Before we start with investment options we need to know the concept of Risk vs. Return.
Risk means the Chances of Losing Money. The money you are investing today you should remember that the money can go off also. And returns means what you are earning from that investment. If you understand risk and returns then you need to know that there are three types of investments.
1) High Risk High Returns
2) Low Risk Low Return
3) Medium Risk Medium Return.
If you take high risk your returns will be high.
If you take low risk your return will be low. And if you take medium risk your risk will be medium.
Due to this concept some people fear of losing money and run away from investment. But if you need to take care of your money you need to know regarding investments. Let’s see the options