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Banks and Term Deposits

The general opinion is that Banks are the most stable type of Investment. Actually, capital for this type of investment is stable, but the return can be highly variable, and is often comparatively low. Term deposits are a short term investment, usually only one year. However, if your desired investment period is five to seven years or longer, shares will often have a greater return.

 


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181 Beechworth Rd
Wodonga VIC 3690
Australia

Andrew Magg's Dollars and Sense Podcast
Find out how to manage your dollars and cents with these short gems from Andrew Maggs from AW Financial Solutions.

 

Related Information

Gearing
Managed Funds
Banks
Risks

 

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