There are different assets for investments namely :-
2. Real Estate(Property )
6. Financial Products
All the assets have different risk profiles. It is the role of Certified Financial Planners to recommend which financial product is suitable for his client at a point of time.
At the same it also goes “Don’t Put All the Eggs in one basket”
There should be proper diversification. It is also seen in India that people have emotional attachment to Gold , Real estate.
But If we look at the long term returns Equity as an asset class has out performed the other asset classes.
There are some of the popular financial products as
a. Post office schemes
b. Bank FDs
c. Corporate FDs & deposits
d. Life Insurance plans