Share
7,053 Posts.
lightbulb Created with Sketch. 218
clock Created with Sketch. 19/02/17
20:47
Share
Originally posted by picastoc
↑
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.
Expand
Have you considered buying an Investment property? Even if you don't have enough to buy the property outright, you may be in a position whereby the rental income exceeds the mortgage repayments, thus providing a cash flow positive investment with potential for capital gains.
