What's the best way to explain my Dad - Mutual Funds is better option than FD and MF gives higher returns. His statement is that "it is risky and might have to bare the loss sometimes and can't remove the cash whenever required (has lock in period). FD is safe play. Mutual Fund involves share market and there is no guarantee." I tried explaining him a lot. But didn't work in my style. How would you convince such a person in this situation?
Download the medial app to read full posts, comements and news.