One step ahead towards your investment goal: Check out the best ways mentioned here:

To go in the direction of long time investment zone, you can first have the glimpse of Compounding. You might be familiar with the fact, how compounding  and Long term investment are interconnected. Let me elaborate to convey the same in an easier way.

Generally we know, Compounding is equalized as addition of interest to the principal sum of deposit.  No one can seek financial goals overnight, one needs to have patience to eventually reach the investment goal. That would be ascertained and can be acquired over a period of time. This can be also be understood with the help of the popular saying of Warren Buffett.

“Someone is sitting in the shade today because someone planted a tree a long time ago.”

Practicing the compounding technique can be beneficial for you, to know more read here

• • In order to reap positive returns in the future, one must understand the advantages that may take place after certain period of time. If you invest today or able to reinvest dividend at around 4% can create a good difference when you retire from your occupation.

• • Buying stocks for the long term lets you experience the  compounding and its effects. Your ability to put your profits/outcome over time to produce even higher returns decides, how well you know the power of compounding. For an instance, if simply keeping a 4% yield will double your money in around 40 years, you may assume that as a phase of no dividend or stock price growth. If that value would be reinvested again into more stocks of the same type, that investment potential would be twice of the earlier value in even lesser number of years!

• • The aspects presented here, are mainly to give a brief of Top 10 ways, you may use to accomplish the financial goals.  Investment for long time can be a good option to serve the following purposes: Education, Purchasing an asset, Marriage or some other financial goals in your mind right now .

We know, you must have the basic idea of where to invest. But, you can also explore here to know it better. To attain the long time investment goals, Top 10 ways are:

Life cover:

Take the example of ULIP(Unit linked insurance plan), it is a life insurance product that provides risk cover for the policy holder and also avails investment options to invest in various market segments such as bonds, stocks, or mutual funds. In the single combined plan, one can utilize investment part and the security part according to desired situations. Keep in mind, that Insurance and investment both plays substantial part in building a long term investment plan.

In short, the Life cover may help your family in the future with satisfactory financial support in your absence, if any mishap occurs. As the nominee of the same, will get a lump sum amount to secure the future. Insurance provides financial security to you or your family while investment is to raise your capital.

 

Gold Investments:

For a long time, gold has been chosen as the best physical asset to invest in. It depends on you whether you invest in gold for a long time or short period it’s definite that, you will receive some returns. The gold prices may have sudden increase or all eventually. Moreover, it’s an asset with zero counter party risk. You can also put money on this segment in the form of Gold ETFs, Gold Deposit Scheme, Gold Mutual funds etc. Also, gold has been a popular investment option since very long time. Subsequently, it is handy too and presents better results.