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Getting the most out of term deposits

Discussion in 'Money Management' started by Simon Hampel, 22nd Apr, 2009.

  1. Simon Hampel

    Simon Hampel Co-founder Staff Member

    Joined:
    9th Jun, 2005
    Posts:
    4,623
    Location:
    Sydney, Australia
    Getting the most out of term deposits - Australian Securities and Investments Commission

     
  2. AsxBroker

    AsxBroker Well-Known Member

    Joined:
    8th Sep, 2007
    Posts:
    1,448
    Location:
    Sydney, NSW
    Hi Sim,

    Interesting website, though number 4 is a bit weak.

    "4. Why would I want something else instead of a term deposit?"

    Liquidity is only one issue, how about lack of capital growth?
    $100,000 in 2000 is still $100,000 in 2009!

    Come on ASIC lift the game!

    Cheers,

    Dan