low interest HK Loan in OZ Term deposit

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  1. #1

    Join Date
    Jul 2007
    Location
    Ma on shan
    Posts
    102

    Smile low interest HK Loan in OZ Term deposit

    Interest rates for personal loans are so low in HK, and i see the opportunity to make money for nothing by putting that money in a Term deposit. I intend to wait for the Aussie dollar to drop to the 6.5 mark before i do this...but i wonder am i overlooking anything else? Any suggestions on the most economical way of doing this..best bank etc ....i see some banks offering up to 6% interest on a 2yr deposit.!!!


  2. #2

    Join Date
    Aug 2009
    Posts
    1,845

    Athough the Aussie economy is on steroids at the moment the $AU coud fall at the drop of a hat for any number of factors. ia Mobile Device[/i][/size]

    Last edited by Loz_2; 20-11-2010 at 12:22 AM.