Savings account vs shares

Even though interest rates are low, a high interest online savings account can still pay over three per cent interest, which is well ahead of inflation. A savings account with an Australian bank or credit union is government guaranteed, up to $250,000.

The Australian share market is volatile with experts unsure of where share values may head. Shares are not guaranteed. With shares, investors can lose their original investment, chasing higher returns.

Source: infochoice.com.au

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