Investment Ideas: "If you don’t find a way to make money while you sleep, you will work until you die: Warren Buffet".  This one sentence is the key concept behind any investment you are making or you plan to make. However, the question is - where to invest? The market is flooded with investment options like equity to SIP to FD to NPS and you will have to choose from them as per your risk appetite.

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Investing not only enables you to save but also helps you to accumulate a corpus fund for your bad days. Many a time we tend to utilise our earnings from the investment. However, experts suggest to re-invest the money earned either in the same investment or in other investment.

You must have heard of the power of compounding. It is simply a method of re-investing your investment earnings back into the investment.

"Power of compounding benefits more when you have a long horizon. This means early you start in life more you end up gaining," said Jitendra Solanki, Founder, JS Financial Advisors.

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Solanki said one can accumulate as much as Rs 68 lakh by age 60 by investing Rs 2,000 per month.

"If you start a SIP of Rs 2000 per month at 25 years of age and earn 10% return then you will accumulate Rs 68 lakh by age 60. But if you start at age 35 then you will be able to accumulate Rs 25 lakh which is a large difference of  Rs 33 lakh. This is the power of compounding which shows that to reap its benefits you need to start early," he said.

However, if you want to invest either in the fixed deposits or Mutual Fund SIP, which one should you choose?

"Investors should invest in MF SIP as it is the asset class which provides the benefit of the power of compounding. One of the reason is that it has the probability of generating a higher return though it is volatile by nature," said Solanki.