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Where to park money in Nov 2022? |
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rbbrain ![]() BullCharts Staff ![]() ![]() Joined: 22 Jul 2006 Location: Melbourne Posts: 169 |
![]() ![]() ![]() ![]() 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added to this forum; but NOTE that there is no advice here, and any of the information that is posted might quickly go out of date.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!!
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Convenor - Australian BullCharts User Group Brainy's Share Market Toolbox and BullCharts Tips [/CENTER |
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rbbrain ![]() BullCharts Staff ![]() ![]() Joined: 22 Jul 2006 Location: Melbourne Posts: 169 |
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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%.
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Convenor - Australian BullCharts User Group Brainy's Share Market Toolbox and BullCharts Tips [/CENTER |
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rbbrain ![]() BullCharts Staff ![]() ![]() Joined: 22 Jul 2006 Location: Melbourne Posts: 169 |
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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%
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Convenor - Australian BullCharts User Group Brainy's Share Market Toolbox and BullCharts Tips [/CENTER |
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