Best Investment Schemes for 2022: Optimize Your Savings With These Amazing Investment Options

The previous year & the unprecedented Covid-19 took the world by surprise and destroyed economies and businesses. Job losses had hit families and dented household incomes. Amid the heightened uncertainty, having financial foresight has become crucial.  

As we step into the New Year today, it’s time to make your personal finance New Year’s resolutions for the safety of yourself & your family that is dependent on you. In this article we bring to you the Best Investment Options for 2022. So read on! 

Best Investment Options for 2022 

Stocks 

For the second year in a row, the stock market is expected to climb by double digits. The market in 2021 was promising and had shown good growth compared to 2019, but it is expected that growth will continue at a double-digit pace in 2022. Godrej Agrovet, Times Green energy and a number of other significant bull IPOs will touch the market desk. Investing in stocks may provide you with a decent return on investment over time. Check the list of best stocks to look out for in 2022 

Mutual Funds SIPs 

If you want to get high returns on your investments in order to meet your long-term financial goals in 2022, mutual fund SIPs may be a good option. SIPs can be acquired with a five- to seven-year investment horizon. Look for SIPs that are appropriate for you based on the mutual fund's performance and history. However, do not believe that these schemes are risk-free or that they will not be volatile. 

Real Estate 

Real Estate is one of the evergreen investment options to date, real estate is going to boom in the coming days, one can even look for REIT’s if the capital is small. REITs, or real estate investment trusts, are companies that own or finance income-producing real estate across a range of property sectors. 

Savings Plan for Senior Citizens (SCSS) 

SCSS is a post office savings scheme for senior citizens that provides investors with security and a predictable income. It's also a tax-avoidance strategy. It's ideal for retirees seeking for a low-risk investment. Section 80C of the Internal Revenue Code allows for a tax deduction for investments in SCSS. 

National Pension System (NPS)  

The National Pension Scheme (NPS) is a government-sponsored retirement benefits programme designed to provide all customers with a steady income after they retire. NPS is governed by the PFRDA (Pension Fund Regulatory and Development Authority). It is a voluntary scheme open to all Indian nationals.