Comments on: ANZ out-gouges the NAB http://www.crikey.com.au/2009/10/29/interesting-anz-out-gouges-the-nab/ now with extra source Sat, 11 Feb 2012 22:03:37 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Pete WN http://www.crikey.com.au/2009/10/29/interesting-anz-out-gouges-the-nab/#comment-43422 Pete WN Thu, 29 Oct 2009 06:38:10 +0000 http://www.crikey.com.au/2009/10/29/interesting-anz-out-gouges-the-nab/#comment-43422 My high-school Economics teacher used to say 'Its better to own the bank than put your money in it' - owing to dividends and the fact that banks are investing/risking your savings anyway. Remembering that sage advice, I astutely bought a portion of 'safe' ANZ shares, at the peak of the market :) So its nice to start getting some good news from the banks again. Go Australia. My high-school Economics teacher used to say ‘Its better to own the bank than put your money in it’ - owing to dividends and the fact that banks are investing/risking your savings anyway.

Remembering that sage advice, I astutely bought a portion of ‘safe’ ANZ shares, at the peak of the market :) So its nice to start getting some good news from the banks again. Go Australia.

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