The Fixed Deposit
A stellar portfolio is one which is diverse, balanced, and profitable. For earning individuals, saving and investing both are vital to ensure that their finances are always in the pink of health. Saving is simpler than investing as there are not too many factors to consider here, but in case of investing, things can get a little challenging when the investor is not seasoned and is ignorant. To make things simpler and better for all investors who need a slight nudge in the right direction, given below are a few smart moves that will help them build the best investment portfolio:
Mutual Fund Investments
Mutual funds are market dependent investment options that provide significant returns when the money is placed in the right funds. The returns from mutual funds are subject to the performance of the market security under current market conditions. As a result, there is no concept of assured returns, but instead, there are indicative returns. They are mostly considered long term investments as the losses get averaged out against the gains.
Investing in Fixed Deposits
Fixed deposits (FDs) are market-proof investment objects that can provide returns of the range of 8% per annum depending on the tenure of investment and the financial institution chosen.
Banks and Non-Banking Financial Companies (NBFCs) provide FDs with cumulative and non-cumulative interest payout options and renewal of the same. Some institutions also allow loans against FDs. So if you want to invest money in fd then you need to know pros and cons about fixed deposit investment.
Aman is working in the domain of Investment management in one of the top universities. He has published research papers and case studies in Investment and Fixed Deposit marketplace. He is an avid blogger in the domain of Investment management. you can also find him on social networking platforms.