What is a Term Deposit?
Having a bank account is pretty essential for saving money. You can toss in some cash and take it out whenever you want, helping your
Having a bank account is pretty essential for saving money. You can toss in some cash and take it out whenever you want, helping your
Choosing the best investment option between active and passive investing hinges on your time commitment, risk tolerance, and market expertise. If you enjoy being hands-on in the market and are comfortable with higher risks for potentially greater returns, active investing might be your preference. On the flip side, if you prioritize consistent returns over time and prefer a more hands-off approach to investing, passive investing could be the way to go. It’s worth noting that you can blend both strategies. For instance, you might decide to include a certain percentage of index funds for stability while also holding a few actively traded stocks in your portfolio for a diversified approach.
Investment banking and commercial banking, despite both being part of the banking world, do pretty different things. Investment banks are
Struggling to choose between PPF vs RD? Get all the information you need to make an informed decision on the best investment option for you!
Curious about the returns from your Savings Bank Account? While the primary purpose of maintaining a bank account is liquidity for emergencies and routine expenses, maximizing the interest on idle funds can be an added benefit. The primary concern with savings accounts is typically the interest rate, which tends to be lower compared to various investment options. However, there are ways to optimize the monthly interest rates on your savings account through some practical tips. Curious about what they are? Let’s dive in and take a look.
Read about the difference between NSC vs. FD and learn which investment is better for you in 2023.
Comparing term deposits vs. fixed deposits, knowing the difference between term deposit and fixed deposit, and how to choose fd vs term deposits!