Quote Originally Posted by Guild View Post
Similar question but currently using total money with 100k no interest received and none charged on mortgage, thinking it might be time to use the 100k elsewhere and wondered if anybody thought this was smart or not, would probably end up replacing with 100k for a 2year fixed term.
With interest rates on Term Deposits so low, why do you want to lock up $100K of cash for 2 years? Gone are the days where you could get 9% with cash and it's not very likely we will see even 5% in the next 10 years.

I had over $1M in cash term deposit 3 years ago that I had to break (yes you lose most of the interest) to buy a house that wifey wont at an auction. It was sold under GV and while hind sight is 20/20, it certainly did a lot better than money in the bank. Not saying future house prices would repeat the same gains but there is a lot to be said about "cash is king". It is king if you're presented with an opportunity.