Present FD interest is 8%
Inflation is at 8.1%
So, Real rate of interest is -ve .1%
Soon this will increase further on account of fuel price hike. Pls do not wait till then. Beat the inflation, by starting a Systematic Investment Plan at the earliest.
http://rajesh-financialadvice.blogspot.com
Thursday, June 5, 2008
Fixed Deposit V/s Inflation
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