fixed deposit investments are now slashing down to derail the investors expectations in banks

Everyone knows about the economical factors which directly or indirectly impacts the kitty of individual investors. when we talk about fixed income category , only one things strikes our mind first which fixed deposits or F.D with banks.

Are we unware of the fact that other choices also exists in the market but the thing is we want to play safe, DOES IT SOUNDS GOOD. if yes then simply go for the same and wipe out the expectations of returns from your mind because as economy grows fixed income returns or interests will go down gradually. As a result of this boost SBI recently slashed their term deposit rates to 50 basis points which caused the 3 or more years rates to persist at 6.25 to 6.5, which is again a negative for our savings as inflation is near about what we earn out of our deposits.

It is really good to see our economy in a growing phase and no question against its growth story in coming financial years but despite of having these changes we afraid of investing in other avenues which can hedge from inflation and from unseen turmoils in financial kitty of every individual.

Soon every bank will follow the same rule and will slash down their rates so try capital markets to make returns for you.

posted by,
saket kumar singh( Founder)
lakshya wealth services

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visit : www.lakshyawealth.com

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