@TheSecularOne You think savings and fds will save you from inflation ?

@ilr if done wisely yes. My FDs are giving me an average of about 11% since most tenures are 10 years. A mannapuram investment is giving 13% . I have shares in a unlisted cooperative bank that is giving me 16% dividend. It's all about investing wisely. As for Equities a time will come when investors will be abusing all & sundry. As for gold it can never be an investment... 1/x

@ilr Btw in 2007 a guy tells me he went to US in 1995 with plans to not come back when he quit C-DAC. He gave the money to his father who refused to take it & insisted he put money in FDs. But he decided to come back after 5 years in 2000 & did not need the money so forgot about the money but since markets were rising he asked me if he could pull out the money & invest in stocks. I told him not to & also open a PPF account. Guess the tenure & interest rate? 30 year FD at 12% in SBI!

@TheSecularOne This is brilliant, but be careful. We're forecasting negative real interest rates globally, incl in India. That means FDs etc won't remain what they used to be and things like gold although 0 yeild would be safehouses.

@ilr I was told this long back in 2002 & to me it made a lot of sense then and guess what I bought a Jeevan Shree LIC policy that will mature in 2027! My only dud investment. But atleast it will yield better than Endowment Policies now that will yield what 2%? As of today I like NCDs from Gold loan companies. As for Equities I am still in wait mode. In equities it's all about patience in both entering & exiting.

@ilr basically his investment would rise about 35 times by the time it matured ! I won't even go into how much he had invested! I will tell you this much. It will be an obscene amount! So it's all about when and in which instruments. There may be times when SB account will be the best.. Ditto with any other investment! My2c.