Forget the Stock Market, Here Are the Top 8 Investment Ideas to Make Money

Livemint spoke to 3 personal finance experts who suggested some options that you can explore to create wealth outside the stock market in 2023. Let us understand the top 8 investment ideas to earn huge wealth.

1) Corporate Bond

can invest in corporate bond If you want to earn steady returns over a period of 12 to 36 months. This investment is ideal for risk-averse investors who want to beat inflation, earn more than Fixed Deposits and want to move idle money in their savings account into assets that can earn up to 11% YTM Are. Nikhil Agarwal said, ‘You should opt for listed and rated corporate bonds here as they give you an additional layer of credibility.’

2) Digital Gold

digital gold There is a way to invest in physical gold. It is just like regular gold, it can be bought online and kept in an insured vault by the seller on behalf of the customer. The lowest price you can buy or sell 24 Karat Hallmarked Gold is 1.

“Given the current macros, investing in gold through ETFs, digital gold or even sovereign wealth bonds is an interesting option,” said Sucheta Mohapatra, MD, Branch International, India.

3) Fixed Deposit

Fixed Deposit is a safe investment option that guarantees consistent interest rates, special interest rates for senior citizens. To combat inflation, the RBI has increased the repo rate by 225 basis points from May, reaching 6.25% in FY2023. The increase in the repo rate has made FD rates more attractive to investors. According to Sucheta Mohapatra, term deposits can also be considered. He said, “Now more than 7 per cent yield is available on FDs of more than 3 years.”

4) Fixed assets

For those with a long-term investment horizon, real estate is an interesting class to evaluate, especially through newer instruments. REIT Sucheta Mohapatra said, and partial real estate investing through digital platforms.

5) Peer to Peer (P2P) Lending

Peer-to-peer lending is a great way to earn 10-12% returns. Satyen Kothari, CEO and co-founder of Cube Wealth, said investors should look at this as a means to diversify their portfolios outside the stock market. “This option is now available to regular investors,” he said.

“There are platforms that let you do this where people who need liquidity are able to borrow from you and you earn returns higher than your FD savings account. In such cases it is important to identify the right platform with a solid track record and least NPAs (Non-Performing Assets). You may be able to lend money to organizations instead of individuals in some cases which gives you an extra layer of trust,” said Nikhil Agarwal.

“I would like to re-frame the objective of generating returns commensurate with the risk taking ability. Beyond stocks, the Indian market is ripe for a diverse array of assets with exciting risk-reward profiles. For example, P2P investing is emerging as a rapidly growing investment category. They offer higher returns than fixed deposits or government bonds, low entry barriers, easy access and backed by reliable platforms with effective risk management capabilities,” explained Sucheta Mohapatra.

6) Asset Leasing

Asset leasing is a lesser known investment option that allows you to invest the money used to lease physical assets to businesses and get consistent returns from them. ‘This can help you earn 12 per cent profit after tax,’ said Satyen Kothari.

“It is an asset-backed alternative investment option that can help you earn assured non-market linked returns by leasing assets to corporates. This type of investment can give you up to 22% pre-tax IRR,” said Nikhil Agarwal.

7) Startup Equity

You can also explore startup equity for long-term goals if you are open to a higher risk-reward ratio. Investing in high-growth, early-stage companies can help investors take advantage of the rapidly growing startup ecosystem. “Such investments were earlier accessible only to VCs, angel investors and HNIs with the right connections,” said Nikhil Agarwal. with less He said 2,00,000 instead of two digit lakh or crore.

8) Inventory Finance

Investing in Inventory Finance is a great way to achieve your short term goals as there are tenor options of 1-13 months. According to Nikhil Agarwal it is ideal for investors looking for fast, inflation-beating returns by funding inventory to companies in the short term.

He added that this investment property can offer you 12% pre-tax yield.

This year 2023, beat the market volatility with these alternative investment options suggested by experts and choose the one that best aligns with your investment goals.