Skip to Content
scroll

MQGPE, MQGPC, MQGPD

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

The Latest Q&A

Question asked

MQGPE, MQGPC, MQGPD

Hi James, Hi MM, Wow really impressed by the new website! What do you think about MQGPE, MQGPC, MQGPD? Where is a good safe place to park money for interest returns while waiting to buy back into the market? What % of portfolio in cash, at the moment, is your preference for an active investor? Best regards Jill Champion

Answer

Hi Jill,

Thanks for thumbs up around the site. The notes you mention are fine, there was also a new WBC note launched recently at 3.4% over bank bills which was a solid offer. The only issue to highlight in terms of holding hybrids as a form of cash, is that if the market falls it will likely be on a deteriorating economic situation which in turn would see credit spreads wider and hybrids fall in price. A lot less than the market but they would still likely fall. As they say, if you want to hold cash, hold cash.

image description

Relevant suggested news and content from the site

Back to top