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tanking

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Get your investments out of RSA today,if possible.do not compare toUS$.Look at ozzie dollar!I did 3 months ago,my R1000 000 went up over R43000 in just 3 weeks!And thats just on cash in the bank!ozzie banks will gladly accept no resident accounts!
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4 REPLIES 4
Wizard
Super Contributor
What are the most popular banks in OZ. The ones that most people use?
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asylum
Super Contributor
would the euro not be a better bet?
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ABuzz
Super Contributor
Commonwealth and NAB (i think it stands for National Australian Bank)
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Plonky
Super Contributor
Agreed. I managed to open an account at the Commonwealth Bank, and got my quota allowed out when the exchange rate was R4.5 : 1Aud. The deterioration of the rand has certainly added value to that account.
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