Better than the bank
Retirees and others living off their investments are having a tough time of it right now in our historically low interest rate world.
Most term deposits pay less than 2%, barely keeping pace with inflation, while many savings accounts now pay virtually no interest.
Much better returns are available from equities, but investors have to be prepared to live with volatility if they invest in this asset class.
And there’s always a risk the sharemarket will fall off the cliff
