March 28, 2011 1:18 pm
Anybody here who uses Corporate FDs as an investment vehicle?How good or bad are they?Any specific that you would recommend?
I actually have invested a sum of 15k in Yash Birla Power Solutions FD,for a period of two years.Is this a wise investment?
As I said, it has all those risks which comes with corporate FD’s , if they bust, you wont get your money , if they delay , you cant do much , but stay mum ! .
If it was bank deposits , these problems will not arise .
I am not saying you have made any wrong investments , all the disadvantages are highly low probability events. But you shouild be knowing about it .
Thank You Manish!
Corporate FD’s provide better return than Bank FD’s because they are more risky in nature . You can go for it , but make sure you accept the risks involved .
Read more at https://www.jagoinvestor.com/2010/04/are-company-fixed-deposit-safe.html
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