Whereas one ought to rejoice love daily, Valentine’s Day is a good purpose to rejoice simply that further bit. One of the vital frequent gestures to indicate your appreciation in your family members is to present them presents.
Whereas roses and goodies are fairly frequent, this yr, why not rejoice a bit in another way?
How a few reward (or a gift) that retains on giving? One that may not solely last more but additionally safe your companion’s future.
Listed below are 5 presents that you would be able to give your companion this Valentine’s Day to financially safe their future.
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SIPs
Systematic Funding Plans are an funding choice that’s gaining plenty of recognition currently. In case you are involved in mutual fund investments however don’t need to make investments a lump-sum quantity, SIPs are good for you.
You’ll be able to make investments an quantity as little as Rs. 100 per thirty days and even get tax advantages on this. Safe your companion’s future, save taxes, and inculcate monetary self-discipline all on the identical time. Do these elements make SIPs an ideal Valentine’s day reward?
We predict so!
Direct equities are one other nice choice. You should buy shares of reputed corporations which have a historical past of doing nicely financially and provides that to your companion.
You wouldn’t have to buy numerous shares should you can not afford to. However it’s important that this determination is taken solely after thorough analysis. Keep in mind that direct equities are fairly a dangerous funding choice. Go for shares from corporations which have a demonstrated historical past of fine returns.
In case you are a risk-averse investor, then mounted deposits are an awesome choice to spend money on. You’ll be able to make investments any quantity that you’re snug with and provides this to your companion.
Whereas the rates of interest fluctuate from one financial institution to a different, the method of opening an FD account is extremely simple.
Life is unsure however your companion’s monetary state of affairs doesn’t need to be. This Valentine’s Day, take a name to safe his/her future by getting an insurance coverage coverage. There are many choices to select from – life insurance coverage, time period insurance coverage, medical insurance, and many others.
Sure insurance policies comparable to ULIPs supply a joint insurance-cum-investment plan. A very good rule of thumb to comply with is that your sum assured is not less than 10 occasions your annual revenue.
Had been you planning to purchase your companion a gold ring or perhaps a gold coin? Then you definately’re on track!
Not solely does gold have important cultural worth in India, it’s also an appreciating asset which implies that its worth will solely improve over time. This makes gold, in all its types, a worthy funding. It’s also possible to buy Sovereign Gold Bonds if you don’t want to purchase bodily gold.
Another choice, in case your price range is considerably increased, is to buy a property of their title. Actual property is a good asset to carry on to and even go on the following era making this an awesome V-Day gifting choice.
In Conclusion
Valentine’s Day is all about celebrating love in its many types. Investing and securing your family members’ monetary future is a good way to rejoice their existence in your life. So this yr, along with the flowers and desserts, why not go a step forward and make investments for them?
Which of the choices given above resonated with you? Do you might have different concepts like this?
Tell us within the feedback beneath.
