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Investment options for the retired: #3 Bank fixed deposits

Investment options for the retired: #3 Bank fixed deposits

Saturday, June 3, 2017, 6:31 PM

A bank fixed deposits (FD) is another popular choice with the retirees. The safety and fixed returns go well with the retirees, and the ease of operation makes it a reliable avenue. Bank deposits provide flexibility in terms of tenure. Therefore, instead of locking funds for a particular duration, an investor may spread the amount across different maturities through 'laddering'.
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