“Inflation is eating your money. If you are keeping your money in Savings and Fixed Deposits, you are doing great injustice to yourself.” I see many LinkedIn users saying this in times of low interest rates on FDs compared to eye-popping returns on other asset classes like equity and cryptocurrencies. Is it wrong to keep money in FDs? Definitely not! Keeping money in FDs provides you with the safety of principal along with quick liquidity that…
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