Mother’s Day 2024: Six money gifts for mom, ranging from gold to mutual funds
Mother’s Day 2024: Dr. Ravi Singh stresses the need of giving meaningful financial presents, including stocks, mutual funds, and fixed deposits, that have both economic and sentimental worth.
Mother’s Day 2024: Over time, a little investment in gold as a precious commodity can protect wealth from inflation and economic turbulence.
Mother’s Day 2024: A little investment in gold as a precious metal can protect wealth over time by hedging against inflation and economic uncertainty.
Mother’s Day offers a special chance to think beyond of conventional gifts and into choices that offer long-term value and stability in finances. Giving your mother a financial investment on Mother’s Day would be a gift that goes beyond just material delight. These financial products—stocks, mutual funds, and fixed deposits—offer both long-term advantages and instant happiness.
Stocks, mutual funds and fixed deposits
Having worked in the financial markets for a long time, I am aware of the need of selecting presents that have both sentimental and financial worth. While mutual funds enable for diversification and the possibility of substantial growth depending on market circumstances, fixed deposits provide a safe and consistent return. The thrill of equity ownership in promising businesses can be had by investing in the stock market, according to Dr. Ravi Singh, SVP – Retail Research, Religare Broking Ltd.
Fine Gold
A modest bet on gold as a precious commodity can also protect wealth over time by hedging against inflation and economic volatility.
These cash contributions are significant investments into your mother’s future financial stability and success rather than merely transactions. By selecting a gift this meaningful and well-considered, Dr. Ravi Singh said, you are demonstrating your love and giving her financial security and freedom.
Entrepreneurship endeavour
This Mother’s Day, think about giving your mother an original and inspiring gift by starting a company in her name, suggests Ashish Agarwal, Director of Acube Ventures.
“Choose an investment that speaks to her long-held hobbies or passions to turn a considerate gift into a source of financial and personal development. Whether it’s a creative business, store, or café, this endeavor delivers more than just a present—it creates new opportunities,” said Ashish Agarwal.
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Housing
Aman Gupta, Director of RPS Group
Real Estate Investment Trusts (REITs) and property gifts have two advantages, as Director of RPS Group Aman Gupta persuasively argues. Giving real estate is a smart financial decision as well as a heartfelt act of appreciation.
Without the burden of owning a direct property, REITs provide a practical approach to become exposed to real estate. Investors in REITs can profit from capital appreciation and possible rental income from a variety of properties, such as office buildings, apartment complexes, and medical facilities. Through time, this diversification can reduce risk and yield steady profits.
