US EditionForget term deposits! I'd buy these two ASX 200 stocks instead
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Forget term deposits! I'd buy these two ASX 200 stocks instead
Term deposits have been very effective investments in the last couple of years thanks to the high interest rates. However, with the Reserve Bank of Australia (RBA) now cutting rates, I think S&P/ASX 200 Index (ASX: XJO) stocks could be better investments in terms of boosting wealth. Of course, term deposits are a great way to preserve wealth while generating a bit of passive income. However, for investors wanting to maximise their portfolios, te…
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