Why Investors are Turning to Mayfair Platinum?
Updated: Apr 8
For many, earning a low rate of return on their idle money is neither desirable nor sustainable, particularly given that inflation is currently higher (1.6% p.a.) than the cash rate (1.0% p.a.). Thousands of Australian investors, including retirees, self-managed superannuation funds (SMSFs), companies and individuals, are now left stranded earning less than 2.0% on their idle cash.
''Investors are now forced to look for alternatives to keep ahead financially and maintain their lifestyles. Otherwise they risk going backwards by doing nothing'' stated Mr Mawhinney.
''Off the back of the success we've had with IPO Wealth and with the current market, we've had a lot of investors contacting us looking for other ways they can invest their hard-earned money. There is an evident shift away from the banks and we see it every day. Investors are turning to Mayfair Platinum to get the service they deserve" says Mr Mawhinney.