It simply amazes me the amount of people that I know of who will accept the 0.05% interest that the saving accounts are giving them. It borders stupidity. At the very least you should have your savings in a term deposit or an online high interest savings account such as dragondirect or ingdirect. As of this writing the interest rate is 6.05% and 6.0% respectively. For more tips and resources on shares, options or managed funds , please visit my website regularly as this website is being upated!

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