are bank deposits safe?, page-5

  1. 155 Posts.
    I'm not fussed about bank deposits
    as they pay a very low interest.

    As soon as I have any spare cash
    I invest in more high-yielding
    listed Aussie property trusts.

    The only time I sell is when
    the yield plummets. As that
    hasn't happened of late
    I've accumulated a big
    portfolio of high-yield
    listed property trust
    shares. Somebody said
    that I should diversify.

    But why diversity from Excellence
    into Mediocre low-yielding shares
    or bank deposits or bonds. That
    doesn't make any sense to me.

    When I'm on a good thing
    I stick to it. Today one
    of our listed property
    trusts paid a quarterly
    distribution of $9402.

    Why invest in low-yield
    bank deposits, or bonds
    unless you're nervous or
    can't handle prosperity.
    Australian banks are safe
    but that is not much fun.
    This may brighten you up:











 
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