It seems investors and advisers alike have forgotten the benefit of tax exempt returns on the lower side of the yield curve. Cash-type instruments are once again moving to the forefront and justifiably so, with market conditions that question the continual sustainability of weekly record highs within the All Share Index. Slow to almost recessionary economic growth, a struggling currency, rising inflation coupled with soaring unemployment and continuous threats by the Reserve Bank Governor of forced rate hikes, due to inflation being above the target range, all signal danger. But where to go in the vast world that is the conservative investment?

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