Investments are a Good way of multiplying your savings because of the Returns you get from investment schemes. There are a variety of investment schemes for example the stock market, Real estate and insurance investment plans. Which of these plans is the best and earns higher returns?
In my opinion the best investment plans are: Fixed deposit saving (bank) account: Fixed deposit bank accounts offer high interest. In my home country, fixed deposit saving acounts offer upto 14 percent per anum interest rates. Real estate: Even if the pricer does not go up you can stay in your property or rent it. Gold: Gold is the best investment option because it can ber easily converted to cash.
Fixed deposit accounts are also a good investment plan especially if you have a quite high sum of money. I have never tried it though. Personally I prefer investing in the stock market by buying government bonds because they are more secure than other bonds though they offer slightly lower returns.
