
blog address: https://www.imperialfin.com/blog/are-you-preparing-yourself-for-the-big-opportunities-in-investments/
keywords: investment, mutual-funds
member since: Jun 9, 2021 | Viewed: 763
Are You Preparing Yourself For The Big Opportunities In Investments?
Category: Business
The concept of saving money has been since long in India and with time people started saving through goods that could grow as assets. In the near past, people have been aware of investing their money in the banks mostly in the form of FDs (Fixed Deposits). But one thing people fail to notice is that with the growing economy, inflation depletes the value of money every year. Even the best of banks in India give you returns up to 6% – 7%, and the average annual inflation rate goes up to 4% – 5%, thus leaving you with very little margin to grow the net value for your investments.
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