Jan 22 2010, 10:19 PM
QUOTE(besiegetank @ Jan 22 2010, 02:59 PM)
Every investment scheme has their advantage/disadvantage. Else why not all the banks close up their FD section?If you cannot see the benefits of FD, please don't stop others from doing that as well. A person with huge sum of money investing in FD may don't have time to research all the necessary information on investing in equity or other schemes. He can choose to enjoy fishing everyday with his money in FD which can last until his entire lifetime without worrying about the stock market like most of us.
Agree. Those who want higher return, they don't put in FD. But they need to bear the higher risk in other investment. In FD, can sleep soundly, but don't expect high return and in the long term definely not enough to keep up with inflation.
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