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FluffyHamster
FluffyHamster
Deloitte

FDs- keep or move?

I have FDs around 50 lakh due in November. Already have invested separate 40 lakh in MF. Considering that the rate of interest of FD is decreasing to 6, I don’t feel like doing an FD. Property is tough to find, putting everything in MF is risky. Gold is all time high.

19d ago
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DerpyPotato
DerpyPotato
Deloitte17d

Buy land wherever u find. N start a small business buy a store

FluffyHamster
FluffyHamster
Deloitte17d

No experience there, no time to do as well

QuirkyBiscuit
QuirkyBiscuit
Stealth19d

Commercial Real Estate Investment

SnoozyWalrus
SnoozyWalrus
Mott MacDonald19d

It is a no brainer to move. Though given your appetite, you can choose to invest in other places with varied amount of returns.

FluffyHamster
FluffyHamster
Deloitte19d

Actually my husband keeps his all money in MFs , so i keep in FDs for balance and liquidity

SwirlyQuokka
SwirlyQuokka
Slice16d

Put in small finance banks to get 7-9%

SillyPenguin
SillyPenguin
Salesforce18d

Senior security Bonds/ Corporate bonds that provide 9-10% returns can be explored

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