Livemint spoke to personal finance experts as in where should investors park in their money in 2023

Tips to investment for New Year 2023

Stocks

When you are looking to get good returns, you must also be willing to take some risks. On that note, stocks continue to remain the number one option for anyone looking for strong returns by investing in companies/stocks in India and abroad

Vinod Dhama, Founder & CEO, Trading Master said stocks allow your investment directly in growing companies and benefit from their profits. However, this is a high-risk investment option and those who do not understand markets should stay away from it.

“Stocks are the best choice for anyone looking to investment banking in companies and earn high returns. With stocks, you can make direct investment by bank in growing companies and gain from their profits, or you can also invest through mutual funds,” said Archit Gupta, Founder and CEO, Clear.