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The long-term goals could be to buy a house, children’s education, or save for retirement. These goals are non-negotiable. Do not compromise on these goals regardless of the temptation to spend or invest for a short-term goal. ....
What is a corporate FD: Similar to bank fixed deposits, corporate FDs provide interest earnings and offer flexibility in choosing the investment amount and duration. Fixed Deposits serve as a popular choice for long-term investments, particularly for older investors aiming for a secure retirement. The tenure period plays a crucial role in determining when investors will receive returns before maturity. In corporate fixed deposits, the tenure typically ranges from six months to 5 years, offering a shorter duration compared to bank fixed deposits. ....