You read that correctly.
I am very much happy; it caught your attention.
That’s what we have for you today, after all.
Three Premium Actionable plans that give you access to
1. Any time withdrawal at a higher rate than your traditional deposits.
2. A fixed-term investment that gives you a better rate of return than your traditional Fixed term Investments.
3. A promising Monthly income plan that really gives you the freedom to withdraw is always better than your traditional Monthly Income Plans
Want them, do you?
If so, then it’s time to take action.
Don’t waste any more time because time spent thinking a lot will cost you more.
See, what your father is doing was a copy cate of your grandfather. He was taught to trust in Bank because it is backed by Government and has a sovereign guarantee and invest with your bank only even if gives you less percentage. Your father shadowed your grandfather’s advice as he was a role model to him.
He kept following his father in the events of lessening interest rates. He didn’t care. He never felt the heat because that time rates of interest were decent enough to fulfill your father’s future needs.Your father gave the best education to you and your siblings.
10 to 12% returns on Bank FD were normal. You know average inflation in India has been close to 6%. It means your father was able to beat inflation comfortably.
Now you are to follow your father’s advice to stick up with bank Fixed Deposit? Is it wise to remain with bank FDs as your father could do? Last year rate of interest went south to 5.5%. and inflation went north. There was a great mismatch between the interest rate and the inflation rate. Current year RBI hiked rates slightly higher than last year’s to control inflation but is likely to reduce rates as inflation figures will touch low.
Another popping fact is that to comply with international parameters Government’s clear mandate is to keep interest rates down so that economy keeps up its way.
And this doesn’t mean inflation will keep pace with the reduced rate of interest. You would require to continually get a higher rate of return on your investments to beat inflation otherwise the lower rate of interest will eat up your dreams.
The fact is that; if don’t kill inflation, it will kill your dreams.
The cost of higher education is going up year on year.
The cost of marriages is going northward day by day.
The foreign trip is getting costlier day by day.
If you don’t buy a car this year, the same model will cost you more next year.
If you delay the decision to construct the dream house by 2 years, you need to take a bigger loan at a little higher rate of interest.
A delay in catching the latest phone will cost you more due to lifestyle inflation.
This list is endless.
The only way to beat the inflated cost of acquiring at the right time is to plan in advance and save at the right rate of return anyway.
We at Swaraj Finpro have come up with certain inflation-beating investment solutions for you. Above 3 pointers are very important keys to keep you up on inflation.
1. Any time withdrawal
Many businessmen used to keep their business funds in current accounts, and instead of getting any interest, they have to pay service charges to the bank. They usually keep this fund in current accounts for short terms. And it has been interesting that this current account money can also earn them a handsome amount if they park it in either Liquid funds and/or P2P investments.
Sometimes small businessmen and households don’t use current accounts and instead keep money in savings accounts to maintain liquidity, but lose interest by 3 to 5% as savings accounts give 2.5 to 3.5%. Saving account users have to opt for higher-return investments than savings account to beat inflation with quite a better difference.
What is the difference between Liquid funds and P2P:
|P2P Lending Investments|
Liquid Funds from Mutual Funds
|8.25% to 9.5% (Diff Plans)||Usually between 4% to 6%|
|Stable Returns||Not stable returns|
|Governed by RBI||Governed by SEBI||Any time withdrawal||Any time withdrawal|
|Able to beat Inflation||Rarely beat inflation|