TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Ghaziabad Mayor Orders FIR Over Illegal 'Mazar'

    Ghaziabad Cracks Down on ‘Land Jihad’: Mayor Orders FIR Over Illegal ‘Mazar’

    From Magadh to Mumbai: Thackeray Roots Revisited Amid Raj-Uddhav Reunion

    From Bihar to Mumbai: Thackeray Roots Revisited Amid Raj-Uddhav Reunion

    All is not well within the ruling alliance in Jharkhand.

    Tensions in Jharkhand: Cracks Appear Between JMM and Congress, Raising Concerns for INDI Bloc

    Raj, Uddhav Push Marathi Agenda for Political Comeback

    Thackeray Cousins Reunite, Use Language Card to Stay Relevant in Maharashtra Politics

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India’s Forex Reserves Surge Past $700 Billion

    India’s Forex Reserves Surge Past $700 Billion, Close to All-Time Record

    Why GST Search Is Essential For Compliance In Modern Enterprises

    Why GST Search Is Essential For Compliance In Modern Enterprises

    Improving Communication and Collaboration in Distributed Teams: Strategies for Indian Business Analysts

    Improving Communication and Collaboration in Distributed Teams: Strategies for Indian Business Analysts

    Why Every Modern Retail Shop Needs Reliable Billing Software Today

    Why Every Modern Retail Shop Needs Reliable Billing Software Today

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Major Arms Seizure in Manipur Hill Districts

    Amid Ongoing Tensions, Security Operation Yields Major Arms Seizure in Manipur Hill Districts

    military reveals china-pakistan-turkey nexus during operation sindoor

    One Border, Three Adversaries: Indian Army Blasts China-Pakistan-Turkey Axis in Operation Sindoor

    INS Tamal marks the end of import of Indian Warships

    INS Tamal Marks End of Warship Imports as India Sets Sail on Atmanirbhar Bharat Path

    UK’s 5th-Gen F-35B Jet Grounded in Kerala Set to Be Airlifted After Weeks of Uncertainty

    UK’s 5th-Gen F-35B Jet Grounded in Kerala Set to Be Airlifted After Weeks of Uncertainty

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Sydney Protest Sends Global Message Against Hindu Persecution in Bangladesh

    Sydney Protest Sends Global Message Against Hindu Persecution in Bangladesh

    PM Modi Receives Trinidad's Highest Civilian Honour, Lands in Argentina to Deepen Strategic Ties

    PM Modi Receives Trinidad’s Highest Civilian Honour, Lands in Argentina to Deepen Strategic Ties

    when gandhi's statue was removed in ghana

    When Mahatma Gandhi’s Statue Was Removed in Ghana for Being ‘Racist’

    Empower the Global South: PM Modi

    Time to Reshape Global Governance, Empower the Global South: PM Modi

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    The Beginning of Devotion: History of the First Kanwar Yatra

    The Beginning of Devotion: History of the First Kanwar Yatra 

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    char dham yatra suspended due to bad weather

    Uttarakhand Suspends Char Dham Yatra Due to Adverse Weather, Prioritizes Pilgrim Safety

    Sanatan Mahakumbh Event Scheduled at Patna’s Gandhi Maidan

    Sanatan Mahakumbh Event Scheduled at Patna’s Gandhi Maidan on July 6

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Mental Wellness Rituals to Stay Calm, Focused, and Balanced

    Mental Wellness Rituals to Stay Calm, Focused, and Balanced

    India's Tour of Bangladesh Likely Postponed Amid Political Unrest

    India’s Tour of Bangladesh Likely Postponed Amid Political Unrest

    What Is The Best Way To Bet On Tennis?

    What Is The Best Way To Bet On Tennis?

    Pakistan Hockey Team Set to Visit India for Asia Cup 2025: First Time Since Operation Sindoor

    First Time Since Operation Sindoor ; Pakistan Hockey Team Set to Visit India for Asia Cup 2025

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Ghaziabad Mayor Orders FIR Over Illegal 'Mazar'

    Ghaziabad Cracks Down on ‘Land Jihad’: Mayor Orders FIR Over Illegal ‘Mazar’

    From Magadh to Mumbai: Thackeray Roots Revisited Amid Raj-Uddhav Reunion

    From Bihar to Mumbai: Thackeray Roots Revisited Amid Raj-Uddhav Reunion

    All is not well within the ruling alliance in Jharkhand.

    Tensions in Jharkhand: Cracks Appear Between JMM and Congress, Raising Concerns for INDI Bloc

    Raj, Uddhav Push Marathi Agenda for Political Comeback

    Thackeray Cousins Reunite, Use Language Card to Stay Relevant in Maharashtra Politics

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    India’s Forex Reserves Surge Past $700 Billion

    India’s Forex Reserves Surge Past $700 Billion, Close to All-Time Record

    Why GST Search Is Essential For Compliance In Modern Enterprises

    Why GST Search Is Essential For Compliance In Modern Enterprises

    Improving Communication and Collaboration in Distributed Teams: Strategies for Indian Business Analysts

    Improving Communication and Collaboration in Distributed Teams: Strategies for Indian Business Analysts

    Why Every Modern Retail Shop Needs Reliable Billing Software Today

    Why Every Modern Retail Shop Needs Reliable Billing Software Today

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Major Arms Seizure in Manipur Hill Districts

    Amid Ongoing Tensions, Security Operation Yields Major Arms Seizure in Manipur Hill Districts

    military reveals china-pakistan-turkey nexus during operation sindoor

    One Border, Three Adversaries: Indian Army Blasts China-Pakistan-Turkey Axis in Operation Sindoor

    INS Tamal marks the end of import of Indian Warships

    INS Tamal Marks End of Warship Imports as India Sets Sail on Atmanirbhar Bharat Path

    UK’s 5th-Gen F-35B Jet Grounded in Kerala Set to Be Airlifted After Weeks of Uncertainty

    UK’s 5th-Gen F-35B Jet Grounded in Kerala Set to Be Airlifted After Weeks of Uncertainty

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Sydney Protest Sends Global Message Against Hindu Persecution in Bangladesh

    Sydney Protest Sends Global Message Against Hindu Persecution in Bangladesh

    PM Modi Receives Trinidad's Highest Civilian Honour, Lands in Argentina to Deepen Strategic Ties

    PM Modi Receives Trinidad’s Highest Civilian Honour, Lands in Argentina to Deepen Strategic Ties

    when gandhi's statue was removed in ghana

    When Mahatma Gandhi’s Statue Was Removed in Ghana for Being ‘Racist’

    Empower the Global South: PM Modi

    Time to Reshape Global Governance, Empower the Global South: PM Modi

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    The Beginning of Devotion: History of the First Kanwar Yatra

    The Beginning of Devotion: History of the First Kanwar Yatra 

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    Kanwar Yatra: Four Devotional Paths, One Divine Destination

    char dham yatra suspended due to bad weather

    Uttarakhand Suspends Char Dham Yatra Due to Adverse Weather, Prioritizes Pilgrim Safety

    Sanatan Mahakumbh Event Scheduled at Patna’s Gandhi Maidan

    Sanatan Mahakumbh Event Scheduled at Patna’s Gandhi Maidan on July 6

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Mental Wellness Rituals to Stay Calm, Focused, and Balanced

    Mental Wellness Rituals to Stay Calm, Focused, and Balanced

    India's Tour of Bangladesh Likely Postponed Amid Political Unrest

    India’s Tour of Bangladesh Likely Postponed Amid Political Unrest

    What Is The Best Way To Bet On Tennis?

    What Is The Best Way To Bet On Tennis?

    Pakistan Hockey Team Set to Visit India for Asia Cup 2025: First Time Since Operation Sindoor

    First Time Since Operation Sindoor ; Pakistan Hockey Team Set to Visit India for Asia Cup 2025

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

What Are the 5 Best Financial Planning Options for A Beginner

Mahima Kalra by Mahima Kalra
26 August 2022
in Finance
What Are the 5 Best Financial Planning Options for A Beginner

Representational Image

Share on FacebookShare on X

Investment is an important habit which should be cultivated by everyone at an early age. There is a wide variety of investment options available. However, the risk appetite is also a factor to be considered. For a beginner, it is better advised to go with the low-risk profile plans. There are several options available, one such example is the fixed deposit. Before investing in a plan, it is better to examine all your options and their pros and cons. Let us explore various investment plans for a beginner investor-

Fixed Deposit

Fixed Deposit (FD) is considered one of the best investment options for beginners. This is because an FD offers you a good interest on the invested amount with low to no risk involved. All you need to do is open an FD account with your preferred bank. Fixed deposits come with predetermined interest rates and fixed tenures. In case of an emergency, you can withdraw the money by paying a penalty fee.

RelatedPosts

India Retains Top Spot Among Global Investment Hubs for Land and Development Projects

Understanding the differences between BTC season and altcoin season

Crypto Trading Signals Explained: A Comprehensive Guide

Load More

Benefits of a fixed deposit:

  • Get a fixed return on the amount invested
  • Zero risk associated with the fixed deposit
  • Market fluctuations have no impact on the fixed deposit
  • Investors can avail loans and credit cards against fixed deposits

Things to keep in mind when investing in a fixed deposit:

  • There’s a penalty on premature withdrawal
  • The interest rates vary from bank to bank

Savings Account

A savings account is a risk-free account where all you have to do is open a savings account with your preferred bank and start investing money in the account. The bank will offer a certain interest on the balance, and this interest will add to the savings in your account. You can relax and see your money grow over time. However, you must know that interest through a savings account is not too high since the risk associated with it is also zero. 

Benefits of a savings account

  • No risk associated with the savings account
  • You can invest and withdraw money anytime as per your needs
  • Pay for bills without any hassle by using debit or credit cards

Things to keep in mind when opening a savings account:

  • You may be required to maintain a minimum balance
  • Be aware of the service charges
  • Compare the interest rates of different institutions before making a decision

Mutual-Funds

Mutual funds are a popular platform for investment, not only for beginners but also for experts. Mutual funds can be a great option for starting a good and positive investment future. There are various brokers that offer highly organised mutual fund investment plans. In a mutual fund, the funds from various investors are collectively invested, and the profits are distributed among the investors in the proportion of their investment. You get to choose from a plethora of options to invest in. 

Benefits of a mutual fund

  • A mutual fund investment offers liquidity. This means that you can take out your invested money at any point
  • You can choose from a diversified portfolio and make the best decision
  • You get the guidance of an expert who pools money and invests smartly for higher returns
  • You are not obliged to invest a huge amount of money at once. You can choose to invest in small amounts with complete flexibility

Things to keep in mind when investing in mutual funds:

  • Different kinds of mutual funds will have different levels of risk
  • The returns you get do not stay constant

ETFs

For a beginner, an ETF (Exchange-Traded Funds) is one of the safest ways to start an investment career. This is because the risk associated with an ETF investment is low, and it offers you a diversified portfolio with a myriad of stocks and securities options. Investing in ETFs can also give you tax benefits.

Benefits of ETF investments:

  • You get several options to choose from. The diversified portfolio also gives you to freedom to make a better decision
  • The price of an ETF holding is updated and changes throughout the day, unlike a mutual fund
  • You can also trade in Future and Options with ETF

Things to keep in mind when investing in ETF:

  • ETFs generally come with an annual fee
  • Invest in ETFs that have a greater liquidity

Pension Schemes

A pension scheme is a form of investment plan which acts as a retirement fund. It is one of the easiest and low-risk profile investment options introduced by the Indian government. Next to a fixed deposit, pension schemes are another most popular and highly chosen investment plan. With minimum and regular investment, you can expect a steady source of income post your retirement. 

Different types of pension schemes are-

  • NPS: National Pension Scheme
  • EPF: Employee Provident Fund
  • PPF: Public Provident Fund
  • Annuity Plans, etc. 

Things to keep in mind when investing in pension schemes:

  • Make sure you factor in inflation
  • It is advisable that you stick to guaranteed returns
  • The pension amount should cater to your expenses 
  • Tax implications must not be ignored

Conclusion

Investment at the beginner level needs to be low on risk. Build your risk appetite slowly and steadily towards high-risk investments further in the future. Fixed deposit is one highly preferred option followed by various others like mutual funds, ETFs, etc. Choose from the plethora of options available and make a wise decision considering your investment capabilities and risk appetite. 

Tags: FinanceInvestmentRetirement Planning
ShareTweetSend
Previous Post

India should opt for Heron TP drones instead of US’ MQ-9B

Next Post

Munawar Faruqui created the Telangana chaos

Related Posts

Why Smart Money Flows Into the Dow Jones: Your Gateway to American Excellence
Finance

Why Smart Money Flows Into the Dow Jones: Your Gateway to American Excellence

29 June 2025

Representing thirty of the most significant firms in the country, the Dow Jones Industrial Average is one of the...

What Is a Demat Account? Use It With an Online SIP Calculator to Maximize Returns
Finance

What Is a Demat Account? Use It With an Online SIP Calculator to Maximize Returns

22 June 2025

Most people in India are now seeking intelligent means of investing their money. Perhaps the most common and reliable...

How a Compound Interest Calculator Can Boost Your Returns in India?
Finance

How a Compound Interest Calculator Can Boost Your Returns in India?

8 June 2025

A compound interest calculator helps Indian investors see how their money grows over time by calculating interest on both...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

Murugan Wave Rattles INDIA Bloc, Triggers Reactionary Meet in Madurai

Murugan Wave Rattles INDIA Bloc, Triggers Reactionary Meet in Madurai

00:08:10

Rage on stage: why a police officer resigned quit after CM's outburst

00:03:40

Right to religion vs duty to identify: where should India draw the line?

00:04:34

Junior Kharge Calls to Ban RSS Amid Karnataka Congress Civil War!

00:10:02

Kerala Muslim Groups oppose Zumba classes for School Children

00:07:21
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap

©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited