The skyrocketing cost of higher education and rising inflation along with slower wage growth have made it more challenging than ever for families to save for university. This reality has left many parents shouldering a major financial burden by the time their children are ready to head off to college.

Out of the many investment options available on the market, mutual funds can be a beneficial portfolio addition for investors looking to diversify their holdings. However, potential investors may not have an adequate understanding of how mutual funds work and hence, may end up passing on this investment opportunity altogether.

Fixed deposit (FD) - or term deposit- is one of the safest, oldest and most common investment avenues. In the UAE, although the returns from FDs are tax-free, inflation can affect the returns significantly.

If you are looking for an alternative to conventional deposits that offers attractive interest payments and portfolio diversification, then bonds should be on your radar.

You have some money to invest. There are two ways to go about it - identify the stocks, bonds and similar assets - invest individually and manage them yourself. To do so requires expertise, time and effort.

There are a multitude of investment.

In the last article we had discussed.