purchasing power

The Danger behind Fixed Deposits Indians have a habit of putting aside some amount every month as savings. These savings mostly find their way into land or gold as Indians primarily invest in physical assets. There are two broad categories of assets, physical and financial. Real estate and gold are the best examples of physical assets, while fixed deposits, stocks and mutual funds are financial assets. Though Indians prefer physical assets, the only financial asset that can match their popularity to some extent is bank…