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All about How you can Grow your Money by investing?

All about How you can Grow your Money by investing?

 5 Basic Ways to Grow your Money in 2023 (For Beginners)

If you expect that this video will make you a millionaire without working hard, without earning or saving anything then you are at the wrong place.

But if you are like those people who are disciplined and can save at least Rs.500/- per month then today by the end of this video you will know exactly what to do to make your money grow.

So it doesn't matter if you can save Rs.500, Rs.5000, or Rs.50,000 per month because in today's video we are going to see The top 5 investment options. How to pick the best investment option according to you. To really understand what will happen to your money,

Let's analyze each investment option based on these 3 parameters.

  • Liquidity
  • Risk
  • Returns

With that understanding, let's now analyze the following 5 investment options.

  • Savings Account
  • Fixed Deposit
  • Health Insurance
  • Stock Market
  • Mutual Funds

What Is a Savings Account and How Do They Work?

In this video by The Ascent, we're going to explain what a savings account is, how they work, and how to decide if one of these accounts is right for you. A savings account is an interest-bearing account commonly offered by banks and credit unions. You put money in and your bank uses your funds to provide loans to other customers. 

Then, your bank pays you some of the interest it's earning every month as a thank you. Because banks count on a steady supply of deposits to do business, they can't have customers taking money out too often.  That’s why they normally don’t issue debit cards or checkbooks with savings accounts. Alright, so how much money can you actually make with a savings account? That depends on how much you keep in your account and what its annual percentage yield is.  Annual percentage yield, or APY, tells you the return you can expect on your money after it's been in your account for one year. Say you put $10,000 in a savings account and it earns a 1% APY. That means that after one year, your balance would increase by 1%, or $100. 

But what's really cool about savings accounts is your interest compounds year after year so you'll start earning interest on top of your interest. Now you have a balance of $10,100 and you'll earn another 1% APY in the second year. But this time, that 1% nets you $101 because you're earning interest on your initial $10,000 deposit and the $100 you earned last year. In year three, you'd earn 1% on your new balance of $10,201, and it just keeps building from there. Your savings account's APY depends on which bank you choose. Online banks can usually offer much higher APYs than brick-and-mortar banks because they don't have the expense of running a huge branch network. 

This is the way to go if you're trying to earn the most on your savings. Now, it might seem like a good idea to put as much money as you can in your savings account, but there are a few rules you should keep in mind.  First, your savings account isn't a great place for money you plan to use to pay your bills, rent, groceries, or any other recurring expenses. Keep that money in a checking account where you can access it easily without worrying about penalties.

A savings account also isn't a good place to store money you don't plan to spend for decades. The interest you earn in a savings account is nice, but you can do a lot better over the long term by investing your money in, for example, stocks, and shares.

What is a Fixed Deposit | Investment Basics? 

Fixed deposit (FD) is a low-risk investment option. It is particularly ideal for young investment beginners and others, whose incomes are not taxable. A fixed deposit gives steady returns at a fixed rate of interest. Invest a lump sum amount, for example, Rs. 10,000, for a specific period, such as for one-year, two-year or other, at the prevailing rate of interest, say 7%.

How do you make money from a fixed deposit (FD)? The money you deposit, known as the principal earns interest at the rate of interest at the time of opening your FD. Let's consider an example: Say you invest Rs. 10,000, for one year, at a 7% rate of interest, in an FD. Further, say that you opt to receive the interest amount when the FD matures. That is, at the end of the year. So, how much will you get at the end of the year? You will get Rs. 10,718.59.

How to grow money through a fixed deposit account

I'm going to talk about is a fixed deposit account the bank has a product called a fixed deposit account what is done is that if you have 1 million shillings and above you can go to your branch manager is here and tells me both we started our savings we have some money and want you to keep. it for us but I want you to give us a good interest we know that in the investment trap account that we have you can only give us up to 6.5 percent but you want more than you tell you, yes you give us that money we keep.

It is for you for three months or for six months or for 12 months if we keep it for you and you don't come and withdraw it we are going to give you a bit a better interest we'll give you h percent we'll give you nine percent we'll even give you up to ten percent depending on how much you are putting and how long you're keeping it with a bank are we're together which is what we call a fixed deposit account.

so the bank will get the money from your gift investment club account and take it off and they'll give you a certificate promising that they are going to give you 10% at the end of the app so at the end of the year 1 million will become 1.1 million.

I will together that is now money growing the risk someone was talking about risk the risk is very low because it is the bank keeping the money for you and if the bank paying you and a bank is in the business of making money secondly the bank is regulated by Bank.

Benefits of Fixed Deposit | Investment for Beginners

The benefits of a fixed deposit (FD) are many. In general, all banks offer fixed deposit services. Today, you can open an FD account from the comfort of your home, using your PC or a smartphone. Or, you can walk into your nearest bank branch and open such an account.

Let's look at a few of the benefits of an FD:

1.  Low-risk investment: If you have a low-risk appetite, FD is a great investment option. The safety of your principal, which is the amount you'll invest, is almost assured.

2.  Invest in an FD for a short- or long-term: You can invest in an FD for a duration as short as 15 days or as long as three years or more.

3.  Fixed and regular income: Every month or quarter, an FD gives you a steady income.

4.  Highly liquid: FDs are highly liquid. What it means is, you can close your FD account anytime you wish.  You can do this online or by visiting your branch. You can ask the bank to credit the FD principal and interest to your savings account. Or, you can choose to receive the amount by check. Be aware, however, your bank may levy a penalty, or apply a lower interest rate, if you close your FD account before it matures.

5.  FD is insured: The DICGC (Deposit Insurance and Credit Guarantee Corporation) insures your FD account for Rs. 1,00,000 (Rupees one lakh). If in the rare event your bank is liquidated, you'll receive a maximum of rupees one lakh from the DICGC.

6.  Interest Payout Options: You can ask the bank to pay the interest on your FD on a monthly or quarterly basis. Or, you can opt to get the interest when your FD matures.

7.  Take a loan: Need money urgently? If you have an FD, don't close it. Instead, take a loan on it. Your bank may give you a loan up to 75%-90% of your FD amount.

What is Health Insurance, and Why Do You Need It?: Health Care Triage

who is still waiting for his big-government giveaway? Unfortunately, insurance still costs money, and it's still really complicated. 

Aaron explains how the insurance system we have today came to be, and why most of us get coverage through our jobs. He talks about why we need insurance, which basically boils down to the fact that health care is really, really, really expansive. 

More importantly, he explains why you need to know what premiums, networks, deductibles, co-pays, and co-insurance are, and how they have to be considered in the true cost of insurance. Also, ground unicorn horn.

WHAT IS THE STOCK MARKET? | The Stock Market Explained

What is the Stock Market? | The stock Market Explained. In this, you are going to learn what the stock market is and how it works. Here we break down how to invest in the stock market even for beginners. 

You will learn how the stock market works, what is a market crash, what is a market bubble, and how to use the stock market to make money. 

This will be like your personal investing 101 class where you will understand what is a stock and why people invest in them. 

If you are looking for a stock market for dummies, then look no further, this video will teach you the basics of how stocks work.

Stock Market Basics for Beginners | How to invest in the Stock Market as a COMPLETE BEGINNER?

If you are like me, you’ve stayed away from Stock Market most of your life, thinking…But I am not a CA….What if I lose my money? Tch….I don’t do gambling. And you are right. Some people have lost everything in the stock market. But it has also made some people very rich.

People who lose money in the stock market want to kill it on their first day. They are like Loki, who tried to kill Thanos without any preparation and hence died as soon as the movie began. But if you want to make money in the Stock Market, you need to build an Armour of knowledge, you need a strong technical platform like Jarvis, who can tell you what’s happening in the market, but most importantly, you need patience. Basically, you need to be Iron Man.

So if you are like Loki, please close this video, because I cannot save you from the Stock Market. But, if you want to be the Iron Man, then I’m your girl.  So it doesn’t matter if you don’t have a finance background or if you’ve never invested before….today by the end of this video, you’ll know exactly what you need to do to make money in the stock market for Beginners!

So in today’s video, I am going to tell you Today’s Agenda: 

  • Why should you invest in Stock Market?
  • What is Stock Market and how does it work?
  • How to pick the best Stock Broker?
  • But most importantly, in the end, I’ll give you a Bonus Tip to make sure that you get successful in the stock market business.

What is a Mutual Fund | by Wall Street Survivor

A mutual fund is a professionally managed investment vehicle that pools money from many investors to purchase securities (stocks, bonds, money market instruments, etc.). A money manager then decides how the funds are invested so you don’t have to – but you pay for it. A mutual fund’s management and operational fees, known as the management expense ratio (MER), are deducted from the return on your investment.

While it is tempting to think that a mutual fund is a hedge fund…it’s also incorrect. Mutual funds aren’t hedge funds because mutual funds can be sold to the general public - unlike hedge funds.

There are many kinds of mutual funds: 

  • Specialty funds that focus on the particular market sectors (energy, health, etc.)
  • Index funds (which track a market index like the S&P 500)
  • Real estate funds

What are Mutual Funds and How to Select and Buy Mutual Funds

The problem with investments is.… Property prices are too high. FDs interest rates are too low. And you don’t want to buy jewelry.

But what if I tell you that there is a solution. Yes, I’m talking about Mutual funds. The same ones are subject to market risk, so you need to read the scheme related document carefully before investing. :)

But WHAT is this risk? How are people still making money with Mutual Funds? I know you had all these questions and more when you clicked on this video. So, ladies and gentlemen, it’s okay if you don’t know anything about Mutual Funds because, in today’s video, we are going to see…

Today’s Agenda:

  • What are Mutual Funds and what are the different types?
  • 4 Rapid Fire Facts that you must know before getting started.
  • A step-by-step tutorial where I’ll show you how to buy a Mutual Fund using Zerodha’s Coin.
  • And towards the end, I’ll give you a Bonus Tip that’ll help you convert your time into actual money. 

Just so that we are clear, no Mutual Fund is sponsoring this video. So I don’t care which MF you choose. I’ll just give you the right information as if I am talking to my younger siblings about investments. And I hope it helps you learn something too.

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