10 min
How Coronavirus Might Change Your Investment Strategy | Ep. 202 The Property Academy Podcast
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- Investing
In this episode, we discuss how the Coronavirus might change your investment strategy. The decrease in interest rates have two effects:
They decrease the return savers get through term deposits
They increase the return property investors get through lower borrowing costs
It is not likely that property investors can get a higher cash return from their deposit as opposed to keeping their money in the bank. These small changes in interest rates can have a big impact to the bottom line.
We also mention the Opes Partners Instagram. Follow us there to get more regular property investment content and updates.
In this episode, we discuss how the Coronavirus might change your investment strategy. The decrease in interest rates have two effects:
They decrease the return savers get through term deposits
They increase the return property investors get through lower borrowing costs
It is not likely that property investors can get a higher cash return from their deposit as opposed to keeping their money in the bank. These small changes in interest rates can have a big impact to the bottom line.
We also mention the Opes Partners Instagram. Follow us there to get more regular property investment content and updates.
10 min