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Posts Tagged ‘term deposit’

My Term Deposit is About to Mature – What are my Options?

February 19th, 2021

Term deposits have been a staple of many people’s wealth portfolio for a long time. However, with interest rates slashed in recent years, we are now seeing the banks (especially the “Big 4”) offering miserly interest rates of around 0.5% per annum. This is now lower than the rate of inflation, so term deposit investorsread more

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