Here are some essential points senior citizens should consider while creating a fixed income portfolio
Companies have an option to raise money by issuing fixed deposits that usually offers higher than that offered by banks deposits of similar tenure. But beware! It comes with risk attached. Read this space to know if it is worth taking risk to earn that extra interest rate by investing in company FDs.
'It is always better to be safe than sorry.' This quote holds true for all the investments you make even for Fixed Income products. Read on to know what are the key points that you should check before investing in Fixed income space.
While building a portfolio a lot of focus is given to the equity part while a fixed income space relatively receives less attention. This often leaves some gaps in the portfolio. Financial advisor Arnav Pandya lists out various factors that needs to be considered while investing in fixed income instruments.
When it comes to investing in fixed income instrument, it is always better to invest in debt funds than fixed deposit. Financial advisor PV Subramanyam tells you why.