Growth and income

Which bank do you favour for 5-7 year term for both growth and income?

Thank you.

A: Thanks for the question.


5 to 7 years is a long, long period, however I am going to stick with my “form guide”.


If the new CEO of the cheapest bank, NAB (Andrew Thorburn), gets that bank into shape, who knows what it might do...


Bottom line – I wouldn’t just invest in one bank (they are too big), and I would certainly review any selection on a periodic basis.



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