Saving money is not as good as buying bond funds.

by rkcms on 2008-03-04 14:19:34

First, let's take a look at the returns on bank deposits. It is found through calculation that even if you choose a three-year fixed deposit, the interest income after deducting the interest tax is 5.13%, and the actual income after deducting CPI is -1.97%. It can be seen that the interest rate now is actually inverted, and residents' deposits cannot keep up with inflation.