INVESTMENT TRUTH # 7
The fall of Bank fixed deposits Rate of Interest -
Are you aware that Japan, Denmark and Switzerland have negative rate of interest.
There are 22 countries in the world that have ZERO interest rate.
45 countries have less than than 3% interest rate.
There are 93 countries whose interest rate is less than India.
India's FD rate of Interest has fallen to 5.10%.
Can the returns from FD's beat INFLATION
Is it wise to park most of our asset allocation using this investment vehicle...
Have an accelerated wealth 🪄
Happy Investing 🙂
Biswajit Roy.
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