- 2 JAN 2018
Best investment options with high returns in 2018
After having worked hard to earn, why invest in investment products with low returns when you can enjoy higher returns? An ideal financial plan is one which allows for investing in products that yield high return over time. High returns equal more savings, and savings is what matters to achieve a financially secure future.
There are numerous investment options available in the market, but only a handful provides high returns. High returns don't necessarily mean a high-interest rate. It means that you invest your money in products that can multiply your principal amount by a huge margin.
For a financially secure future and to increase your savings, you can consider investing in the following investment products:
- Equity: Investing in stocks can be highly risky, but can provide a high return in the long term. If you are careful enough and have done through research, you can make huge profits in the share market. Keep in mind that the share market is highly volatile. It would be wise that you consult a financial adviser before investing.
- ULIP: Considered as one of the best savings plans, a ULIP provides you with benefits of an insurance and a financial product. You can choose the funds of your choice and can invest a certain portion of your premium in them. A ULIP provides you with high returns in the way of regular returns on your investments and a death or maturity benefit. Apart from the traditional ways, it adds to your overall return by way of Ulip tax benefits as you can save a huge amount of tax under section 80C and 10(10D).
- Endowment policy: Endowment insurance policy is a savings plan which provides you with lump sum amount at the end of maturity of the term or in the event of death. In return for paying a little amount regularly as premium, you are provided with high returns as a lump sum amount. This amount can be used to cover all the unavoidable and unexpected expenses which otherwise will drain all of your savings.
- Cryptocurrencies: With Bitcoins being all the rage today, you know that cryptocurrencies are set to be a bigger thing in the future. Early 2018 will bring more clarity and regulative management in the field, thereby increasing investor confidence.
- Real estate: Real estate can appreciate multifold in its value in just a few years. You can buy a house or a flat today and can get high returns after selling it in the future. After introduction of RERA, it is one of the safest and fastest ways to earn a high return on your investments.
Edelweiss Tokio Life provides you with best investment products that can yield you high returns in just a few years. All of our products come with the option of adding riders to customize them according to your lifestyle. Tax benefits are also available under section 80C and 10(1D).
- 24 DEC. 2018
Reasons why life insurance makes a perfect Christmas Gift!
You may have gifted accessories, clothes, and even gadgets in the past but how about gifting a promise that secures your loved ones forever? Here’s how a life insurance plan can serve as a perfect gift this Christmasread more
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