Can my money be put to work for me?

After receiving my first job offer letter, I believed that earning money was strictly tied to working a traditional job, starting a business, or selling products and services. I thought that financial success could only come from these conventional paths. This mindset was prevalent among many of us because financial education was something that neither my school nor college, nor my immediate environment, provided.

On my second day at the new job, we convened for a session led by a bank representative tasked with setting up our salary accounts. It was during this insightful meeting that I was introduced to the captivating world of mutual fund investments. Taking my initial steps into the investment realm felt almost intuitive, though somewhat unconscious. Despite the modest sum involved, it marked a significant milestone as my first venture into investing. The timing of when to commence the investment journey is often debated. From my perspective, it's about seizing any available funds, whether earned through hard work, received as a gift, or stumbled upon fortuitously. Within three years, my investment grew by 2.5 times.

The happiness and confidence I experienced led me to take the plunge into the stock market. However, one crucial element was missing: the importance of investing with adequate market knowledge. It's vital to mitigate risks to ensure sound investment decisions. Unfortunately, my lack of understanding resulted in an 80% decline in my portfolio value due to underperforming stocks. This setback discouraged me from further exploring investments, as I witnessed significant losses.

Through my exploration of various investment avenues, I've gained valuable insights into the financial world. However, amidst this journey, I've uncovered a trove of lesser-known options that hold significant promise. These include strategies such as FRE (Fractional Real Estate), invoice discounting, partnerships with large investment firms, asset leasing, lending , participation in SBGs (Souvenir gold bond), and even ventures into farm house investments. These avenues offer the potential to yield substantial returns, typically ranging from 10 to 20% annually. They stand apart from conventional investments like land purchases or placing funds in fixed deposits, mutual funds, or stocks. While fixed deposits serve as a safety net for unforeseen circumstances, I advocate for allocating the majority of funds towards investments that not only generate returns but also fulfill tax obligations. Yes minimum investment starts with 10k.

When we invest our money wisely, taking into account our knowledge and risk tolerance, it has the potential to work for us.