The many offers of savings products, investments and businesses lately make many people often confused from the basic essence of each of these products. This results in people often choosing products that make financial planning not optimal.
Investment products have basic characteristics that investors do not need to work and just invest enough, have the principle of the higher the risk, the greater the return. Savings have characteristics, small returns, people who save enough to save their money while waiting for the interest on the savings. Beyond this concept, enter the business category. So do not be tempted by investments while you are still asked to work, for example looking for customers, downlines or others.
After understanding these fundamental differences, you also need to be smart in choosing savings products that are in line with financial goals. If you choose wrongly, the results will not be maximal. Here’s the guide for you:
- Deposit Products, Relatively Safe and Have Attractive Returns
Deposits are the most popular banking products after savings. For the convenience of customers, this product can now be obtained both offline and online. Its characteristics are safe and have a fair return. Not bad here means more or less equivalent to the inflation rate, around 6% per year. Above savings, but the savings product is more flexible in terms of ease of attraction and deposit.
- Investment in P2P Lending, the Latest Model of Technology-Based Investment
P2pLending (peer-to-peer lending) is the latest investment model along with technological developments. In principle, the manager of the P2P platform offers investment packages in the form of business capital to assisted business owners in online technology platforms, such as amartha.com, and modalku.com.
- Mutual Funds, Collection of Small Investors in the form of Capital Market Investment
For beginners, mutual funds are the most suitable type of investment in the capital market. Do not need complicated knowledge, because your funds will be managed by professional investment managers so that they are relatively safe and profitable.
- Gold Investment, Though Impressed Classically, But There Are Many Interests
Gold has been a medium of investment since time immemorial and has not been eroded until now. The concept is simple, buy now and sell it later when prices rise. For maximum results, it should be in the form of gold bars, not jewelry.