WAM 0.66% $1.52 wam capital limited

Staying ahead of the retiree Income LIC shakeout, page-27

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    Yes, pays a 9.7% yield dividend but it's SP is down 25.7% in the last year. You put your money in the bank and at least you can ensure the capital is maintained. That's why it's called the risk-free rate. I know which one I'd prefer heading into a recession.

    FYI, I have a deposit account with UBank that pays a 5% return on an "at-call balance".
 
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