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September 21, 2020 at 2:16 pm #26103
Participant
Perhaps, I should have given you more info before posting the question. I have 2 investment properties which started off as negative geared but are now closing on neutral. As a result I have spare cash, but not yet ready to purchase my 3rd property.
Looking for ways to short term gain from the spare cash I have. The investment has to outperform the mortgage interest rate I am on (currently at 3.56%). Term deposits are obviously not an answer.
What ideas do you have (in the current economy) to do better than 3.56%?
I have so far dipped into:
ETFs (Gold)
Shares (mostly pharma)
Cryptocurrency