Interest Rates Likely To Fall, Invest In FDs For Short Term, Ladder Investments
Published by Outlook Money
Abhishek Kumar's role: Quoted
Abhishek Kumar, founder of SahajMoney, cautioned that inflation over a long holding period can erode the real value of fixed deposits, and said those who can stay invested for long should spread their money across FDs and growth assets such as equity.
More of Abhishek's views on saving and deposits
Written while the RBI had not yet cut the repo rate, the article asks whether to lock money into fixed deposits before rates fall. Experts weigh long-term FDs against inflation, note that FDs suit horizons of under two to three years, point to PPF, EPF and, for senior citizens, SCSS for longer-term debt savings, and explain laddering FDs across staggered maturities. It includes comments from Abhishek Kumar.
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Interest Rates Likely To Fall, Invest In FDs For Short Term, Ladder Investments