I have been collecting money for my daughter, Sumangala's higher education for the past five years.
I want to invest this money in a low-risk investment for a long-term period.
My husband had invested all his savings for 5 years in a fixed deposit and he lost a part of his returns. During his sister’s wedding, he needed immediate cash and had to close the FD account before maturity.
I am not sure if fixed deposits are always the best investment option.
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