पैसे से पैसे कैसे कमाए, दो नंबर से पैसा कैसे कमाए?,लाखो रुपये कैसे कमाए, कम समय में पैसे कैसे कमाए, घर पर रहकर पैसे कैसे कमाए, बिना पैसे के पैसे कैसे कमाए, रोज पैसे कैसे कमाए, fd alternatives, what is better than fixed deposit, better return investments , alternative to fd for monthly income, short-term investment options better than fd, short-term investment plans for 6 months – It is said that you should be aware of all the earning options or money growth options to grow your investments or savings to beat inflation and the necessities of life. If you hold certain savings then comparing to higher riskier investments people prefer to invest their money in fixed deposits which is considered as a safer investment . But fd interest in reality are not capable in beating the inflation and the money growth .
If you want to grow your money with a better option than fd or some other investment options , then in this article we shall be discussing more about how you can earn money from your own money , what ways you can grow your money faster and whether compounding in this earning system works or not . Also , you should be holding minimum Rs 1 lakh to make investments in below options .
Why investment growth is important ?
If you are placing your deposits in fixed deposits , then you will earn a fixed interest amount on your deposits and if you take withdrawal of the interest in your account then you will receive the actual amount of savings you made in your account back.
For instance , if you make Rs 5 lakh fd for 5 years then on interest withdrawal , you will receive Rs 5 lakh only after 5 years .
But suppose in the year of Fd , 1 litre milk costed Rs 60 and after 5 years 1 ltr milk costed Rs 105 , then automatically your 5 lakh will be valued less after 5 years. To beat such inflation , it is necessary that you must invest in more returning options beating the inflation .
Is compounding still working ?
Compounding is a concept of earning on your earnings , which means if you make a fd and do not take interest in your bank account then you will earn interest on your interest amount also which makes you earn with compounding.
But still compounding does not work if your earnings stops or you are not able to earn more in future to make deposits further .
Compounding works only in investments like fixed deposits or debenture investments which provide a fixed payout and where payout is reinvested again. If not reinvested , then no return can be generated from returns earned from your deposits.
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How much investment is required to grow for 15% in a year ?
To earn a decent return on your investment , it is necessary that you must invest Rs 1 lakh in a better scheme or in share market or direct equity or mutual funds to earn decent returns .
Where if you do not have savings for Rs 1 lakh or more , then you cannot earn better return on your savings.
For more savings , you can start with small amounts like Rs 2000 per month and can make deposits in different post office schemes for a year or any other scheme . You can also make small chit groups to receive a decent saving amount and pay installments in it .
Should you still do a fixed deposit in 2023 ?
If you still do a fixed deposit in 2023 , in India it is considered as the safest investment to receive fixed return but it is better only for those who are senior citizens or are above age of 45 years who does return a fixed amount for their expenses . If you are in your 20s , then you can still invest in more riskier options to earn better returns.
If you are in good earning job , then you can save some fraction of your amount in fixed deposits , while some investments can be done in share market or mutual funds .
Ways you can grow your money to 15% in a year ?
You can use the following ways to grow money in your 30s or 40s to get a yearly return of 15% :
- Invest in small properties
- Invest in direct equity (buy midcap stocks )
- Invest in mutual funds for minimum 2 years and leave it untouched . Do SIP not Lumpsum .
- Invest in equity in lumsum.
- Invest in Gold or Silver ornaments
- Invest in precious metals like Copper / Brass .
Side Passive Income Ways to Generate from Existing Savings
Once you invest your funds in equity or popular stocks , then you must wait for atleast 6 months to grow your money . It is essential , if your investment falls below 10% , then you must exit from such stock and you must also invest in stock which is near to its upper circuit.
Also , if you are investing in equity to receive better returns then it is necessary to view your investment daily so that you can book your profits and do not make losses in share market on your investment . While doing this you can also follow the passive income sources :
- Start Youtube Channel
- Create a Website
- Start a Facebook Channel
- Sell products on Youtube / Social Media Channels
How much savings is required per month to survive till 2050 ?
Considering a view of inflation rate in the last few years , then it an be observed that in every 20 years inflation rises by 10% where if you were buying something for 100 in 1960 , then it was costed Rs 1000 in 1980 and in 10000 in 2000 and 200000 in 2020. So , it is necessary to grow funds by inflation rate of 10%.
If you are earning a salary of Rs 1 lakh per month and your expenses are Rs 25000 per month then you can save upto Rs 40000 per month . The corpus required every year to survive based on such inflation rate for next 30 years , then the expenses for a single person can be managed under Rs 2 crore .
What projected inflation can you get upto year 2050 ?
The inflation compared to 2023 to 2050 will rise from 7% to 18% in 2050 based on last decade observations where inflation increased rapidly . Also , it will depend on the technology and demand of the generation where the inflation rate can also rise by 25 to 30%.
This would mean that your current value of 1 lakh would be 30 lakh in 2050.
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So , it is necessary that you should know the different investment options and financial schemes of banks and share markets like life cover products to meet expenses of retirement . If you invest in equity and in better stocks which are performing since long , then you can earn better returns from such stocks quickly.