Be aware where you invest your money

Fixed deposits are considered safe when compare to equity. But this may also turn out to be risky if you invest in corporate FD offering higher interest without considering the risk . ( There is a high possibility risk of repayment in certain sectors where there is poor corporate governance standards.)
Some real estate companies have been offering high interest rates on their FDs. I am not saying that all of them would go bust but make your careful evaluation before you invest in FD of any company.
PSBs are considered the safest. But even there don't try to put all your eggs in one basket. Be aware of deposit insurance rules and make your investment decision wisely.


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