I am a nurse who is going to work in australia this coming january for the year. I am leaving behind savings of 20,000euro and i dont want to leave it lying in my account for the year. I am a novice when it comes to the prospect of deciding on the best savings plan or investment scheme. Any ideas how i can get the best rate of return on this money?? thanks..
What other savings/investments/debts do you have?
What is your investment timeframe for this money?
What are you likely to use this money for?
What is your general attitude to risk/volatility?