Mutual Funds or Fixed Deposits

[Nomad]

Mutual Funds are comparatively safer investment scheme. Technically, mutual funds operate similarly to savings plans. Just like saving, you put your money and your money will yield returns over time. However, mutual funds have higher returns, much higher than fixed deposits. If you compare risk levels between fixed deposit saving and mutual funds, fixed deposit is better. By the way, what would you choose?

 

[kit_hung]

Mutual fund is like a turbocharged savings account where you put your money and it grows slowly but faster than fixed deposit saving is relatively safe but still has a little risk unlike fixed deposit which is like iron ore it does not change quickly many people like mutual fund for high returns but others hold fixed deposit for peace of mind

It is like the story of Hercules when he had a choice of two paths one easy but not glorious and the other difficult but brings victory mutual fund is a path with little challenge but big benefits fixed deposit is a simple and safe path everyone chooses according to their heart and ability to withstand the waves