Our parents love to invest in FDs?
Because an assured return is better than the volatility of stocks.
What if the market tanks?
These are several reasons why people invest their hard earned money in safe assets. Unmindful of the costs of inflation and taxes, thereby making their returns almost negligible.
When you are young, you have more time and less responsibilities.
So you can afford what most adults dread: risk.
Because you have little to lose.
And a lot more to gain.
When young, don’t park your time and money in fixed deposits!