You have come up with a perfect thread at the perfect time. I am working on a tool to analyse and suggest investment strategy according to age and other status.
However coming to the topic, I believe it is very important for everyone to start investing.
To be frank as of now, I do not have any investment. I have invested heavily in myself :)
I invested in learning new skills which includes coding. I believe the best investment is one which will increase your earning capacity.
In 2018, I do not plan to invest any money in any investment option (have some personal commitments). However if had extra money to invest, I would have continued with my old investment ideas.
- Stock Market: I believe no other investment idea can beat the inflation risk as effectively as stock market. It is risky but risk is worth investment. Only care you have to take is not investing in wrong business.
- Gold: Believe it or not due to demonetisation, many bought gold in black market and I do not believe in next 5 years return on Gold investment will be higher than inflation rate.
- Real Estate: I agree with you real estate is dead for this decade. What if government decides to act on Benami properties, property prices will further go down. Planned to buy few plots but real estate rates are at unbelievable level. I wonder how rates are decided. I land located on main road will ever be able to return its investment other than capital appreciation which is crazy.
I will avoid real estate in 2018 for 2 reasons:
- High prices
- Government uncertainity (If government starts linking properties with Aadhaar, prices will go down.)