Hi guys,
I currently have ~$30k in my offset account but I'm currently on probation in a new job so can't buy another IP (and don't want to) for another 5 months.
It's offsetting a loan which is at about 5% pa so I'm happy for it to sit there and continue doing this, but just wondering if anyone has any suggestions on alternative uses for the money which will yield a higher rate over the next 5 months or so?
I want to have the funds available again in 5 months time so I won't look at options which will lock this money away for a longer period than this...
Cheers
I currently have ~$30k in my offset account but I'm currently on probation in a new job so can't buy another IP (and don't want to) for another 5 months.
It's offsetting a loan which is at about 5% pa so I'm happy for it to sit there and continue doing this, but just wondering if anyone has any suggestions on alternative uses for the money which will yield a higher rate over the next 5 months or so?
I want to have the funds available again in 5 months time so I won't look at options which will lock this money away for a longer period than this...
Cheers