Sunday, September 4, 2011

Fixed incomes

In today's TOI there was an article about how IT companies are moving their cash to fixed deposits to get better returns. Its great for the banks.
So what I have been saying in my previous posts seems to be the way some of the corporate area also thinking.. Why not make use of the higher fixed rates from banks or CDs.

Go ahead, the rate tightening cycle still has not yet reached for at least the next cycle, especially since last Thursdays report on food inflation has come out as 10% and doesn't seem to be trending down ( for the first time it has hit double digits).

Take the step to invest in fixed income. At least make some real returns.

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