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Fixed Deposit or Shares ?

Discussion in 'BlackHat Lounge' started by myfault, Jun 3, 2013.

  1. myfault

    myfault Power Member

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    I have 50 shares and 3 FD but i am totally confused should i withdraw all the shares and make a FD for 1-2-3 years to get some interest. Can guys recommend me what to do for the future, any experience guys are most welcome.
     
  2. hpv222

    hpv222 Power Member

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    I would say both - if you are making good amount of money, it just makes sense to diversify and invest in several different things. And my personal opinion - if you are younger, then you could try higher risk investments, I personally see nothing wrong with being broke at least once in your life, but that better happen when you are say in your 20s. On the other hand, you wouldn't want to be broke when you are in your 50s, so the older you get, the more conservative your investments should be ;)
     
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  3. yogi31286

    yogi31286 Elite Member

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    Really a nice advice about "being broke at least once in your life"

    learning lessons from your really painful days will become your great strength one day for sure.