Don’t invest in bonds but in fixed deposits but it depends on your goals.
Bank deposit or fixed deposit is better. Who will go to the trouble of all those debentures? This is because I am getting more than 6 percent interest from the bank. Then why walk on that road?
That’s right. Don’t invest in bonds but in fixed deposits but it depends on your goals. If someone says, “No, you should just keep the money in the loan”, then he is probably not right.
There are some advantages to a fixed deposit or senior citizen savings scheme or some other deposit scheme, but there are also some disadvantages. The same goes for debt securities.
What if? There is only one way. Set investment goals. And then fill the investment bag to the size of the risk. Bonds and bank deposits are relatively low risk investments. How you balance risk and income will depend on you. The nature of your investment will depend on the range of funds, income requirements and risk appetite. However, after an age, it is probably better to look for ways to reduce risk and invest.