Akash Maurya
Let’s be truthful. What makes you want to make an investment?
Let me ask you a question.
Which would you prefer: working hard all your life or earning more money?
Like you, most people want to live with their loved ones, have peace of mind, and be financially secure. Moreover, prudent investment is a need, not a luxury.
This blog is not intended for finance enthusiasts. Regular people, workers, students, and entrepreneurs who haven’t started investing yet but aren’t sure where to begin are the target audience.
Why don’t we make our lives simpler?
- Stock Market: It Doesn’t Seem All That Scary
When people hear about the stock market, they think it’s dangerous. I fear losing my money!
The truth is that the stock market is one of the greatest ways to increase wealth if one knows the basics and keeps investing over time.
You have to realize that you can’t expect to make money right away. This is gambling, not investing.
Look for trustworthy companies with a good history. Think about Infosys, HDFC, TATA, and so forth.
Put your money into several different industries; if one doesn’t work out, the others will.
For instance, installing Groww, Zerodha, or Upstox will make your investment easier.
If you are a total novice, start with mutual funds or SIPs. Give it to professionals and get guidance.
- Gold Real Estate, but Old School
Most people will tell you about their experience buying a small plot or apartment a few years ago that has since grown into a substantial asset if you ask your parents or other family members.
Real estate is safe, but it takes time.
Consider it this way: Invest in developing markets, development zones, universities, or areas adjacent to roads.
Examine all ownership, legal documents, and approvals; take your time.
Rent it out if you can. A monthly income plus increasing value is the equivalent of a double benefit.
This is a fantastic choice if you have initial funds and are seeking a long-term investment.
- Cryptocurrency: Intriguing and Wary
In relation to cryptocurrency, it is the most popular trend at the moment.
That’s fantastic, isn’t itโSolana, Ethereum, Bitcoin, etc. Yes, many people have lost a lot of money on it, but many people have also made a lot of money.
What steps are you expected to take?
Start out small. To get started, even 500 rupees will suffice.
Profit from reliable exchanges such as WazirX, CoinDCX, and Binance.
Since cryptocurrency is more than just moneyโit’s also technologyโit is imperative that you read up on it before making any purchases.
I personally suggest using a secure wallet (Metamask, Trust Wallet) to safeguard your coins.
Crypto isn’t a lottery. It’s a harsh environment. Stay informed.
That’s sufficient. What would be the best thing for you to do today?
Get going.
That’s all. Don’t wait for the ideal time, less risk, or more money.
As little as 1000 rupees a month can make a big difference in your financial future.
Nobody ever becomes wealthy overnight. People do indeed become wealthy, but only after a process of education, perseverance, and hard work.
I’m not telling you to put the money into something or make a blind investment. I’m advising you to make plans, acquire knowledge, and start small.
You deserve financial freedom, it is concluded.
To invest, you don’t need to be an expert in finance.
A little courage, curiosity, and dedication will suffice.
At Wealth Vision, we think financial education ought to be straightforward, useful, and applicable.