Bank and Post Office Products

Hi, I'm Rekha!

Recently, one of my friends, Gurpreet, invested all of his savings in the share market.

What would you have done with your money if you were Gurpreet?

The key takeaway from this short story of Gurpreet is that it is good to divide our investments into different investment products with different risk profiles.

This is also called diversification

But then, how do we know which investments are less risky and which investments are more prone to risks?

Do you want to learn about the less risky products? Scroll along to learn.

Before you start learning, here’s an important question.

Do you have a bank account?

If not, you can learn about opening a bank account from our banking guides

If yes.

Investing in investment products offered by banks will be a better option for you.

Let’s understand these products one by one.