[Decentlady]

The traditional thought of wealth increases wealth, still holds however, is fixed deposit in a bank the best and safest option? Although it gives some security compared to much volatile markets in say share market, but does it give us worthwhile returns considering the introduction of various taxes?

Where would you rather invest? What kind of fixed deposit do you prefer and why?

[augusta]

in. my country you can do fixed deposit with any bank for interest. Yes it is worth it. you can fix your money for months with them for a little interest

[holdoors]

It's worth it depending on rates offered by banks. I wait for their promotions but there are other options as well so I prefer to diversify. Do note that fixed deposit will need you to lock up your funds for a long period of time for the best rates.

[germainebull]

Fixed deposits as investment options are facing competition from mobile savings offerings, in my country. Less bureaucracy and more flexibility.