Mother's Day 2024: From gold to Mutual Funds —6 financial gifts for mom
Mother's Day, consider giving your mother a gift beyond mere material pleasure: a monetary investment. Whether fixed deposits, mutual funds, or stocks, these financial instruments provide immediate joy and long-term benefits. “As a seasoned professional in financial markets, I understand the importance of choosing gifts that offer both sentimental and economic value.
Fixed deposits offer a safe and steady return, while mutual funds allow for diversification and the potential for significant growth depending on market conditions. Investing in the stock market can also be rewarding, offering the excitement of equity ownership in promising companies.," said Dr. Ravi Singh, SVP - Retail Research, Religare Broking Ltd Additionally, a small allocation towards gold as a precious metal can hedge against inflation and economic volatility, preserving wealth over time.
These financial gifts are not just transactions but meaningful investments into your mother's future financial security and prosperity. Dr Ravi Singh said by choosing such a thoughtful and impactful gift, you are showing your love and empowering her with economic independence and stability. Consider a unique and empowering gift this Mother's Day: launching a business venture in your mother's name, advised by Ashish Agarwal, Director of Acube Ventures.
"Opt for an investment that resonates with her passions or long-held interests, transforming a thoughtful gesture into a source of personal and financial growth. Whether it's a boutique, café, or creative startup, this venture offers more than just a present—it opens doors to new possibilities," said Ashish Agarwal. Aman Gupta, Director, RPS Group Aman Gupta, Director of RPS Group, makes a compelling point about the
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