5 Reasons to choose Mutual funds than Bank Fixed Deposits
5 Reasons to choose Mutual funds than Bank Fixed Deposits We don't need to forget the Old things. It is a record book of our past. There is nothing wrong with selecting the old things, but we must go forward in Technology and Economy today. Even in the economy, i often hear this developmental shift. I have heard my friends too. When our Income, Taxes and Prices are climbing, then why should we put so much depend with our old Deposits(Bank Deposits) ? The Interest rates of Bank Deposits are declining every quarter. It's not the bank's problem on Interest rates. This is the decision of Central Bank will take based on Inflation Data. If we think that the Bank Deposits are safe investment avenues, how many times have we tried this safe avenues in our life and would have benefited ? If any other avenues apart from Bank Deposits are Risky and Volatile, then why should we be interested in buying Golds ? As our Income grows, Our Bank Fixed Deposits often tends to pay more Tax on Ma...