Whenever we have some extra money, the first thought that comes to mind is, "Let's put it in a Fixed Deposit (FD)." FD, or Fixed Deposit, is considered one of the safest and most reliable investments ...
The reinvestment rate is key for fixed-income investments. Find out how it works, with examples and risks to consider for better financial decision-making.
Discover what the average collected balance is and how it's used to calculate interest on bank deposits. Understand the difference from other balances and why it matters.