Paul’s verdict: Term deposits are terrible over the long term
Jul 28, 2022
3 minutes
Paul Clitheroe
I am always delighted to get questions about investing for our kids and grandkids, Jolie. This is not a technical discussion for me. My dad and mum did this for my sister and me. They put a few dollars into shares for each of us in most years, starting when I was born in 1955.
As it turned out, in later years they were able to fund our school education out of their earnings. Then Gough Whitlam came along and,
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