How to build a portfolio so when you retire, you have a guaranteed income
| What does 0.5% interest rate reduction mean? |
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Great news, the Reserve Bank of Australia has announced a 0.5% reduction in the cash rate today. Let’s hope and presume that the Banks follow this lead and pass on the rate reduction to their clients. So what does this mean for investors? Well, with a 400,000 loan, it equates to a cost reduction of about $2,000 per year. That is, $2,000 extra in your pocket and a great investment that is creating wealth for you. If this whets your appetite to invest, then please contact us on 1300 980 487 and we will do the rest for you. |
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