Where to park money in Nov 2022?

Robert Brain (Brainy)

   In the November 2022 Melbourne user group meeting, and in the webinar, we had a discussion about where to park idle cash while waiting for market opportunities. Some possibilities were raised by the user group members present. More suggestions can be added to this forum; but NOTE that there is no advice here, and any of the information that is posted might quickly go out of date. 
The information herein cannot be replied upon!!

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rbbrain Members Profile Send Private Message Find Members Posts Visit Members Homepage Add to Buddy List BullCharts Staff Joined: 22 Jul 2006 Location: Melbourne Posts: 169	Post Options Post Reply Quote rbbrain Report Post Quote Reply Topic: Where to park money in Nov 2022? Posted: 24 Nov 2022 at 4:27pm
	In the November 2022 Melbourne user group meeting, and in the webinar, we had a discussion about where to park idle cash while waiting for market opportunities. Some possibilities were raised by the user group members present. More suggestions can be added to this forum; but NOTE that there is no advice here, and any of the information that is posted might quickly go out of date. The information herein cannot be replied upon!!
	Robert Brain (Brainy) Convenor - Australian BullCharts User Group Brainy's Share Market Toolbox and BullCharts Tips [/CENTER

rbbrain Members Profile Send Private Message Find Members Posts Visit Members Homepage Add to Buddy List BullCharts Staff Joined: 22 Jul 2006 Location: Melbourne Posts: 169	Post Options Post Reply Quote rbbrain Report Post Quote Reply Posted: 24 Nov 2022 at 4:30pm
	Some of the Nov 2022 suggestions for idle cash opportunities included: * Macquarie Bank. Currently 4.25% but this might be a bonus rate requiring regular deposits to the account. * Ubank - Owned by Westpac? Currently 3.85% but with conditions. * NAB trade for NAB account traders - Currently offering 3%.
	Robert Brain (Brainy) Convenor - Australian BullCharts User Group Brainy's Share Market Toolbox and BullCharts Tips [/CENTER

rbbrain Members Profile Send Private Message Find Members Posts Visit Members Homepage Add to Buddy List BullCharts Staff Joined: 22 Jul 2006 Location: Melbourne Posts: 169	Post Options Post Reply Quote rbbrain Report Post Quote Reply Posted: 26 Nov 2022 at 5:08pm
	Update for Macquarie ""Savings" accounts. Current interest rate is 3.45%, but for NEW accounts is 4.25% for the first four months, then reverts to 3.45%
	Robert Brain (Brainy) Convenor - Australian BullCharts User Group Brainy's Share Market Toolbox and BullCharts Tips [/CENTER