Victoria Harris

You put it in the bank and you get it.

So there's a little bit more risk, but, and that's why she's getting 2.98% return on that cash fund.

No, so they're usually with banks.

The high interest savings accounts, you know, you've got a transaction account, savings account, and then cash funds are usually with like managed fund providers.

What the cash fund is invested in is term deposit, but they're trying to get the best deal for you, you know, and they might be taking a little bit of more, you know, maybe some higher risk term deposits or some longer term deposits to get a higher rate.

Like they're kind of just, yeah, really trying to work your –

the cash for you.

Yeah, yeah.

I mean, it depends where you are in the world, right?

Like some get better returns than others.

But I mean, I would say, yes, put it in the 2.98% cash fund.

Basically, if you're getting a better return and you can access your money, go for it.

Yeah, yeah, exactly.

We all know inflation is about three, just above 3%.

So if you're getting 1.55, like you are right now.

You're going backwards.

You're going backwards, sliding off the slide.

So yeah, not advice, but.

But probably think about it.

Yeah.