10 Oct LIVE THE DREAM- RETIRE AT 40 & TRAVEL THE WORLD
When the realization hits you strong that life is quite too short to be living away at your workplace, toiling day and night-stop and question yourself-is this how you want to spend a major part of your adult life? Are you sure that you can wait till your 60’s to live your dream of exploring the world? Let us show you how an early retirement is not just a possibility but a feasible one by making the best investments.
Investments are quite tricky and require your most attentive decision making- because even one single brilliant investment can make a huge difference to your net worth. You will have to take into consideration the potential and duration of returns as well as the associated risks. Listed below are the best investment plans following significant researches and keeping in mind, the current state of the economy.
Invest in a PublicProvidentFund . For young investors, it is a safe and reliable long-term investment plan that has the added benefit of being tax-free. The earnings you make are through compound interest; however, your investment cannot be called back for at least six years in this method.
RealEstateInvestment could be considered as the next best investment option given it is a quick growing and constantly developing sector- whether commercial, housing, retail or so. The risk is rather minimal here as the value of a piece of land can always be expected to increase over time- thus a very wise choice for early, long-term investment.
Investing in the share market is always a wonderful gamble; the returns make it very attractive-especially for long-term plans. It is similar to an investment in Gold- the returns can shoot up to very high values at any time- it needs to be constantly watched out for- not reliable but with luck a sure way to get that money you need for retirement.