To invest small money is the part of your wise thinking. If you have not enough money to complete your all basic needs. Still, if you think to invest your small money instead of consuming all, I think, it is your great thinking. One side you will save your small money and other side, you will get its big reward. But you should more careful of your risk. If you invest your small money, it may lose. So, be careful about this. In this content, we will teach the steps to invest your small money safely.
1. Make the Habit of Small Saving Before Investing
Yesterday, my friend went to Doctor for checking her wife's health. She is pregnant. So, Doctor is demanding Rs. 2000. He had not Rs. 2,000 in hand. He went to ATM where is just Rs. 3000 which is just Rs. 1000 more. Doctor may take Rs. 5000. So, it is very difficult to get debt for this purpose. It may be case of shame and insult. Why did this situation come? Reason is very clear. Such friend is consuming his money when he gets the money. So, bank account reaches zero. Such friend can not classify their basic need and luxuries. If you are one of him, you can change yourself by making the habit of small saving. It is not issue whether you save $ 1 or $ 10,000. But it is important, you have the habit of saving of fixed amount every month. You are human being and you can make any habit. It may be good or bad. To consume whole money is bad habit. Stop to follow this and follow new habit of saving money.
2. Cover All Your Risk Before Losing of Your Investment Money
If you will invest your small saved money, it may face lose because there is risk in it. So, before taking risk, you should save some fund for paying your basic needs for one year. Because one year is enough to come out from the stress of lose. If your all basic needs will fulfil, your stress will be less than a person who did not care to fulfill his basic need and invest. If that person will face the lose of his small money which got after hard work in many days, he will surely do not tolerate this. So, before investing your small money, save money for fulfilling basic needs for one year. You can also invest this money in FD of Govt. banks.
3. Learn to Better Invest Before Investing Small Money
Today, there are lots of investment frauds and scams. These frauds and scams are almost every industry whether it is insurance sector or bank sector or real estate. So, you should learn these scams. Lots of people who lost their money in these investment frauds aware other through their websites and internet forums. Study all these websites, blogs and forums. You have earned your small money by doing your business or service in 30 to 40 years, cheaters can take this money if there is small greed in your mind. So, control on your greed. Never capture yourself, if anybody is offering to give big reward on your small money, create the doubt of scam in it. Search it online. Learn, learn and learn before investing is best solution to invest better way. You will get also knowledge different best companies. You should also learn the accounting and study of financial statement, it will be helpful to know the financial position of any company before investing money in the same company. So, you can take better investment decision.
4. Know the Different Options of Investment
There are lots of different options of investment. If you have only Rs. 100, you can not buy the property or shares. Because for invest in these options, you need huge investment. So, if you save Rs. 100 every month. Deposit it in Recurring deposit account of bank for One year to five years. If you have invested Rs. 100 every month in the RD account, you will get Rs. 1500 in year and in five years you will Rs. 10,000 with interest. Now, invest same money in Govt. FD. You will get 9% interest on it. In 5 years, your Rs. 10,000 will become Rs. 15,000. Now, you have enough money to buy the second computer to start your service business. If you have learned computer, you can give the coaching to other. You can give your services relating to computer. Today, I have 4 computers and one laptop but it is from my first investment of Rs. 30,000 in computer. In past, computer rates were more than today. But this small investment in the right time and using same one computer for providing coaching and then started online business. Today, same computer's investment have given me enough money to me for survive my whole life. So, remember my tips.
a) If you have very small money. Collect it enough in govt. banks for buying any machine for starting your own small scale business. Only business will increase your money in small time.
b) To invest your small money in share market without enough knowledge is just to play the gambling. Never become gambler.
c) Invest your small money to get higher education. It is best investment. One of my friend did B.Com, after this, he married and started his mobile business but he did not get success in it. So, he again tried to get govt. bank job. So, he cleared the test and interview. Now, he is bank officer. It is only possible because he invested money in education. All other business may fail but higher education's investment will give your great return in long period.
1. Make the Habit of Small Saving Before Investing
Yesterday, my friend went to Doctor for checking her wife's health. She is pregnant. So, Doctor is demanding Rs. 2000. He had not Rs. 2,000 in hand. He went to ATM where is just Rs. 3000 which is just Rs. 1000 more. Doctor may take Rs. 5000. So, it is very difficult to get debt for this purpose. It may be case of shame and insult. Why did this situation come? Reason is very clear. Such friend is consuming his money when he gets the money. So, bank account reaches zero. Such friend can not classify their basic need and luxuries. If you are one of him, you can change yourself by making the habit of small saving. It is not issue whether you save $ 1 or $ 10,000. But it is important, you have the habit of saving of fixed amount every month. You are human being and you can make any habit. It may be good or bad. To consume whole money is bad habit. Stop to follow this and follow new habit of saving money.
2. Cover All Your Risk Before Losing of Your Investment Money
If you will invest your small saved money, it may face lose because there is risk in it. So, before taking risk, you should save some fund for paying your basic needs for one year. Because one year is enough to come out from the stress of lose. If your all basic needs will fulfil, your stress will be less than a person who did not care to fulfill his basic need and invest. If that person will face the lose of his small money which got after hard work in many days, he will surely do not tolerate this. So, before investing your small money, save money for fulfilling basic needs for one year. You can also invest this money in FD of Govt. banks.
3. Learn to Better Invest Before Investing Small Money
Today, there are lots of investment frauds and scams. These frauds and scams are almost every industry whether it is insurance sector or bank sector or real estate. So, you should learn these scams. Lots of people who lost their money in these investment frauds aware other through their websites and internet forums. Study all these websites, blogs and forums. You have earned your small money by doing your business or service in 30 to 40 years, cheaters can take this money if there is small greed in your mind. So, control on your greed. Never capture yourself, if anybody is offering to give big reward on your small money, create the doubt of scam in it. Search it online. Learn, learn and learn before investing is best solution to invest better way. You will get also knowledge different best companies. You should also learn the accounting and study of financial statement, it will be helpful to know the financial position of any company before investing money in the same company. So, you can take better investment decision.
4. Know the Different Options of Investment
There are lots of different options of investment. If you have only Rs. 100, you can not buy the property or shares. Because for invest in these options, you need huge investment. So, if you save Rs. 100 every month. Deposit it in Recurring deposit account of bank for One year to five years. If you have invested Rs. 100 every month in the RD account, you will get Rs. 1500 in year and in five years you will Rs. 10,000 with interest. Now, invest same money in Govt. FD. You will get 9% interest on it. In 5 years, your Rs. 10,000 will become Rs. 15,000. Now, you have enough money to buy the second computer to start your service business. If you have learned computer, you can give the coaching to other. You can give your services relating to computer. Today, I have 4 computers and one laptop but it is from my first investment of Rs. 30,000 in computer. In past, computer rates were more than today. But this small investment in the right time and using same one computer for providing coaching and then started online business. Today, same computer's investment have given me enough money to me for survive my whole life. So, remember my tips.
a) If you have very small money. Collect it enough in govt. banks for buying any machine for starting your own small scale business. Only business will increase your money in small time.
b) To invest your small money in share market without enough knowledge is just to play the gambling. Never become gambler.
c) Invest your small money to get higher education. It is best investment. One of my friend did B.Com, after this, he married and started his mobile business but he did not get success in it. So, he again tried to get govt. bank job. So, he cleared the test and interview. Now, he is bank officer. It is only possible because he invested money in education. All other business may fail but higher education's investment will give your great return in long period.
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