Best investment options for below 30 years old


Everyone wants to know that where should He or She invest hard earned money. There are many mutual fund sellers and other such contacts but you are not finding it that helpful. That is the reason we have created this list for you where you will get an idea about the best possible options to invest your money.

Let’s start the list and I am sure by the end of this article you will have a clear idea of some good investment options.

NPS : National Pension Scheme is one of the well-known investment option and you should invest in this because it will give you regular income post retirement. This is in place for Central Government employees by default. Others can voluntarily opt for NPS. If you are planning your retirement early then you can apply for NPS. This is a boon for private sector employees who will retire. It also gives tax benefit under section 80CCD(1B) which is INR. 50,000 addition to the 1.50 lakh under 80C. Minimum contribution is INR. 500 and maximum contribution is no limit. In past decade it has been noticed that this sceme gave between 9% to 12% annualized returns. Portion of NPS goes to Equity and you are even allowed to change your fund manager if you are not satisfied with the performance.

PPF : Public Provident Fund is one of the best investment option by Government which gives multiple benefits like tax benefit under section 80C, no tax on interest earned and no tax on the maturity amount. So, it is a triple tax benefit investment option. You can even take loan against PPF. Maximum amount of loan will be 25% of the 2nd financial year preceding the year in which the loan was applied. The lockin period is 15 years but you can do partial withdrawal after 5th financial year. You can also use PPF account as pension scheme if you do no extend the contribution and earn interest on the existing amount at a rate of 7.1% per annum. For example, if you have 1 Crore in your PPF account then as per 7.1% per annum you will get interest income of Rupees 8.5 lakh yearly. This will act as your pension income of 8.5 lakh per year. Minimum investment is Rs. 500 and maximum investment is Rs. 1.50 lakh per year.

Stocks (Long Term) : Stock Market investment is risky only if you invest in those stocks which are of those companies which are not fundamentally strong. Always go for the best companies when you are choosing stocks. Stock Market can give you amazing returns if you stay invested for long term. You must have heard from many experts that big money is made only in long term investment and that is 100% true. Now look at stock price of Titan or MRF and you will understand the power of staying invested for long term. Along with the stock price you also get dividends and sometime bonus shares. Wipro’s dividend itself is so amazing that few people are using it for their regular expenses.

These are some of the major investment options that you should do before you touch your 30s. Hope this post will be helpful for you.


About Guest Blogger 189 Articles
Pankaj Sharma is a blogger and Youtuber. He often writes and makes videos on Online Money Making ideas and also guide his followers about Stock Market investment. He is writing and making content from past 4-5 years and JaldiMoney is one of the place where he writes frequently.

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