I found 3.2% with interest payable monthly in one of the big Four (which was matched by another, when I walked around all day between banks. It will be mighty useful to supplement my super, whose performance has not been too crash hot in the past two years. It is a large amount of money and I already have Australian shares (blue chips mainly including banks, of course), and this money was inherited and I really don't want to carry any risk with it. That idea may sound odd, but it has strong family connections for me.
Just a bit nervous with selecting such a long term and almost will guarantee that the next interest rate change will be up.
Of course, real rate of interest is higher due to the monthly payout.
- Forums
- Fixed Income
- What is the best
I found 3.2% with interest payable monthly in one of the big...
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online