The Pros And Cons Of Investment With Banks And Financial Institutions
The Pros And Cons Of Investment With Banks And Financial Institutions

Almost everyone wants to retire young and rich. That’s why most people want to start investing so that they get a high return on the money that they have. This lets the money to continue to flow in. You can choose banks or financial institutions for this purpose. Here are some of the pros and cons of investing in conventional methods like Bank fixed deposits, versus financial institute mutual funds.

Fixed Deposits

Fixed deposit is an investment plan where you invest a sum of money in a bank for a set period (tenure) with a specific rate of interest. This is one of the most common investment approaches with banks.
Pros:
Low risk
The safest investment with a bank is a fixed deposit. It gives steady growth and provides maximum security to your principal amount.
Assurance
When you open a fixed deposit, the interest rate is predetermined and remains the same throughout the term. This means that the growth of your principal isn’t subject to any other influencing factors.
Tax benefits
You can get tax benefits when you start a fixed deposit. Your taxable amount will be deducted according to the deposit you’ve made.

Cons:
Lower earnings
When compared to other investment plans, these have a very low rate of return. Although it’s risk-free, the earnings are mediocre at best.
The effect of inflation
When compared to inflation, FDs don’t offer returns good enough to beat the inflation. They’re just a decent investment that offers security at most.
Taxable
In spite of having tax benefits, FDs don’t entirely save tax. The returns you get after maturity are taxable. This means you won’t get the full benefit of your investment. That’s a major drawback.
Low liquidity
FDs come with a lock-in period. This takes away flexibility in your investments.
A premature withdrawal has two side effects. First, you’ll be charged a fee for pre-closure. Second, the interest rate reduces. Both are losses that should be avoided.

Mutual Funds
Stock or equity is the ownership of shares in a company or business.
Pros :
Highest returns
From all investments option, equity/stocks are the best when it comes to returns. If invested properly, the average returns ranges from 12-15%. Some good investors can even reach numbers of up to 20%.
Liquidity
Another advantage with stock investment is that you can withdraw your money anytime you want.
This flexibility works better in the long run since it lets you keep control of your money.
Tax-free Dividend
Many companies give regular dividends on stocks. That’s a great way to generate an alternate income. The best part is that is that it’s not taxable.

Defeat Inflation

With returns being high, stocks are a great option to beat inflation significantly.
Cons:
Highest Risk
Equity is the least secure investment you can make. With some strategic planning and proper management, this can be avoided to an extent.
Reallocation
Equity funds don’t perform all that well when you leave them to mature like FDs and PFs. They need to be monitored regularly.
According to market fluctuation, certain funds might not perform well. In those times, you should reallocate these funds to a more profitable organisation. This isn’t easy and needs you to monitor the market regularly.

Whether you’re investing with banks or financial institution, both have their own merits and demerits. You should take a call based on your current status and financial goals that you’ve set.

  • 10 anticipated Cyber Monday 2022 deals on internet services

    Reliable and fast internet is one of the basic requirements for every household. People of all ages rely on the internet for their daily personal and professional requirements. Cyber Monday sales are ideal for getting 5G internet services or a new home WiFi connection at a discounted price. Good data plans offer crucial perks, such as unlimited internet and high-speed connection. Based on past years’ sales, here are some noteworthy Cyber Monday internet services deals.

    1. Frontier
      This company has something for everyone. Some of the features offered in its Fiber plans are symmetrical downloads along with an upload speed of approximately 500 Mbps. The installation price is $45, along with perks like an AutoPay discount. For the upcoming sale season, Frontier is offering a $100 gift card to sweeten the deal.
    2. Google Fiber
      With a starting installation price of $100, this provider’s 2 Gig plan promises unlimited internet and other features like a download speed of around 2000 Mbps. For Cyber Monday, the provider could include equipment in the installation cost for new users.
    3. Verizon
      Verizon is could offer several deals on its Fios plans during the upcoming sale season, such as a gift card worth $200 and a $50 e-gift card for Xbox. You should check out their home WiFi plans, as Verizon Fios could waive the $90 installation fee this holiday season. You can also opt for Verizon 5G home internet as 5G internet is becoming extremely popular. Verizon could offer good deals on 5G services that include unlimited data and a free modem along with an additional 50% off for qualifying Verizon mobile users.
    4. Quantum Fiber
      This internet provider could waive the fee for the equipment during the sale season. Besides unlimited internet, Quantum Fiber offers a speed of approximately 940mbps for its plans.
    5. RCN
      This company is a leading internet service provider. During previous holiday season sales, RCN offered $100 Visa gift cards for new customers and free installation when customers enrolled for RCN plans. Looking at last year’s deals, RCN’s Internet Gig plans could have a Cyber Monday coupon code you can use during checkout.
    6. Cox
      This provider’s StraightUp prepaid internet plan comes at a starting price of $50 and promises a download speed of 100 Mbps. Prospective customers could get a three-year guarantee on price as part of a special offer.
    7. AT&T
      Those who sign up online for At&T’s home Wi-Fi service could get gift cards of up to $200. Some of the features of the plans offered by this internet provider are an upload limit of 5000 Mbps and unlimited internet.
    8. Optimum
      You can find several deals on Cyber Monday intended for new customers of Optimum. Some of them could include free installation, a free one-year subscription to HBO Max, and a Wi-Fi extender. These deals could vary depending on the plan you choose.
    9. Xfinity
      Xfinity offers high-speed internet services, and for this upcoming sale season, users could get 6x faster internet at the same price they are now paying. If you choose to get a new mobile line with your plan, you might be eligible for additional discounts. For new users, the internet provider could also offer a Visa gift card worth $300.
    10. Hughesnet
      This internet provider is available on virtual platforms all across the country. During the 2022 sale season, this internet provider could offer a discount of $99 on installation along with a $5 discount on equipment.

    WiFi and mobile internet are vital services today, and with such great shopping season deals anticipated this year, you can get unlimited internet at affordable prices. The above-mentioned deals should be able to help you plan and shortlist plans before the sale day.

    Read more
  • 4 effective tips to find relevant coupon codes

    Every shopper’s dream is to shop a lot and save money while they are at it. Though sales are an incredible way of saving money, it is obvious that you cannot always wait for a Black Friday sale or a Cyber Monday sale to buy a laptop or some other household appliance. This is where coupon codes come in handy. You don’t have to wait for a particular time of the year to save money on the things you buy. Almost every popular shopping sites, irrespective of what they sell, offer coupon codes to its valued customers in a bid to maintain customer loyalty or to attract new customers.

    The serial shopper knows the value of coupon codes, but if you are a novice to using coupon codes, you will definitely need help in finding relevant coupon codes online. Here’s how you go about the process.

    • Though retailers do offer coupon codes on their websites like free shipping or discount codes, which are useful in saving money, these aren’t the best deals for you. The coupon codes on the retailer’s website aren’t the only place where you’ll find discount codes. You can opt for the traditional way of finding the right coupon codes. This method involves going through magazines and newspapers and cutting out the coupon codes for using them at a particular store.
    • You can find coupon codes in three ways: through search engines, by using automated shopping tools, or by directly visiting coupon code sites. If you wish to find several coupon codes, then the search engine is the right place for you to begin with. All you have to do is type “coupon codes” or “promo codes” in the search bar and hit enter. You will have a wide variety of coupon codes at your disposal.
    • You can even use automated shopping tools like aggregate coupon tools or price comparison tools to look for relevant coupon codes. As these tools are automated browser add-ons, they display coupon codes automatically when you visit the retailer website or go through an online checkout. In fact, these automated shopping tools are one of the easiest ways of finding relevant coupon codes spread across the web and save your time and money.
    • If you wish to cut the chase and find coupon codes without putting in a lot of effort, you can visit coupon code sites where there are a plethora of coupons to choose from. This method works the best if you wish to find a specific coupon code.
    Read more
  • 3 Popular Odor-Controlling Deodorants For Women During Summers

    Summers are an exciting weather and very welcoming for people living in extremely cold regions like Europe, Canada, America etc. However, summertime means a lot of sunshine, humidity and a lot of sweating. Unless you are at a beach or at the gym, sweating is something that is not just annoying but also very embarrassing. Ladies who love to wear tank tops and light-colored dresses can have the worst nightmare of sweating. Not just that, body sweat often leaves yellow patches on white clothes and fades away the color of the top from the underarm area. There are a lot of antiperspirant and odor control products available in the market but how do you choose one that works for you?

    Here’s a quick list of the different types of best deodorant for odor control to keep you fresh and smelling good through the entire hot summer day.

    Lady Speed Stick
    One of the most commonly used brands of the best deodorant for odor control is the Lady Speed Stick. They have been in the industry for decades and have been producing some of the best antiperspirant deodorants for men and women both. If you are a lady who sweats a lot even in tank tops, then this the deodorant for you. Not only does this deodorant control excessive sweating in the underarms area and under bust area, it also leaves a beautiful fragrance which is neither too floral nor too citrusy. They also have a different variation, specially designed for darker clothes so that it doesn’t stain your darker outfits. You can easily find this online or at your nearest drugstore or beauty supplies store, so you don’t really have to go out of your way looking for this deodorant. Do note that these are all roll-on deodorant and don’t have a spray version.

    Dove
    Dove as a brand is known for its gentle and skin friendly products so it’s no news that when Dove launched their deodorants, every girl wanted to get her hands on it. Dove has some of the best antiperspirants for affordable rates available in stores and even online. Dove has the best deodorant for odor control in roll-on tubes as well as sprays. Both versions of the deodorants have a separate range of antiperspirants for sensitive skin as well which not a lot of brands in the market have. There’s also a range for whitening the underarms for women who suffer from deep pigmentation which again, not a lot of brands have. Dove deodorants leave your underarms feeling fresh, smelling nice and sweat free for up to 10-12 hours!

    Nivea
    Nivea is another brand that is widely used in skincare such as lotions, cream, lip balms etc. Just like Dove, Nivea also has their range of deodorant roll-ons as well as sprays for both men and women. They also have a special range of ‘Calm and Care’ for sensitive skin as well as a whitening range called ‘Extra Whitening’. Dove and Nivea have similar price points which can get a little confusing for you especially since they both have the same end results. However, the fragrance of these two brands is very different. While dove is more floral, Nivea is a little more citrusy with strong undertones of musk. Nivea is known for the best deodorant for odor control because the fragrance lasts for around 48 hours! The antiperspirant properties fade away within 12 hours which is quite normal.

    Apart from using deodorant and perfumes during the summers, it is essential to drink a lot of water and have at least 2 showers a day – one before you start your day and the other before bedtime. This helps reduce bacteria build up in your sweaty regions and ensures you smell good through the summers. Ditch spicy meals, oily foods, and sugary items as these can clog your pores making you sweat even more.

    Read more
  • All you need to know about the best satellite TV deals

    We have been witnessing more and more consumers choosing satellite TVs for quite some time. And the reasons are obvious, clear reception, 99% signal reliability, and quick and easy resolution of problems in reception including the adverse effects from lightning, storms or strong winds.

    Although there are several satellite TV providers in the market today, the choice boils down to two names; DirecTV and Dish network which are the most reliable when it comes to satellite TV network. In this article, we will guide you about all the things that you need to consider to get the best satellite TV deals.

    Availability
    When it comes to satellite TV deals, you might not always want to choose among the offers provided by the top two networks, especially if you are a first-time buyer. You need to check whether the service provider operates in your area. Although both the leading services provide an extensive coverage in most parts of America, still it is best to check the availability and quality of reception in your area from each service provider.

    Packages
    All of us would like to handpick each channel and customize our personalized package; however this convenience obviously has a price. The good part is that the satellite TV providers offer some amazing deals on packages. And, usually, you will find a package which caters to all your requirements whether it is sports, news, movies or business.
    Although there are several good deals available, it can be difficult to pinpoint the best satellite TV deal across consumers. This is primarily because of individual tastes and preferences. For instance, a sports fan may find the best deals with DirecTV, while Dish Network provides more lucrative deals for movie buffs.

    Subscriptions
    It is not only convenient to buy an annual pack; you can also find some of the best satellite TV deals on annual and half-yearly subscriptions. Monthly packages may be a more suitable choice if you are constantly on the go, however, these can be expensive.

    E-payments
    Satellite TV providers offer better deals on automatic recharges and electronic statements. However, on the flip side, these discounts are not guaranteed and may last only for the first year of service.

    Seasonal Deals
    You can find some of the best satellite TV deals during the holiday season. Nevertheless, this should not deter you from hunting for deals throughout the year.

    Most service providers offer discounts in the first year of subscription. Free installation or temporary waiver is quite common. Another good time to look for deals is the summer when the viewership is on a decline. Discounts are also categorized for specific consumer groups. For instance, you might find some discounts specially tailored for senior citizens.

    The bottom line is that you need to look really hard to find the best satellite TV deals. You may have to go through several sites and compare options and prices to find the match. But a good deal is always worth the effort.

    Read more
  • Symptoms of mold allergy in infants

    Mold in your house can be very harmful to your kids. It can spread through tiny spores that come away with air. Mold can easily thrive at places with water and warmth. Mold is everywhere; all they need is a chance to grow.

    People often confuse between symptoms of mold allergy and common fever and cold. If your baby lives and plays in an area with lots of molds, he/she is more likely to have allergies and other health problems.

    Since mold allergy symptoms are often misinterpreted and parents remain indifferent towards them, it may later prove to be hazardous for your kid. To avoid such instances, parents should be well aware of the various mold allergy symptoms very well. Below are four such symptoms that an individual must know about.

    Irritations
    Irritation to the central nervous system and mucous membranes happens when a child is exposed to black mold. Nosebleeds, coughing, and dizziness are some other common symptoms when one is exposed to such mold.

    Respiratory problems
    If your child inhales mold spores, he/she may suffer from many respiratory problems like runny nose, coughing, sore throat, and wheezing. Since such mold allergy symptoms are similar to the symptoms of seasonal allergies, it becomes important for the parents to consult a doctor.

    Skin rashes
    When a child comes in contact with mold spores, irritation, itching, and rashes on the body are common.

    Eye irritations
    If eyes come in contact with the black mold, they can result in severe inflammations in the eyes. Itchy and watery eyes, soreness and redness of eyes are some of its symptoms.

    Rather than waiting for such symptoms to arrive, one should take certain proactive measures to avoid mold harbor. You should repair any leaks and should keep the room always free from humidity. Remember to keep windows closed when it’s humid.

    Read more
  • Sleep like a baby with big lots mattress

    You can never go wrong when buying mattresses, but the fact is, we do. And it is only later that we realize the drawbacks, like having neck pain, backache or sleeplessness. You must take out time and select the mattress that provides comfort and does not cause pain to the body. So, always pick up a recommended brand and don’t adjust with a non-reliable one. Available in different sizes like king, queen, full and twin, you can purchase the big lots mattress according to the size of your bed.

    Types of mattresses
    The sleeping pattern of every individual is different and knowing how to buy a good mattress can be beneficial. There is a wide selection of mattresses available like the memory foam mattress and the innerspring types. The innerspring types are also widely used and are covered on top with foam and various layers of padding to provide protection from the springs. The different types of mattresses that are made available for providing proper comfort includes regular innerspring mattresses, pocketed springs, smart springs and continuous coils.

    The memory foam mattress
    The impressive features of the 10 king size memory foam mattress made available by the big lots mattress is that it is supported by foam of heavy duty to provide base support. The mattress is made available in neat packaging and can be assembled easily on the frame. There are gel-infused memory foam mattresses also available in king size where the ventilated gel foam is about 3. The main benefit of the gel-infused memory foam mattress is that it provides body-contouring relaxation for a soothing night rest, and softens with the heat of your body and thereby conforms to its shape. It does not compress into the body shape but rather flows into your body shape. You can have a relaxed and ultimate sleeping experience by using the memory foam mattress.

    Full mattress set
    The main benefit of the pillow top mattress is that it provides proper back support as well as total comfort, thanks to the cooling gel. Proper support to the back is further made possible due to the foam encasement and the continuous coil design. The mattress comprises deep layer of supportive foam and is very durable as well as comfortable, guaranteeing years of pleasurable use. The full mattress is of premium quality and great for use for a good night’s sleep. The mattresses are made available with a limited warranty of 10 years.

    Research before buying
    It is important that proper research be done before buying the right mattress that fits your budget. You can even shop for big lots mattress online at best prices. The main terms that must be taken into consideration while buying a mattress would be durability of the mattress and the comfort it provides. The cost of mattresses that you pick can be on the expensive side, but buying the right kind of mattress is equally important to avoid back or neck pain, and get a good night’s sleep. What’s more, people who are allergic to dust mites must buy pure foam mattresses as they are perfect for them.

    Read more
  • IP security cameras – Functions, benefits, and popular picks

    Surveillance has become a crucial factor, whether it is to monitor residential or commercial settings. More than six million households have installed home security systems. Today, one of the more popular surveillance systems in the market is IP security cameras, also known as network security cameras. Unlike traditional setups, these cameras can connect wirelessly to a Wi-Fi network. But there are several factors one should consider before purchasing an IP camera.

    CCTV vs. IP security cameras
    Traditional security networks like CCTV cameras ran on co-axial cables around the site that needed video surveillance. These analog and analog-over-digital security cameras shared the footage with a digital video recorder (DVR) via the co-axial cables. It was a complex process. But today, IP security cameras can record and transfer footage over the ethernet or Wi-Fi by connecting to a network video recorder (NVR).

    Functioning of IP security cameras
    An IP camera is capable of capturing footage in high definition with resolutions up to 16 megapixels (or higher) based on the model of the camera. These devices are equipped with a processing chip capable of compressing footage once a video is recorded. A higher camera resolution will use more data for each video recording. This also means that the camera will require more storage space and higher bandwidth to transmit data. One can also pick a lower-resolution camera which may take up less space for each recording.

    Benefits
    A network security camera installation carries several benefits. A few perks include:

    • Remote access
      With modern-day IP security cameras, an authorized user can video live or pre-recorded footage on most electronic devices like laptops, tablets, smartphones, computers, and even smart televisions. They can also use the camera application to change settings, activate or deactivate the device, and share access with other individuals.
    • Two-way audio
      Some IP security cameras come with two-way audio where the authorized user can listen to the subject in the frame. Some cameras also have a built-in speaker that allows the administrator to speak to the subject. IP cameras are also known to render a much better resolution when compared to analog cameras.
    • Easy to install
      Most IP security cameras have an instruction manual that lets users plug in, register, and activate the device in a few minutes. Moreover, CCTV cameras usually require a professional to install the entire system, which may cost a lot of money. But one can pick up IP security cameras for much cheaper across several online retail stores.
    • Battery backup
      Some IP security cameras come with an independent battery backup. So in the event of a power cut, the device will still be able to record any unusual activities that transpire around the surveillance location.

    Connection options
    During the installation of a network security camera, an individual can choose from three types of network connectivity options.

    • Wireless network
      A wireless (Wi-Fi) network sends and receives data to a wireless router. Most smart devices, including IP security cameras in an individual’s home, can be connected via Wi-Fi. A person can view the footage by entering the IP address of the camera in a web browser. Internet service providers may also give their customers dynamic IP addresses that are changed occasionally to ensure better network security.
    • Wired network
      A wired network can connect an IP camera to the network with an ethernet cable. The installation is usually more secure than connecting to a wireless network, as there is little opportunity for interference with the signal or unauthorized access. Moreover, data transmission speeds with ethernet are smoother and more efficient than Wi-Fi.
    • Cellular network
      Cellular networks are slower than wireless and wired networks but also more convenient. Most IP security cameras are equipped with cellular transmitters, which enable authorized users to connect and view recorded footage remotely.

    Popular picks
    An individual will find hundreds of manufacturers that claim to make the best quality IP security cameras. However, only a few truly live up to their word. Here are a few popular options.

    Reolink 4-camera NVR System (RLK8-410B4)
    Available for about $360 on Reolink’s website, the camera allows customers to view the footage recorded on the NVR system or via the app on a smart device. The system comes pre-installed with a 2TB HDD capable of 24/7 recording and monitoring. Moreover, the NVR system that comes with the security cameras can also support up to eight cameras that record simultaneously. One can also install an external hard disk drive via eSATA up to 4TB for additional storage.

    Eufy Solo Pan and Tilt
    The Eufy Solo Pan and Tilt is an ideal option for homes. It can pan up to 360 degrees and tilt up to 96 degrees, which gives users an exceptional field of view. The camera also features an onboard Micro-SD card slot that can record videos in 2K resolution. Other features with the Eufy Solo Pan and Tilt include cellular connectivity, 2-way talk, IP64 water rating, and solar-powered functionality. In addition, one can get the security camera on Eufy’s website for about $55.

    Annke NightChroma (NCD800)
    This option from Annke is suitable for homeowners who wish to install a surveillance camera outdoors. The device offers a 180-degree field of view, 4K recording, and H.265+ coding that helps the camera record longer videos while consuming less bandwidth. The camera also features an IP67 water rating and is made of metal for enhanced durability. One can purchase the IP security camera for about $320 from Annke’s website.

    Read more
  • 3 best places to buy appliances

    Whenever we set out to buy anything new, we ensure that we have covered the entire ground. Home Appliances also belong to that category of products which are to be bought only after weighing the pros and cons of the same. When it comes to purchasing major appliances like refrigerators, dishwashers, washing machines, etc. you need to conduct your research well, check the features, see how much space it takes, test the doors, and more.

    When we decide on buying these items, we have to choose them with great care. There are various aspects to be considered, and your budget is a primary deciding factor. Then you have to decide which brand to buy from, and where to buy it from. However, once you have decided where to buy the product from, then it becomes easier to select a brand and the features since the top stores are known to house the best brands.

    Given below are some retailers that are the best when it comes to home appliances. Lowe’s, Sears, and Home Depot are the top three retailers who offer the best products with free delivery and minimum installation charges. Many of these retailers offer discount coupons as well for example the Sears coupons.

    Lowe’s
    Lowe’s has huge in-stores as well as online stores. It is a well-known retailer which has a large selection of appliances to choose from. The best part about buying from Lowe’s is that their appliances are readily available for hands-on testing. People love Lowe’s as it is welcoming and user-friendly. They go out of their way to help customers and provide professional assistance.

    The outlets usually sell major appliances. They also offer major discounts during their appliance clearance sales. Lowe’s bring out seasonal merchandise a month in advance. When it comes to festivals, it brings in the festive merchandise a month prior. They also sell lovely home design goods at great prices.

    Sears
    Sears is a top retailer in home appliances. It is at the top of most consumer’s appliance shopping lists because they offer Sears coupons and a lot of exciting deals. Sears have an exclusive appliance brand, Kenmore. It has been voted the best by most customers for almost every appliance, be it a coffee maker, vacuums, microwaves, or even refrigerators.

    Along with its offers in its retail stores, they also offer Sears Online Coupons, which are quite useful shopping online. Sears also provides the best customer service and the customer service staff’s knowledge is sure to resolve all your questions. It is a perfect destination for shoppers who love buying appliances or comparing them. If you shop regularly at Sears and are a loyal customer then you might know about the Sears coupons which are available only for members.

    Home Depot
    Home Depot is a huge online appliance retailer. It is quite famous but has limited in-stores. Home Depot is also a major retailer when it comes to appliances. Consumers like it because of its cost effective advantages when it comes to online shopping. They also offer exciting deals and discount coupons. They have friendly staff for customer service. These Customer Service Representative are instrumental in solving whatever queries you have.

    Lowe’s, Sears, and Home Depot, all of them are the top three retailers that provide best appliances, good customer service, different brands, a number of home care products, and so much more! You can shop and get a first-hand experience of the same. They also offer discounts, deals and occasional sales on holiday seasons. You may also get your hands on to some of their best products and you will know exactly why people love these retailers when it comes to shopping appliances.

    Read more