I've got around 40k tied up in a useless term deposit earning 4%.
The remainder is spread across a few of the banks, TLS and VTS. I also have $20k of available margin I have not touched.
As a large chunk of this is my share of a house deposit (for ~12 months from now) from now I'm probably being a bit too cautious.
I have been reading about floating rate notes, in particular ANZHA which is currently paying 5.55%. Does this return come at the cost of liquidity?
I just feel as though my cash is doing nothing, and I'm not going to make any money sitting on my hands.