Saving and investing are two different concepts, where investing makes much deeper meaning. Investments are vital for a secured future for anyone.
Saving money in a bank
Although the term ‘saving’ is used here, this is an investment. Fixed Deposits and Savings Accounts offer you an interest rate and this is what you invest. It’s simple and doesn’t involve much risk.
Real estate investments
Investing in property and land is the new trend. Renowned property developers in Sri Lanka the likes of John Keells Properties offer the best investment opportunities in the country. The investment returns you can make are huge!
The value of gold keeps increasing, and this fact makes it a great investment tool. You just have to buy jewellery, a gold coin, or any physical gold tool, keep it with you until a good price pops up in the market, and sell it.
Alternative investment opportunities
Investing in Life Insurance policies and Government Securities (Treasury Bills and Bonds) are some other forms of investments that you can try out. If you are a risk-taker, you may also try out investing in a start-up business.