For those who earn from any job, business or profession, it's a given that they would look for some good saving option also. And it's mostly the case that they seek advice from family members, relatives and friends alike. So Fixed Deposits comes as the best option for someone who wants to have the safest investment. But is fixed deposit really worth it now? For a fact that banks keeps paying marginal interest on your money that is blocked with them, is it wise to overlook other better investment and saving options? Lot of young people believe that when there are so many options available that can double up your money, then why should one go for an Fixed deposit? What do you have to say on this? Should you follow your parents advice and go for the traditional method of investing money in FD only?
