One we all know told me all his life savings were on term deposit - TopicsExpress

One we all know told me all his life savings were on term deposit and have been for years so he can buy a home one day. After inflation and tax he is losing But if he had put $10,000 in bank shares - CBA in 1991 when listed and reinvested divs etc. that would now be worth $450,000 - enough to buy the home he is saving for for CASH with little risk. Yes I bought them but took profits much too soon ;-(

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