98fiveFM: What to do when interest rates are low

1 Aug 2019

98five FM.

Radio discussion on what to do in low interest environment

If you have a short time frame (eg. saving up to buy your family home) or are risk adverse (eg. retiree) stick with cash and fixed interest.
Do not be tempted to buy shares or purchase fixed interest derivatives.

Consider postponing long term commitments (eg. phone contracts) and large capital purchases (eg. installing spolar panels).

Interest rates will eventually increase again.

Elson Goh joins Bec in the studio

Elson Goh from EG Financial joins Bec in the studio and they are going to talk about what to do in a low interest rate environment.

Posted by 98.5 Sonshine FM on Wednesday, 31 July 2019