If an investor invests in the right place at the right time, then he can get better returns in a short period of time. When it comes to investing, the most important thing is how much of your money and to what level you can take the risk. There are many investment options available in the market from stock market to gold. Now who do you trust the most is the biggest question. When it comes to long term investments, people turn to gold and real estate. Let us know which will be the best among these two options-
Gold is seen as a reliable investment in Indian households. Many families continue to transfer this from generation to generation. Also, there are many options regarding investment in it. On the other hand, real estate has always been seen as a big investment. If invested in real estate in the right place, it will give better returns.
Also read: Last date to file ITR is near, know which documents will be required; Understand step by step complete process
In real estate where the risk is very less. At the same time, there is a fear of theft in gold. Nakul Mathur, Avanta India says, “Investing in property is always comforting as it secures the future. On the other hand, gold is a commodity. There is always a fear of being stolen. Apart from this, income can always be made from real estate by taking advantage of tax exemption. Through real estate, you can earn lump sum money in a month which gold is not able to do.
Suren Goyal, partner, RPS Group, says, “A return of 15 per cent per annum can easily be expected from real estate.” On the other hand, according to Anuj Goel, MD, Goel Ganga Development, “The real sector may require large funds, but many other sectors also depend on it like cement, housing finance etc. A large number of jobs are also created through this. However, amidst these advantages and disadvantages, people in India are investing heavily in both gold and real estate.