Every Indian household relies on this wisdom: "Pitaji ne Kaha FD - Sab Sahi hai." (Dad said FD—it’s all safe.) 🏦

This belief—that traditional, fixed-return instruments are the best way to create long-term wealth—is Myth 19, and it is costing you lakhs in real purchasing power today.

In this crucial episode of The Truth About Investing, we examine why the FD strategy (which worked when rates were 12-16%) is a major mistake in today’s financial environment.

🎧 Join the conversation to learn:

• The Negative Return Trap: We show you the math: If inflation is 7% and your FD yields 6.5%, you have a negative real return after tax! You gain mental peace but lose wealth.

• The Psychological Cost: Why the comfort of knowing your capital is "safe" in the bank is prioritized over the necessity of beating inflation.

• The Solution: FDs are only for short-term needs. For long-term goals, you must embrace Asset Allocation (Stocks, Mutual Funds) to maximize returns and mitigate risk.

💡 The Inflation-Beating Checklist:Before you commit your savings based on tradition, Sanchit Taksali insists you must answer these 4 questions:

1. Inflation Check: Does this investment reliably beat the current inflation rate?

2. Tax Efficiency: Does this asset provide any tax benefits over a fixed period?

3. Goal Alignment: Does this fit my current risk appetite and my required corpus goal?

4. Timeline: How long will this take to fulfill my financial goal?

🔮 Next Episode Teaser:Now that we've challenged tradition, the greed kicks in. Next time, we revisit Myth 20: The Shortcut Trap – "Aisi koi cheez/tip Batao Jissme Paisa double ho jaaye" (Tell me a tip that doubles my money). Is this truly investing, or just gambling?

[ Financial Literacy | Sanchit Taksali | Fixed Deposit | Inflation | Asset Allocation | Hindi Podcast | Traditional Investing ]