Invest in a fixed deposit and enjoy many benefits.

in hive-175254 •  2 months ago 

Hello Hiveans,

I know there are lots of Hiveans investing in my crypto market. We can convert our fiat currencies to cryptos and then invest in the crypto market. Also we can convert crypto to fiat through withdrawal. But this blog is about fixed deposits. Fixed accounts can be one of the best investment options for investing your money. The shortcomings of many other forms of investment are lost in fixed accounts and due to the transparency, many tend to invest in fixed accounts. Nowadays, most people tend to do this.

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One of the biggest advantages of an FD is that it has options to choose from. You will also be able to make a decision about the amount of time you will need to spend the three hours and the amount you can use. You can also receive the special interest rate of an FD once a month, once a year or at maturity.

When asked what gives you the most comfort in your investment money, your answer is security and trust. The trustworthiness of the investment you make in the transaction is important. Therefore, the credibility of a fixed account is always high.

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Another advantage of putting money in an FD is that you have the advantage of knowing the process until the end. It will give you specific guidance on how much interest you will receive, if you will receive it monthly, when you will receive it, when it will be renewed and when it is mature, you will be informed of the future of your money.

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It is possible to borrow up to 90% of the money deposited in the fixed account. It is a lucrative situation that can meet your urgent need. (As I mentioned in my own country data, this percentage may change in other countries.) You can cope with any kind of emergency you face. I mentioned some few advantages of fixed deposits today. Also another any benefits has. So if you're not tried out you can check it out. Before invest you'll have to consider more about it. Decision on your hand. I show only path to you.

Disclaimer- This is not a financial advice.

Thanks for reading. Be safe and Stay healthy.

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I never suggest investing in FD as the returns are very less. One can go for Mutual Funds to get an interest of over 12-15%.

Yeah...FD has low interest rate. But it's higher than savings rate. Also high secure indeed.

@tipu curate

Upvoted 👌 (Mana: 7/28)

Thank you very much. Appreciate it.