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a) Investment in Gold and Bullion
b) Real Estate
c) Stock Market
d) Invest on Child's education
every option has got its own risk attached to it. and again the answer is very subjective depends upon the individuals mentality.
a) Investment in Gold and Bullion - it is one of the safest option, but it has got its own ups and down...but so far proved good returns in the market.
b) Real Estate --- this is also proved good returns to the people who invested in it and again it has got its own risk attached to it like encroachment, kabza, etc.
c) Stock Market -- purely depends upon the stocks performance where you invested-high risk and volatile market and proves high return investment as well.
d) Invest on Child's education - ofcourse it is the responsibility of the parents, if see it as a investment then there is no guarantee that he looks after them when they are in need..it is also having its own risk attached to it :-)