How to make money in 2023: Gold, MFs, FDs or property – Top investment ideas explained
According to Adhil Shetty, passive index fund is the right investment choice for a small investor, with a strong track record of their history. He feels they are also a relatively risk-free option for consistently growing wealth. Shetty also talks about the benefits of investing in a Systematic Investment Plan (SIP).
Top Investment Ideas 2023 – Savings, Gold, Real Estate or Term Deposits? Explain
When asked about the property’s outlook for 2023, he explained that while buying a home to live in makes sense, even emotionally, over the past few years, it hasn’t emerged as an investment. best investment.
In an extensive interview, Adhil Shetty talks about how diversifying too many assets can work for a seasoned investor, but a small investor should stick with options. choose relatively little risk. He also discussed a lot about the prospect of gold compared to a gold ETF, and how fixed deposit with guaranteed rate of return is a good wealth generating bet for the elderly.
Finally, he answers the most important question – with EMI increasing due to RBI‘S repo rate increase, if you prepay your loans or look to invest more money. Watch this episode of TOI Wallet Talks and make an informed decision on the best investment options for your money in 2023.