Should you keep your money in banks for Investment??

The big question today arises if the money kept in banks is a form of investment or not? Now what is "INVESTMENT" ?? Investment, is the decision which an investor takes where he uses his money to generate a fixed amount of interest over a period of time, the principal smount remaining intact. The banks give a prescribed rate of interest in their savings account and also on their schemes made for "economic welfare" known as fixed deposits. A majority of households in India considers that banks are the best institutions humans has ever created because of two reasons, first - money is totally safe and they will never loose their money if they keep it safely in banks. second - interest of 6% is given as extra in savings and fixed deposits. If you think the same, then you have not got another 2 things clear until now. First - the power of money and its wonders of multiplying itself to 1000 times dhen invested correctly. Second - the concept of risk and how ...