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Investing vs. Term Deposits

Term Deposits are easy to understand. You hand over your money for a fixed period of time for a return that's specified up front.

The challenge is in keeping up to date with all the options available and picking the one that best suits your needs.

If you have a larger amount of money to invest, you may need several term deposits, which is when it starts to get more complicated.

You also need to think about whether you can afford to have your money tied up for that period of time. You'll also probably have to pay tax on the return.

When the time comes for each of your term deposits to mature, you'll need to be ready with a plan for where to next invest the proceeds.

For investments of less than 5 years, and reasonably small amounts of capital that you can afford to have no access to, term deposits could be a good choice.

For longer term and larger-sized investments, investing with Accordia will give you:
  • - a greater opportunity for a higher return
  • - a more tax efficient return
  • - more diversified risk
See our case studies - here

Read more about investing successfully - click here