Fixed deposits: safe haven or missed opportunity in today’s investment landscape?

Are Fixed Deposits (FDs) a Good Investment?

An in-depth look at fixed deposits (FDs), weighing their pros, cons, and role in a balanced investment strategy.

Let me ask you a simple question: when you think of a safe place to put your money, what’s the first thing that comes to mind? If you’re like many people, the answer is likely FDs, or fixed deposits. They’re often viewed as the trusty old bicycle of the investment world — steady, reliable, and pretty much immune to crashes. But, does that mean FDs are still a good investment today?

Let’s dive into the FD waters with some relatable examples. And yes, if you caught my last article on how to invest in gold, you know I love keeping things practical and fun. So, let’s do the same here!

✨ Note: Non-members can read the full story here.

The Allure of Fixed Deposits: Simple and Safe

Meet Mr. X, a 35-year-old marketing manager. He’s just received a bonus at work and is considering what to do with this extra cash. X is not a fan of taking risks — no volatile stock markets for him. He just wants his money to be safe, grow steadily, and not give him sleepless nights. For someone like X, an FD seems like the perfect choice.