Valentine's week special: These 5 investments could be a perfect gift for your partner
The Valentine's week has started and we are just a week away from the Valentine's day. Choosing the ideal gift for your partner is never an easy option and this year could be your chance to do something different. People prefer gifting accessories, dresses, gadgets, flowers, etc. However, gifting an investment can be a great gift for a hassle free and a financially stable life of your closed ones. Here are the 5 best options this Valentine's day, to put your money in:-
1. Equity Stocks:
Equity stocks can be good option for gifting. The markets have given handsome amount of returns to the investors as compared to other options. However, for gifting an equity stock, one needs to open a Demat account and transfer the shares later. (Pixabay)
2. Mutual Funds:
Mutual funds does not require to open a Demat account. It is easy and affordable to invest in mutual funds. Gifting a long term SIP to your loved one can be great option this Valentine's. (Pixabay)
3. Insurance plan:
Insurance is mandatory to secure an individual's life. Gifting a medical insurance plan, health benefit plan, LIC insurance scheme can be a very good option for your loved ones. (Pixabay)
4. PPF:
Public Provident Fund has a return of 8 per cent p.a. PPF is highly secured and safe to put money. (Pixabay)
5. Gold bonds:
Government's Sovereign Gold Bond Scheme can be a great option to gift. It not only fetches you a fixed return of 2.50 per cent p.a but also protects your gold investments from theft or natural calamities. (Pixabay)