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Total Views: 4Word Count: 579See All articles From Author Here are some suggestions to meet your short-term goals in a limited span of time with risk-free returns:
Bank鈥檚 FD (Fixed Deposits): Banks are safe and risk-free investment organizations. You are released from the tension of your money safe. By investing in banks you are sure that your money is going to increase Dalton Pompey Canada Jersey , though at slow rates, at every cost and you are not going to face any loss unless you drag your money out from the mature period. Yes, it is an option that you can take your money when needed before the maturity period but the thing is that you have to pay at least a percent of interest charged as a penalty to the bank. It is not the right option to do so plan your investment accordingly.
Recurring Deposits (RD): Recurring Deposit is a out of the ordinary sort of Deposit plan on hand by banks in our country that help people of regular income class to deposit a certain amount of savings every month into their own Recurring Deposit (RD) bank account and enjoy the interest rate same or slightly lower than the Fixed Deposits (FDs). The deposits are matured in a specific interval of time; it is taking about six months to about ten years depending on your choice. You can understand it by simply taking an example of depositing Indian Rupees 1000 each month for a span of two years earning a return at almost eight percent per annum.
Commodities: In recent times the commodities have taken the shape of good investments without any risk. I have not seen, in my whole lifespan Chris Leroux Canada Jersey , drastic falling in the price of gold and silver. Hence, it can be used as a source of investments. Now, you can agree with your wife buying some gold this upcoming festival. Gold and silver are such commodities that can be used for long time as well as short time investment to earn high returns and gains.
The general information of risk-free investments has been provided in the above article but it is highly recommended to do research on your own before taking any steps. A carefully planned investment always yields interest but the patience is the key here. Good Luck with your plans.
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Shivam Verma is a renowned writer on business and investment plans
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