My employer prohibits investing in individual investments, i.e. most investments apart from collective investment schemes.
What would be the best way to invest my money safely?
The term investment refers to the asset which is acquired with the motive of appreciation and generating income. The investments are considered just like the commodities that are purchased today but used to create wealth in the future.
Answer and Explanation:
The following are the best options or the best way to invest the money safely:-
- Debt mutual funds
- Equity mutual funds
- Direct equity
- Public provident fund
- National pension system
- Bank fixed deposits
The main objective of the investment is to generate additional money and income with the minimum risk factor. All the above are the best investment plans which provide a good return with managed risk.
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from Economics 102: MacroeconomicsChapter 4 / Lesson 5