Here are the investment options for self-employed individuals

Self-employed individuals and professionals may lack uniform cash flows, unlike their salaried counterparts. This often sees them park sizeable amount of surpluses for lean period and future business expansion investment avenues that may not yield adequate return. Moreover, being devoid of Employees Provident Fund (EPF) and other employment-related pension benefits, they are entirely on their own to secure their post-retirement future.

Those with irregular income can consider these investment options for parking their short-term surpluses and investing for their long-term goals.

Bank fixed deposits: One of the first thing that comes to mind while investing money for short term is bank