are bank deposits safe?, page-7

  1. 155 Posts.
    William1982 bewails money locked up
    in an *unlisted* property trust.

    Even more worse off are the fools who put
    money into an *unlisted* mortgage fund.

    Some of those funds have been frozen
    ever since the Great Crash of 2007.

    Moral: Never put money into an *unlisted*
    fund as the only 'market' is to sell the
    units to the fund manager who sold them
    to you at a price that the manager sets.

    That's why I stick to high-yielding
    LISTED Australian property trusts.

    You can sell shares in seconds if needs
    be, for a price the market determines.

 
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