What can be a New Year's Resolution for 2019? I found a perfect new year's resolution that is MUTUAL FUNDS What are mutual funds? A mutual fund is a method of investing money, from where we get returns more than any savings account or FD(Fixed Deposit). Type of ways how we can save/invest money? Savings Account Fixed Deposit Gold Real estate What is a Savings Account? A S avings account is a deposit account held at a retail bank that pays interest but cannot be used directly as money in the narrow sense of a medium of exchange (for example, by writing a cheque). What is FD? Fixed deposits are investment instruments offered by banks and non-banking financial companies, where you can deposit money for a higher rate of interest than savings accounts. Usually, the defining criteria for FD is that the money cannot be withdrawn before maturity, but you may withdraw ...
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