Investment Tips: Money attracts money, this is absolutely true. However, for this you should know the right way to invest money, so that you can earn more profit in less time. Today there are many investment options available in the market, such as gold, share market, funds, real estate and crypto currency.

In such a situation, it is important to know first of all what are the advantages and disadvantages of which investment method because how much benefit you will get in future depends on this. In such a situation, let us know that if you have Rs 1 lakh, then where can you invest it, so that you can get double benefit in a short time.

Share market is a good option

Share market is a great place for investors. Here they get good returns on the invested amount. In such a situation, if you have a good amount of money then you can invest it in the share market. By buying stocks of good companies here, you can get double returns over time. Also, there is a possibility of doubling or tripling your money in one go because if the price of the stocks of that company increases 10 times then your profit will also increase. But there are a lot of risks in investing here, so invest in it only keeping this in mind.

real estate

Real estate is also a good option for investment. If you buy a property at a good location, its price may also increase with time. In such a situation, if there is excess money, it should definitely be invested in real estate. While investing money in this, it should be kept in mind that where you are buying property, basic facilities like electricity, water, roads and settlement should be good so that the price of land there increases quickly.

mutual funds

Mutual funds are also a good way to invest large amounts of money. Through this you can invest in the share market with less risk. In this, you can earn good returns over time through SIP (Systematic investment plan).

investment in gold

If you want to invest Rs 1 lakh then gold is a great option. Seeing the rising price of gold, most of the investors are also investing in it. There are more chances of its price increasing in the coming time and it can yield good returns. If you invest in gold today, you can become the owner of lakhs in the future.

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Best Investment Plan: If you are also dreaming of doubling your money through investment, three times or four times, then it is not enough for you to only invest money, but it is also important to invest and understand its mathematics.

There are some easy rules in the investment world, which can help you guess how many times your money will increase with a particular return. Out of these, the rule of 72, the rule of 114 and the rule of 144.

When will the money be double with the rule of 72?

This is the most popular rule that suggests how many years will it take for your money to double. The formula of this rule is very easy. Participate 72 from the annual interest rate. That is, if you invest 1 lakh rupees 8 percent annual return investment, then 72 ÷ 8 = 9 years. That is, it will take 9 years to double 1 lakh rupees i.e. 2 lakhs.

Understand the rule of 114

If you want to know when your money will be three times, then use 114 instead of 72. This rule helps you planning one step further. Think of it in such a way that if the annual return is 10 percent, then 114 ÷ 10 = 11.4 years. This means 1 lakh rupees will take 11.4 years to become 3 lakhs.

Understand the rule of 144

Now let’s talk about making the money four times. The rule of 144 is most suitable for this. You can find out by putting a return of your scheme in it, how many years the investment will be four times. That is, if the annual return is 12 percent then 144 ÷ 12 = 12 years. That is, it will take 12 years for 1 lakh rupees to become 4 lakhs.

How to use these rules?

These three rules can be used not only to estimate the future value, but also to prepare an investment plan. That is, if you have a special goal, such as the education of children, buying a house or retirement, then through these rules you can decide how much time you should invest in a percentage return scheme to reach that target.

Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

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