Guiding consumers since 2009

Shelter from the storm

By Staff Writer
Shelter from the storm

By Madoda Milazi
From The Times

High interest rates mean that cash in the bank offers good returns.

The smell of fear emanating from equity markets is probably making many people wonder whether they should sell their stocks and put the money under their mattresses.

Justmoney.co.za says:

The mattress is not a wise option, but in the current environment of high interest rates consumers can reap rewards on conventional bank savings. Repay debts, top up your bond, or choose credit cards and bank accounts that pay interest.

 

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