Investment is a science just like any other activity and there are certain rules which we must follow for its effective management. But unfortunately due to lack of financial education in our academic curriculum we were never taught this science and hence we land up doing things we are comfortable with. Even fixed deposit which is by far one of the most favorite products of Indian investors, we make lot of mistakes which can prove to be fatal in long term.
For example, when most of the people go to bank for getting an FD done, they look at the different rates of FD available and then invest in a FD which offers maximum rate of interest. Continue reading “Ladder Strategy in Fixed Income Investments”