The recession hit all the countries of the world hard– India was no exception. The corporates suffered major cutbacks, a lot of people were out of jobs, and there seems to be no end to it. But everyone has come through it reasonably well, and now there is much more stability than there was a few years ago. People are now beginning to have good salaries again, and there is a general improvement in lifestyles of the average upper middle class people these days. A lot of people are beginning to have more cash than they can spend, and this is always good for the economy.
What to do:
Now that the money has begun coming in, the next obvious question is, what do you do with it? Naturally the first thought is to invest. But in what? Stocks are an option, but they are extremely tricky and can only be attempted by people who have been studying the market closely for a long time. Even then there are chances that you may fail. Then there is another class of people who feel that the bank is the best place for any extra money to be; similarly there are people who believe that the real estate sector is a good place to invest in; a good example of which can be the growing market of real estate Kochi which is emerging as a prime destination for people looking forward to investing in property in India.
Although in essence the idea of putting money away in a bank is a good one, these days’ people want to see faster results than a bank is capable of showing. A bank is no doubt the safest place for money to be, as there is no risk of you losing any money in any way at all. But then, taking into account the average rates offered by these banks, it can be estimated that money put in a bank becomes twice the original amount, in roughly seven years. These days the impulsive youth and the risk taking new generation are not willing to wait that long.
In case you want a faster solution, the best way to go is by investing in assets. For example, if you invest in gold, you can see he prices every day, and still be assured by the fact that even if the rate does not increase for a few days, the rate will certainly not decrease. This is one major advantage in investing in something like gold. Then there is land. Just like gold, the value of land, irrespective of where it is and in what condition, will certainly not go down. If at all there is movement, it will only be in the upward direction.
You can invest in land and be sure that you have used your money in a good way. Lad may double in three years, or two, maybe even one year depending on where it is. With a few informed choices and careful distribution of your money, you will soon realise that it is a great idea to invest in places where a lot of extra land is available in the form of trees and other greenery. When you take this point into account, you will see that real estate Kochi is an excellent idea.
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