4th Street Bar Hive-Bar

Hive-Bar Powered by Hive beta-fdb5b5b

Community post

what do you think about it??

steem...quesn.png

Depositing money in Bank ? Profit or Loss?

           As you all know we generally deposit our savings in bank account and most of the banks give about 4% interest on it and 5-5.5 % on FD's ...so generally think that we are in profit  but do you know what is inflation rate in our country....It is about 8% ....so we are not in profit but in loss of about 4%..

so it is better to invest in LAND assets or other in other things which have very high returns in 1-3 years..

I hope you will be satisfied with my explanation.....THANK YOU...

8 upvotes $0.00

Replies (7)

Review before signing

Posting as . Signing with . Keychain permission: Posting. Hive Keychain will ask you to approve this action next.


  
Technical details

Operation fingerprint: