Fixed Deposit makes you Poor !

Описание: Most Indians believe Fixed Deposits are the safest investment. Reality? FD is one of the worst products designed for retail investors… and one of the best money-making machines for banks. 😳
Here’s the hard truth 👇
✅ FD returns ~6–7%
Sounds fine… until you realise inflation is also ~6–7%.
Real return = 0%
You’re not growing wealth — you’re barely surviving.
✅ Tax kills return
If you’re in the 30% slab…
7% FD → 4.9% after tax.
4.9% return vs 6–7% inflation = you lose money silently.
✅ Banks earn DOUBLE
Banks take your money at ~6%…
and lend the SAME money at 12–18%.
Processing fees, interest, penalties = extra profit.
FD is profitable — but only for banks.
✅ Deposit Insurance = ₹5 Lakh
If the bank collapses…
Only ₹5 lakh is insured under RBI DICGC rules.
Above that, it’s just hope.
✅ Opportunity Cost
Stocks, mutual funds, debt funds, bonds, gold ETFs
can return 12–16%+ over long term.
FD keeps you stuck in old-school “safety” mentality.
💀 FD feels safe… but makes you poorer each year.
Wealth is created by beating inflation — not hugging it.

🔥 So why do people still invest in FD?
• Lack of education
• Fear of markets
• Comfort of old habits
• Poor financial guidance
Financial literacy isn’t about chasing risk…
It’s about avoiding guaranteed loss.

💬 Comment below:
FD = Safe or Stupid?

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