Everyone out there wants to be rich in life. Living in luxury is not that difficult if a right approach on right time is adopted. Warren Buffett, world's richest investor says, "The best investment you can make is an investment in yourself. The more you learn, the more you'll earn.'' Investments are considered as plants that can fetch you fruits, once they turn into trees. This is why a person should always start investing as early as possible. Most investors want high returns as quickly as possible with minimum or no risk of losing the principal amount invested initially. This is why many of them choose shortcuts or fall in traps. However, it remains a fact that investment products that give high returns with low or no risk do not exist. Returns are always inversely related to the risk involved in investments. 

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Diversification of the portfolio is the key to earn more throughout life. Here are the best options to invest in 2019 and grow your money fast:

1. Equity shares: 

Indian stock markets have given huge returns to investors. However, it is true that the equity market is highly volatile and risky to invest. It requires perfect study, stock analysis, market timing, understanding news etc. Markets are generally driven on the basis of demand and supply in sectors or stocks, news, policies, events etc. Equity markets have a 1, 3 and 5-year average return of 8 to 14 per cent depending upon the portfolio of an individual. However one should never work without fixing a stop-loss to limit expected or unexpected losses. 

Executive Director, Choice Broking, Sumeet Bagadia said, "An investor should never listen to anyone with no expertise and look for his\her profit and risk status during a trade settlement," 

2. Mutual Funds (SIP):

Mutual funds are the funds invested in stock markets by the fund managers or experts. Many SEBI registered managers like HDFC ICICI, SBI, Black Rock, DSP, Birla SL, Tata Equity etc are providing mutual fund services. An investor can start with a very little amount in the form of Systematic Investment plans (SIP), monthly fixed amounts. At present, mutual funds have given over 20 per cent average returns for 5 years, While 15 per cent average returns for 1 and 3 years, depending upon the category of the option and its time of holding. 

3. Gold:

Gold has been the most favorite investment option for Indians. People are investing in jewelry, coins, solid gold forms since ages. However. in a new age of technology, the option of digital gold is also open. People are shifting towards gold investments like Sovereign gold bonds, virtual gold, E-gold, as they save time, come with zero making charges, no storage tensions, and theft chances. However, gold has given over 13.5 per cent annual returns in the last 15 years according to data on BSE. 

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4. Bank fixed deposit:

Every commercial bank offers a facility of fixed deposits of different periods. It has a fixed rate of returns on a quarterly or half-yearly basis. Generally, the interest rates on fixed deposits remain between 6 to 7 per cent per annum depending upon periods and banks. It is highly safe, risk-free and liquid in nature, which is why most of the people prefer investing in FDs. However, interest earned on FDs is taxable under income tax slabs. 

5. Real estate:

Houses or properties are an expensive way of investing money but are not only meant for possessions, as they can help to earn solid. However, one should never consider a self-consumed house as an investment. Property not only appreciates but it can also be used to earn a rental income. Therefore, it is high return oriented asset class. The prices of real estate depend on various factors like location, market trend, policies, credit availability etc. However, it is highly liquid in nature and seeks a lot of documentation beforehand. 

“To support long term resources, Budget 2019 should encourage ‘A’ rated NBFCs and HFCs to issue retail bonds to the public. This requires an exemption from maintaining 25 % DRR," said MD & CEO of Aadhar Housing Finance Ltd, Deo Shankar Tripathi. 

Note: Any investment is subject to market risk due to its volatile nature and should be done after reader's discretion.  How to become rich fast: Mutual funds to Gold - 5 best investment options