Fixed deposits are the talk of the town with interest rates heading higher. Indians already have a bulk of their savings in bank fixed deposits. But, do you know how this investment can help and what are the shortcomings of fixed deposits?
Should I take a personal loan? − Money Essentials #7
Do I need to buy insurance? − Money Essentials #6
Three things that impact investment return￼ − Money Essentials #5
Both risk and return count in investing − Money Essentials #4
Where should I invest? − Money Essentials #3
How much shall I save? − Money Essentials #2
This is a tricky one because you have to balance your current life with what you desire in the future. Usually, one considers savings as what’s leftover from your earnings after you are done with spending it. However, it may be wiser to save first and then spend. In doing this, the part about looking ...