You will have the most peaceful sleep, if you keep all your money in FDs.
- No volatility.
- Close to 0 risk.
- Easy life.
But, over a long-term: you will lose a significant chunk of wealth.
- You make 7%
- Pay 30% tax
- INR depreciates 3-4% a year.
You are left with close to nothing.
So this argument: "oh, invest in things that let you sleep peacefully" is idiotic.
Not taking enough risks is the biggest risk the world right now.
Applies to career & money both.
There has been a lot of talk in the past few years about blockchains, which are heavily hyped but poorly understood. https://t.co/Tpctc1yqBW via @cdixon