W, arniei posted this on h/c the other day...not a bad option for 3 months @ 8% until the market settles.....nothing fantastic in profits but at least its earning without issues to contend with...beats standard rates most others are offering currently.
copy of post:
looking for a "safe" option to park some cash while the air clears in the market for 3 months?
May have found a solution for you.
Its not a gold mine but an option to consider.
U BANK run by NAB..I hadn't heard of them, maybe you have.
Someone may find this an alternative to trading for a bit.
i know some on H?C were looking for safe alternatives, this is just one.
Pretty good rates considering the market situation and rate cuts happening and NAB backing.
http://www.ubank.com.au/home/index.html
Of course the rates are not huge but for some playing in the market at least you will be guaranteed a few bucks.
Good luck,
Dumper
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- where the best place for cash at the moment
W, arniei posted this on h/c the other day...not a bad option...
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