Better investment income
MY MONEY is invested with Absa in its Investment Advantage portfolio, where it’s currently earning only 6,5% in interest. I’m 72 and I rely on the monthly interest to supplement my pension. Without the interest I wouldn’t be able to keep my head above water. We’re also aware of the strong likelihood of interest rates falling further.
I would also not like to tie my money down so that it’s not easily available.