Earning Better Returns on Investment Using the Best Trading App

Introduction

Today’s world is crumpled with economic, social, and environmental uncertainties. And in such times of instability, inflation rates (rising prices of everything around us) are gradually eating up all our savings, making us poorer with each passing day. Therefore, it becomes very important for you to shift away from cash stockings and bank deposits.

If you do some research and look through it carefully, you will find that the return rates on your fixed deposits and recurring deposits in the bank are usually lower than the inflation rates. This means that your hard-earned money’s value is falling instead of going up. One can only imagine the losses you might be making on the liquid cash you have. So what alternative do you have to combat this seemingly complex problem? How do you make sure that the returns on your earnings are thick and are helping you reach your short- and long-term goals?

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The investment world is fair to those willing to take that extra step and go a mile beyond. Many financial instruments cater to your needs and financial goals, provided that you have the proper guidance and the best platforms at your disposal to execute your finance strategy.

The following article will give you insights that will help you identify the best investment instruments and the right places where you can look to use those instruments.

Financial instruments that will unlock your earning potential like never before

The following are some of the financial instruments that can unlock the value of your hard-earned money in the best possible manner using the market forces and expert guidance in your favour. The only prerequisite is that you have to become more proactive and determined to earn.

• Mutual funds: A mutual fund is a fund/company that collates money from like-minded investors in a shared pool. Under the supervision of an expert fund manager, this money is invested optimally in equities(stocks), bonds, real estate investment trusts (REITs), etc, depending on the nature and strategy of the fund itself.

1.1) Systematic investment plans (SIPs) for mutual funds: To become a disciplined investor, it is essential for you to invest your money in a mutual fund through a systematic investment plan (SIP) that invests your money periodically (monthly, yearly or quarterly) depending on your goals and needs.

• Trading: Trading manifests itself as the prime form of capitalism. And you can leverage this tool to earn exponentially through smart means. In the internet world, trading is completely done online, especially since it demands acute awareness, access to information, and proactiveness at the click of a button. All you need is a broker account and some basic financial market knowledge to start your trading journey. Although, on the flip side, trading can also damage the value of your money if done the wrong way.

• Stocks: Stocks or equity are pieces of corporation assets that you own and hold, making you a partial owner of the said corporation. The more stock you hold in the corporation, the stronger shareholder you are. Hence, the impact of profitability or loss of the company is directly proportional to the strength of your ownership in it. Therefore, it is recommended that you should do your fair share of desktop and primary research before deciding to buy stocks of a corporation.

• Investing in index funds: Index funds can be mirror images of a financial market index such as Nifty-50 or Nifty next 50. So basically, it means that you are free from all the homework of manual selection, and your investment performs with the flow of the market. All you need to do is choose the right market index, and you are good to go.

• Real Estate Investment Trusts (REITs): If you are interested in real estate but either don’t have sufficient funds to invest or don’t want to get into the hassle real estate buying brings in, then the new Real Estate Investment Trusts (REITs) are the perfect investment instrument for you. REITs are asset agnostic in the sense that they can help you buy a variety of real estate properties like commercial buildings, plots, houses, etc, infractions.

What can be the right way to start your investment journey?

Everything is said and done, and which financial instrument you should start your investment journey then. The good news is that we came up with two: mutual funds and trading. You can track the best mutual funds for SIP to help you reach your financial goals in the timeline you want. If you’re going to start your trading journey, we have the best app for trading through which you can ensure that you earn huge profit margins in no time.