvesting youshould considera fewfactorsthatcanhelpyouintakingawell-informeddecision 1.Liquidityneeds 2.Investmenttenure 3.Risklevels 4.ReasonofInvestment 5.Returnoninvestment 6.Rateofinflation 7.Taxbenefits Therearetwotypesofinvestmentoptionsavailable: • Lowriskinvestmentoptions • Highriskinvestmentoptions Lowriskinvestmentoptions 1.PublicProvidentfund: · Oneofthe highlysecuredoptions developedtoencourage thecultureof savingsamongthecitizensofthe country. · Itis along-term investmentplan runby thegovernment ofIndia whoinvests infixedincomesecurities. · Investinginthis typeofaccount allowsinvestorsto earnmultipleinterest ratesonaccumulatedfunds,andinterest earnedistax-freeaswell. · PPFaccounts can also be opened in post offices and banks for as little as Rs.1000. · A15-yearlock-in periodis includedwiththe PPF.Themoney canbe withdrawnafter the 6th year,however. Further renewals for five years are availabletotheinvestor. 2. SeniorCitizensavingsscheme:

  3. · Thegoal isto provide aregular incometo the seniorcitizens ofthe country whoareabovetheageof60years. · Alsoallthose whotook voluntaryretirement betweenthe ageof 55-60years areincludedinthisscheme. · Thisscheme is availableall over thecountry in post offices and certified banks. · Thekeyfeaturesare: Thelock-inperiodis5years. TheminimumamounttostartthisschemeisRs.1000. c. ThemaximuminvestmentlimitthatispermissibleisRs15,00,000. Theschemecanbefurtherextendedby3years. Thisisashortterminvestment ascomparedtoaPPFaccount. 3.FixedDeposits: · Thesimplestand thetraditionalform ofinvestmentamong themiddleclass populationofourcountry. e · Ifyou arelooking for alow riskinvestment option, thenfixed depositsare th safestoption. · Currently,a rate of interest that is being offered on this scheme is approximately6%perannum. · Peopleprefer to investin this schemeas the interestrate is higherthan that ofasavingsaccount. · Themainattractionsare: Thereturnsareprovidedatthetimeofmaturity. Fdscomewithcumulativeandnon-cumulativeinvestmentoptions. Theinvestorcantakeadvantageof thislowriskinvestmentoption quarterly,semi-annuallyoryearlyinthecumulativescheme. Theexemptionslimitsareonthe highersideforseniorcitizens. Theinterest rate varies from bankto bank across cities and thetenure is also taken into considerationintheinterestrate. 4.NationalPensionScheme(NPS) · NPSisa retirementplanfor Indiancitizens between18-65years ofage. · Theattributesofthisschemeare:

  4. a. Theinvestorisallowedtowithdraw 60%ofthetotalinvested amountwhichisatax-freecorpus. b. The40%of thecapitalis receivedasregular incomefromthe Pension Fund Regulatory and DevelopmentAuthority. c. This40%helpsin themaintenanceofa cashflowthroughoutthe entirepostretirementperiod. d. Thisisone ofthebest longterminvestment optionswhichhelps youintax-saving.BuyInsurancePolicyOnline HIGHRISKINVESTMENTOPTIONSFORMIDDLECLASSFAMILY 1. EquityMutualFund: · Theidealisticmarketlinkedinvestmentplanforouraamaadmi. · Itisaninvestment optionwithhigh returnswhichcan alsoovercome inflation. · Theinvestorhas severaloptionslike large,mid,small capsorindex fundsoracombinationoffundstoinvestin. · Eachinvestmentoptionisdesignedtoprotectyourcapitaland generateastablereturn. · Mostlythereareassetmanagementcompaniesthatmanageyour profile.Thesecompaniesinvestingovernmentsecurities,treasury bills,governmentbondsandothermarkettools. 2. UnitLinkedinvestmentplan(ULIP): · Theseplans offer adoublebenefit whichisinsuranceandinvestment inasingleplan. · Thisisa verygood investmentoptionas it offers impressivereturns oninvestedamountsbutriskisalsohigh. · Eachpolicyorplanisdividedintoparts Onepartissavedforinsurancepurposes Secondpartis usedtofloat inthemarket aslinkedinstruments.

  5. · ULIPplanshave aminimumof 3to5 yearsoflock-in periodwhere youcannotwithdrawanyamount. · Furthertheinvestorsgetataxexemption. · Youhaveto takenote thatULIPplanshaveacomplicated structureof expenditurewhichamiddleclass personcannotunderstandeasily. 3.DirectEquity: . Ifyou arelooking toinvest for along termthen direct equityis the perfectoptionforyou. · Thistype of highrisk plan offers goodreturns if you investfor a longer time. · Withtheadditional benefitofowning therightsin anorganization,the investorisentitledtogetashareofdividendsandbonuses. 4.Cryptocurrencyinvestment: · Thenewestformofdigitalinvestmentiscryptocurrency. · Bitcoinanddogecoinaresomeofthepopulartypes. · Thesearehighlyvolatileinnature andthevaluekeepsfluctuating overaveryshortperiodoftime. · Beforeinvesting,onehastounderstandallthegovernment-related rulesandregulations. Everymiddle-class person shouldinvest but he/sheshould be thoroughwith all thepros and consof every investmentoption. For moreinformation, you canconnect with thewell-read team ofokbima.com.Growyourmoneyand coverallyourfutureexpenses.

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