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The simple yet incredibly effective way to generate term-deposit busting income from just one quoted ASX fund – The Motley Fool Australia
Buying just one ASX fund can deliver a 3% franked yield plus the potential for capital growth, an attractive return compared to term deposits.
Home / Share Market News / The simple yet incredibly effective way to generate term-deposit busting income from just one quoted ASX fundWith the RBA cash rate set at just 0.10%, and according to RBA governor Philip Lowe, staying at that low level until 2024 at the earliest, earning a decent income from bank term deposits is impossible.
I am routinely asked for alternative investment opportunities to letting your money effectively rot in the bank.
I’m a stock market person, so will focus on using…
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