Question:

What the advantages and disadvantages of fixed deposits?

by  |  earlier

0 LIKES UnLike

What the advantages and disadvantages of fixed deposits?

 Tags:

   Report

1 ANSWERS


  1. Advantage --   You get a guaranteed interest rate.  Your principal is safe.

    Disadvantage --  Your return is very unlikely to match inflation.  Thus over period of years your purchasing power will be significantly less.

Question Stats

Latest activity: earlier.
This question has 1 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.