I was at the bank yesterday. A young woman in front of me was submitting a form for a term deposit.
2.7% p.a.
Wow.
I couldn't believe that someone would be happy to lock up their money for such a measly return.
I felt like suggesting that she buy some Galaxy shares, and that she would likely make that next week, or next month, or whatever.
Lucky you didn't give her that advice 12 months ago, she would be down around half her savings by now