AS PER NEW WAGE REVISION WHAT IS PAY STRUCTURE OF GRADE B OFFICER IN IDBI BANK
In the long term, mutual funds will provide the best expected return.
Mutual funds are more profitable if it is invested for a longer period of time.it is based the market conditions whereas fixed deposits gives a fixed percentage of interest based on the period invested.
Fixed deposits are always profitable. Best would be a CD or corporate money. Over 98% of all managed mutual funds are negative for 2008. Most are down from 15%-40%. Long term, the mutual funds will be the better investment. It is best if you switch between mutual funds yearly or semi annually. When times are bad like now, you would have switched to a money market mutual fund last Dec. When the market turns around, you switch to growth of value funds.
mutual funds are profitable for a long term & fixed deposits is profitable for specific period
bank fds are profitable
Basic – 11250
All content Copyright Professional Answers on Investments