Though investing in a savings account is a sure bet, your gains will minimize due to the extremely low interest rate. But don’t forgo one completely. A savings account is a reliable place for an emergency fund. But, at the same time, the importance of investing consistently even if it is of a small amount cannot be overlooked. 

To grow and protect your funds, you have to create your investment portfolio to accumulate wealth over time. Once you realize the importance of investing, the second thought that comes to mind is  “Where to Invest?”  Investment in real estate & gold has its own set of limitations owing to high ticket size, liquidity and inconsistent returns. But investing in equities is a better option but again investing in direct equity requires a lot of deliberation so the best option is investing in mutual funds if you are just a beginner in investment.