OPINION: Investors want somewhere relatively safe that delivers good returns. Right now that’s hard.
New Zealand and US share markets are close to all-time highs, yet the global economy is in recession.
Bank deposits are thought of as secure, yet deposit rates are at ludicrously low levels. How does a one-year bank deposit at 1.25 per cent sound?
Shares may well go higher, but the brutal fall in March is a reminder they can go down as well as up.
See more of John's article here