Keep The Change cover image

Are Term Deposits Cool Again? w Lighthouse Financial

Keep The Change

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The Importance of Real Returns

The cost of everything we go on by seems to be going up in price. But for those people who have money, they can then invest this beer money and get a higher return. Term deposits are very depressingly the only investment that's guaranteed to go backwards over the long term. The S&P 500 has gone forward 40 of the 50 years it's been around. So if you've got short term goals, right place to be isTerm deposits at 5.7% are a honey trap.

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