Banker: Why put money in FD? You put money in this bond fund can make more money. About 5% per annum.
Sis: Is this 5% guaranteed?
Banker: Banks cannot say it is guaranteed one but if you look at the history, this fund is very good and have consistent returns.
Sis: But there is administration charge...
Banker: Don't worry, you will make more money, more than the admin charge.
Sis: Then, the value of the bonds might fall...
Banker: Value might fall but sure to come back up one. Don't worry.
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The banker said "banks cannot say it is guaranteed" but how many verbal guarantees had she made in that short conversation? ......
