ZIP 0.41% $2.42 zip co limited..

Ann: Zip Mandates NAB on Master Trust Programme, page-26

  1. 1,407 Posts.
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    That is a ridiculous post. Cant get cash....Interest rates are at all time lows, and will be for at least the next 5 years. Banks are scrambling to get a return on deposits, they are obviously offering Zip very reasonable rates, probably 2 per cent, if that.. Money in the banks are a worthless asset. People will, as they have throughout history spend AHEAD of their means. That's the human condition. That's what Zip is all about., and if they, ZIP can borrow a zillion and use it to turn a profit, well whats wrong with that.?
 
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