Jumping categories

What kind of saver are you? Let's enumerate the main types, perhaps with some variations. There are savers who just keep money in the bank, plus a little bit of EPS, NPS, or EPF and some combination. Throw in some fixed deposits and some insurance products (generally ill-chosen), and that's it. The savings menu is complete. The bad thing about this mode of saving is that the returns are poor, and a great deal of money is left lying on the table. However, the good thing is that it gets done. Not only does it get done, it starts early, continues throughout the saver's earning life, and does not suffer from any shocks. All in all, the benefits from starting early and long decades of compounding somewhat mitigate the ill effects of underperforming types of investments. The next type is the saver, who goes out looking to save more and invest it to get higher returns. This person