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15/10/08
10:24
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looking for a "safe" option to park some cash while the air clears in the market for 3 months?
May have found a solution for you.
Its not a gold mine but an option to consider.
U BANK run by NAB..I hadn't heard of them, maybe you have.
Someone may find this an alternative to trading for a bit.
i know some on H?C were looking for safe alternatives, this is just one.
Pretty good rates considering the market situation and rate cuts happening and NAB backing.
http://www.ubank.com.au/home/index.html
Of course the rates are not huge but for some playing in the market at least you will be guaranteed a few bucks.
Good luck,
Dumper.
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