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Q&A: Retiring without a home, neobanks, ETF ‘L plates’ & choosing a broker

Australian Finance Podcast

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The Importance of Bonds

A bond portfolio a year ago was paying an effective interest rate of say, I thought of my head say 2%. Now that bond portfolio still had bonds in there that were like five years old. And when we've been looking at term deposits recently, we've found some that are around 4% for 12 months. So you'd still be better off in a bond, in a term deposit or offset account until interest rates start to go the other way.

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