| Millionaires have millions of dollars but don't have the | | | | These plans come with guaranteed returns that may |
| time to spendthem. A common man has tons of time | | | | have a lock-in periodof 1-5 years depending on the |
| but doesn't have the money to spendit. Every person | | | | plan chosen by you. Some of themguarantee a 30-50 |
| on this planet is looking for strategies to maximizehis | | | | % return. |
| wealth. But is there one best strategy to maximize | | | | Invest in real estate |
| your income? | | | | Real estate is one of the most promising assets one |
| Everyone's on the hunt for the answers. The very | | | | can have in hisportfolio. Real estate prices keep |
| prospect of making moneydraws people of all ages. | | | | increasing with time. The value of realestate usually |
| Yet none of them has figured out the one besttactic | | | | never depreciates. There is also a huge chunk of |
| to do it. | | | | profitto be made from its trade. Successful real estate |
| Yet, one thing to be kept is mind is that there are a | | | | stories have beenmade here. |
| heap of optionsoffered in the market. One can | | | | Invest in life insurance contracts |
| guarantee himself, safer returns throughvarious | | | | Life insurance is a contract wherein a person close to |
| investments present in the market. These can add | | | | you iscompensated by the insurance company on the |
| value to yourpersonal finance. Here is a list of valuable | | | | event of your death. You arerequired to pay a monthly |
| options a person caninvest in: | | | | premium and are asked to fill in the names of |
| Invest in stocks | | | | yoursuccessful nominees who will have the right to the |
| Investing in initial public offers and open market shares | | | | money that theinsurance firm will have to compensate |
| can turn outto be handy. The primary step is to hire a | | | | in case of your death. This policy isof low risk and will |
| broker who can help you. Ifyou have sufficient | | | | keep your loved ones safe even if you happen todie |
| knowledge of finance you can study the company | | | | suddenly. |
| youwish to invest in, all by yourself. | | | | Investment in bullion |
| You can earn from their dividends of by trading them | | | | Gold, silver and other metals are the most popular |
| in the stockexchange. If you want to shoe away the | | | | ones to deal andinvest in. These are ever green |
| broker online trading can provehelpful. | | | | investments and can ensure a steady incometo a |
| Invest in mutual funds | | | | person trading in these. |
| Mutual funds being a pool of stocks can turn out to be | | | | Various other options |
| less risky. | | | | Various other options like treasuries, corporate bonds, |
| These days various banks offer mutual funds for as | | | | securities,depository receipts, preferred stocks, |
| low as Rs 50 and | | | | municipal bonds, common stock, etccan be invested in. |
| Systematic investment plans (Sip's) are a good way to | | | | These investments are low-risk investments and |
| maximize your earnings. | | | | cangenerate huge incomes for you. |