is my cash safe

  1. 279 Posts.
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    gday all
    just after a bit of advice/opinions from some people who are better educated than i
    i sold most of my shares(the ones i held on to a worthless now anyway) and am sitting on 180k cash in a term deposit with a credit union ,8.5 % was too good to ignore
    is this money safe?or with the current panic could i lose this as well
    should i buy a swag of gold and build a safe?
    at least i won a carton of beer when the all ords went below 4000 just now
 
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