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clock Created with Sketch. 19/02/17
20:47
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Originally posted by picastoc
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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.
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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.
