First, look for an investment strategy that suits your short-term and long-term needs.
With unit trusts, diversifying your assets into various unit trust funds lowers your potential risk. It’s best to have some understanding of the facility before committing.
For fixed deposits, look at the term length. Don’t lock away all your money into a long-term FD if you think you’ll need access for emergencies or unforeseen expenses. Instead, invest in fixed deposits across different tenures to ensure you can liquidate in a shorter time frame.
With a plethora of investment options out there, it can be overwhelming. Speak to professional advisers to learn more about the best choices for unit trusts and fixed deposits options before making any commitments.
