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Your prediction for best performing investment financial year

Discussion in 'General Investing Discussion' started by crc_error, 18th Jul, 2008.

  1. crc_error

    crc_error The Rule of 72

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  2. Crusher

    Crusher Well-Known Member

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    haha! That will be hard to beat! :p
     
  3. jabba_jones

    jabba_jones Well-Known Member

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  4. C3PO

    C3PO Well-Known Member

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  5. AsxBroker

    AsxBroker Well-Known Member

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    Hi guys,

    I don't know who you bank with but St George Bank has been offering 8.6% for 12 months over the last 3 weeks, they've now dropped back to 8.1% (as at 20th July 2008).

    I'd be careful of MacBank TDs as their rates fluctuate very quickly.

    It shows that at any particular point of time you've got to shop around to see who is offering what.

    Cheers,

    Dan
     
  6. crc_error

    crc_error The Rule of 72

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    at the moment I'm putting my money into my 100% offset account.. this will be the outperformer!
     
  7. AsxBroker

    AsxBroker Well-Known Member

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    Hi CRC,

    I'm the same. Add back in your tax rate and your streets ahead!

    Cheers,

    Dan
     
  8. crc_error

    crc_error The Rule of 72

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    I'm paying 8.9% on my home loan now, so add 30% tax onto that its like earning 11.57%
     
  9. AsxBroker

    AsxBroker Well-Known Member

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    Hi CRC,

    I'm in a similar boat and nobody is going to pay us more than 9% guaranteed!