We humans, always want to accomplish all of our life goals as quickly as we can, despite the fact that patience and discipline can lead to superior results. The same is true with investments. In the shortest length of time, we want to generate the highest return possible. We constantly search for the greatest investing strategies that would allow us to double or triple our money. For that, we sometimes depend on consultants. There are so many best investment consultants in Kerala, especially in Kochi.

Usually, the investment plans are long-term, medium-term, and short-term. Let's look into each in detail;

Best Investment Plans For Long-Term
Your long-term objectives are those that you intend to accomplish within around ten years. Because of this, you could choose solutions that are volatile but have the potential to provide big returns over the long run.

Let's examine several investment possibilities that might meet your long-term investment goals, the risks they pose, and the potential returns they hold.

Direct Equity:- Investing in equities is one of the finest strategies to build wealth for your long-term objectives. There are numerous instances of equities that over time have increased investors' wealth. In conclusion, while stocks have enormous long-term growth potential for your money, they also carry a sizable amount of risk. Direct investment is possible in company stocks. Finding the correct stocks, however, is the true difficulty. Additionally, choosing the proper stocks is undoubtedly difficult given that there are more than 5,000 stocks registered on Indian stock exchanges.

Equity Mutual Funds:- Getting professional assistance and diversifying your assets across several equities are two ways to lower the chance of avoiding wealth-destroyers. Equity mutual funds can be useful in this situation and there are several Investment companies in Kerala to help you out in such situations. Stocks are where equity mutual funds primarily invest. However, they don't focus all of your funds on a single or a few stocks. Your assets are diversified across several stocks thanks to these funds. More importantly, these funds are managed by qualified fund managers. So they only invest your money after conducting a sufficient investigation. It consequently raises your chances of generating profitable returns over time.

There are a few more long-term options like real estate, Gold, a small savings scheme, etc.

Best Investment Plans For Medium Term
Around five years from now are considered to be medium-term ambitions. For instance, medium-term goals could include putting money down for a down payment on a home, a wedding, a home makeover, etc. You need investment options that can beat inflation by a sizable margin while also not being overly volatile for such medium-term financial goals. These investing solutions can help you achieve your financial objectives over the medium term.

National Savings Certificates, Post Office time deposits and debt funds for the medium term are some of the best options coming under this title.

Best Investment Options For Short Term
Two crucial factors must be taken into account when searching for the best short-term investing plans. The risk to the invested funds must be reduced first. Second, you need to have easy access to your investments. Let's examine the investing possibilities that can accomplish these two goals.

Bank Fixed Deposits:- Due to the guaranteed returns, this is one of the most popular investment alternatives in India. FD operation is fairly straightforward. You place your money in the bank, which guarantees that at the end of the term you will receive a specific return on your main investment. FDs are among the safest forms of investing, but they have some serious drawbacks. FD post-tax returns hardly kept pace with inflation. This implies that if you invest in FDs, you are essentially getting negative returns and gradually losing wealth. Additionally, FDs charge a fee if you take your money out before they mature. FDs' low liquidity is a serious drawback as a result.

All of the investment products that we have so far explored take varying amounts of risk and aim for varying rates of return. All of your financial needs cannot be met by any one of the investment products. You must carefully construct a portfolio of various investment products based on your risk tolerance, time horizon, and expected returns in order to attain your goals. However, determining your risk profile, suitable investment options, the best exit strategy, etc. is never simple. To handle these important investing decisions, you require ongoing advice from a professional. And that's when a consultant can be of use. Better Life Financial Solutions is one of the several best investment consultants in Kochi.