Don't know where to invest? Here are 6 options to expand your wealth

Investment options

Many people find investing to be a highly appealing idea since it allows you to have your money work for you rather than having to work for it.

Stock Market

One of the most popular investment options, and participation is open to everybody. Your amount of risk is determined by the way you invest in the stock market.

Bonds

Bonds are long-term investments that function as a kind of agreement between the government and the investor. When you invest, government is borrowing money from you to pay a payment that you will get when the bond matures on a specific date.

Forex

Foreign Exchange, or forex, is the process of purchasing currency of other nations. Forex trading can be a dangerous investment and is often done for a short period of time.

Precious Metals

Precious metals might be dangerous investments because of their volatile price, although they are often long-term ones. It is improbable that precious metals will ever lose all of their value.

Savings Account

Although savings accounts are incredibly safe investments, their payout is contingent upon a very low interest rate. If all you are interested about is saving money, savings accounts are a great place to keep your money.

Mutual Funds

Mutual funds invest a big number of investors money in a variety of stocks by pooling their contributions. Every investors risk is decreased by this method because it is much less likely that 100 businesses will all fail or perform poorly in the future.