Get Your Crypto Better SIM Apps. Learn More!

5 facts about Fixed Investment

To get started with Fixed Investment, here are five facts you need to know.
Fixed Investment

Effectively managing your business savings entails navigating a network of financial intricacies. Typically, business savings are earmarked for unforeseen economic challenges, with compounding interest serving as a buffer. However, an alternative avenue exists to capitalize on your savings without exposing them to market volatility.

What is a Fixed Investment?

A Fixed Investment is a tenured deposit account offering competitive interest rates on business savings till maturity. A Fixed Investment adopt and support a lock feature which establishes a disciplined approach to savings.

To get started with Fixed Investment, here are five facts you need to know:

Low Risk

Unlike other investment channels, deposits in a Fixed Investment are shrouded from market factors and unpredictable influences. Your initial deposit and accumulated interest rate are safe.

Earn More With Longer Tenure

With Fixed Investment, businesses can deposit and lock their savings as low as 30 days to one year. The longer you lock your savings, the higher profits it compounds.

A Fixed Investment is not a Savings Deposit:

Unlike a savings deposit, businesses are guaranteed interest with Fixed Investment and businesses can have multiple accounts within the same financial institution.

Rollover Rewards

Upon maturity of investment, you can request to roll over funds at no extra costs. It undergoes the same process and yields even higher rewards.

Collateral

Fixed Investment can be used as collateral to request loans in some financial institutions. However, not every loan lender conforms with this process.

Investing in Fixed Investment is a reliable and secure way to efficiently utilize your business savings without influences from market factors. It offers many businesses a sure path to financial stability while bolstering profitability.

Found this article interesting? Follow us on WHATSAPP, TWITTER, TELEGRAM or LINKEDIN to read more exclusive content we post.

About the Author

With five years experience in Media, Temmy Samuel's become a modern journalist, delivering impressive reporting about tech, finance, business and science around the world. More About Temmy

Post a Comment

If you're finding this article interesting, please follow us on WHATSAPP, TWITTER, TELEGRAM or LINKEDIN to read more exclusive contents we post.

Oops!
It seems there is something wrong with your internet connection. Please connect to the internet and start browsing again.
AdBlock Detected!
We have detected that you are using adblocking plugin in your browser.
The revenue we earn by the advertisements is used to manage this website, we request you to whitelist our website in your adblocking plugin.
Site is Blocked
Sorry! This site is not available in your country.