CA: Fixed Deposits May Be Eroding Wealth

Imagine saving money in a Fixed Deposit (FD) account.

Many people think FDs are super safe.

However, an expert named Nitin Kaushik says that while your money is safe, it might not be growing as fast as prices for everyday things.

He says that although your money might double in an FD, the things you buy have gone up much more.

The expert thinks other investments like stocks or real estate might grow your money faster than inflation.

The main idea is that keeping your money too safe might actually make it lose value over time.