where to from here, page-23

camden55, MM, stefanis and other posters.
I have enjoyed the commentary and various opinions placed here in recent days.
Camden i appreciate your response re CDD but one thing for sure i will never forget that post of yours from a few years back. And yes we all get it wrong from time to time.
With regard to money flowing back into the share market, i had an interesting call from an aquaintance yesterday afternoon. He said i have substantial cash in the bank but the very best i can get is 4.4% on fixed term and its not enough to keep him and his wife enjoying life as they planned. What alternatives should i consider? My immediate thought was to buy bank shares (big 4) on the next dip for the divies plus franking credits. I also explained the risk of depreciating his capital if the markets retreated. (especially with MM and his mates shorting). A simple but good example why more cash is entering the share market.
I am no financial guru so would appreciate your thoughts with regard to his question.