CDI, if you do not already know, is a certificate of interbank deposits. It is a provision which allows banks to borrow money from each other for a day utmost and also helps people find their perfect investment measures. With the number of banks having come up, it is only natural for the people to get confused as to where they are to invest in.
It also enables people to see every comparison between various banks and their interest rates to help make correct choices. There are various kinds of investments for the people to choose from. Fixed income investment and the LCI are only some of the many ideal investments out there.
What is fixed income investment?
Investment fixed income is that provision which enables you to invest a fixed amount of money every month till a certain period of time. Upon reaching a specified time, you will receive your money with an additional interest that is given to you by the bank. However, what makes it an ideal kind of investment is the fact that you will get to know the exact amount you will receive in the future the day you decide to invest in it yourself. This is a provision that other investment options do not offer you.
Fixed income investment, despite being an ideal kind of investment does have a competitor like the CDB. This kind of investment involves all the banks giving out assets in exchange for savings and who wouldn’t love owning something precious in exchange for their savings? However, with people now having varied choices and different needs, the numerous options being available to them does make it easier for them actually to make their own choice with ease. Therefore, choose the perfect investment for yourself and save yourself any further complications in the future.