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…
-
General23 hours agoSearch underway for missing boat off South Australia’s Cape Jaffa
-
Noosa News23 hours agoQueensland coroner investigates ‘extremely unusual’ deaths of premature twin boys
-
General23 hours agoAfter Bondi, it is time to take on Islamist antisemitism
-
General6 hours agoIncreased police powers begin at Adelaide Oval Ashes Test following Bondi attacks