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đź’¸ Cash 101: savings accounts, term deposits & cash ETFs

Australian Finance Podcast

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How to Invest in Quote Unquote Cash

The most popular one in Australia is called AAA or AAA depending on how you say it. That's from Beatas shares. It takes your money and pulls it with other investors money to get a better interest rate for that cash. So just like if you had your money in a savings account right now and every month the bank pays you interest maybe there's enough there to buy a coffee each month this ETF also pays you that interest out in the form of a distribution. Yeah I do the same thing because I can have multiple offset accounts all linked to the same part of my home line so I can separate that for different goals.

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