Business
Invest $5000 into these ASX shares immediately – Motley Fool Australia
With interest rates at record lows, I would invest $5,000 into Appen Ltd (ASX:APX) and this ASX share. Here’s why I like them…
Have you taken a look at the interest rates on your savings accounts recently? Right now, the majority of savings accounts offered by the big four banks come with base rates of just 0.05%.
That means that if you had $1 million sitting in one of these accounts, you would only earn interest of $5,000 a year.
Because of this, I continue to believe that it is better to put your money to work in the share market, rather than leave it to earn just paltry interest in an account.
If I had $5,000 in a…
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