Why Does A Fixed Deposit Feel Safe But Actually Lose You Money?

A bank Fixed Deposit today typically offers somewhere between 6% and 7.5% per annum, depending on the bank and the tenure you choose. On paper, that number looks comfortable. You lock in your money, you know exactly what you'll get back, and there's no market chart to check every morning. For most Indian households, this is exactly why the Fixed Deposit has been the default investment for generations.

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Chandigarh, Business, Why Does A Fixed Deposit Feel Safe But Actually Lose You Money?
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