RUPEECASE
EDUCATION . PERSONAL FINANCE . 1 OF 3
THE SAFE ASSET
Your FD pays 7 percent.
You can still go backwards.
An uncle told me at a wedding his FD had doubled his money in ten years. He was right about the rupees. He was wrong about what they could buy.
4.9%
what a 7 percent FD actually pays a top-slab saver, after the tax man takes his cut
-0.1%
what is left once inflation near 5 percent eats the rest. The real return on safe.
THE PART NOBODY PRINTS
An FD never shows you a red number. It just quietly hands you less every year and calls it safe.