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Some lottery players don't wish for luck, they make their own. Yet a string of recent "lotto hackers" in North America did not use high-tech gadgetry like the kind found in Hollywood films, but a knack for spotting patterns and exploiting loopholes.
As lenders loosen the purse strings and house prices take a dive, first-time buyers are more likely to be able to buy than at any time since the credit crunch.
How do you lose $13 billion? Quite easily it would seem, if Australia's "lost" superannuation is anything to go by.
With Australians riding the share market rollercoaster in recent months, many investors have sought alternative investment options. This has seen a spike in cash investments such as term deposits, as people respond to the idea of spreading their investments into other asset classes during tough financial times.
As cautious investors seek some relief from the trials and tribulations of the share market, banks have been flooded by cash deposits in recent months.
With the wounds of the global financial crisis still fresh, Australians have changed their attitudes to investing and are holding more cash within their portfolios than in the past, according to research from CoreData.
Australians are saving almost twice as much of their household income than they were five years ago, new research has found. Yet many of us are still not looking to high-yield investment options such as online term deposits.
There's less than a month until the end of the 2011 financial year and come tax time many Australians may receive an unexpected windfall, which if invested correctly could translate into significant financial gain.
The 2011 federal budget has promised to bring financial relief to some Australian families who, with the right investment strategy, are set to turn a minor boost into significant long-term gain.
The unspoken rule of term deposit accounts is that advertised interest rates are often negotiable. Ask for a better deal and an institution will likely respond by bumping up the rate. The only way to access these "better rates", up until now has been to call institutions directly.
Investing in real estate can have its disadvantages, not least when you have troublesome tenants. And with yields on residential investment property now averaged at 4.5 percent, there are growing questions about whether investing in property is really worth it.
The major four banks' combined yearly wholesale funding reliance is expected to double to $300 billion in the next decade and Australian term deposit customers are likely to help float the banks.
Australian investors looked beyond the major banks to deposit household savings in recent months, as smaller institutions' high interest rates paid off.
Investors heralded the buoyancy of the stock market recently, forecasting further growth in dividends, which inched ahead of bank term deposit yield on average this month.
Investors might assume that when it comes to saving money in a fixed-term deposit the longer you fix your lump sum, the better the rate. And many of the major bank's best term deposit rates support this assumption at the moment.
Australians with savings goals are weighing up all their high interest options in 2011. So when term deposits are pitted against savings accounts, which one will come out on top with the highest rates and best features?
Last year more than one-third of Australian investors voted with their feet to increase their holdings in products such as term deposits and other savings products. Investors with money to spare are continuing to look to cash products in 2011 to provide maximum security with attractive returns.
Savings can easily diminish at this time of the year, so any savings you have need to be carefully nurtured. Term deposits can be very useful during the silly season so you don't get too carried away and damage you nest egg.
Have you been with your bank for years and are looking to investment the money you have saved up into a term deposit? Typically your current bank will be the first point of call, mainly due to the fact that you are loyal and believe your bank will automatically offer the best rates but this is not necessarily true.
When it comes to term deposits there are some bad habits that can lead to losing out on big savings. But no matter what your habits are, there is a solution that can help you get the most of your investment and watch your money grow.
While the average interest rate for six- and 12-month term deposits increased slightly, the major four banks remain motionless, but you can find a better deal by shopping around.
Investors who choose short-term term deposits have been getting the raw end of the stick for quite some time, with rates much lower than longer terms. But according to new findings by RateCity, short-term term deposits are making a comeback while longer terms are falling off the tracks.
It has been revealed that many financial advisors need more guidance and education about term deposits, following a survey by investment management firm PIMPCO which found that almost half of the 200 advisors surveyed classify the investment product incorrectly.
In Australia, Datamonitor recorded that less than one in 20 out of 2100 people surveyed changed their bank in the past year. This means that the 19 out of 20 that don\'t switch accounts could be missing out on better interest rates. And those who have money tied up in term deposits could be putting their money at risk.
According to data from RateCity, more people have been opening savings accounts than term deposits in July. The data showed that while the number of applications for term deposits for July has increased by 44 percent since June, there were 19 percent more people applying for savings accounts than term deposits.