Options other than Term Deposit/Savings Account

[milt1968]

I have $50,000 I want to invest in something OTHER than a term deposit or on call savings account. The 4% is ok, but is not that appealing to me.

What other options do I have?

Interested in mid to possibly-high risk.

T

[BIRMANBOY]

I would spend a few bucks and consult with an AFA as your first port of call. They will help you quantify your "risk tolerance" and give you some options. I would record the conversation myself (tell them you are doing this of course) so you can revisit what they tell you.
http://www.fma.govt.nz/ this is the website I would spend some time on first. PS you say "mid to high risk" ...most financially aware people would say that is probably not "investing" but bordering on gambling?

I have $50,000 I want to invest in something OTHER than a term deposit or on call savings account. The 4% is ok, but is not that appealing to me.

What other options do I have?

Interested in mid to possibly-high risk.

T

[milt1968]

Hi BIRMANBOY thanks for the reply.

It is probably moving towards "gambling" I guess, but what I really mean is something with a potentially higher return than a basic term deposit at 4%.

My risk tolerance is moderate I believe.

I am just at the stage where I want to move into something different, towards something where the possibility for profit is higher.

I dont mind a little risk.

T

[Sideshow Bob]

Listed property trusts are an option. Typically pay quarterly, currently most are yielding 6-7%, many have DRP's at a discounted price.

Traditionally not ideal time with increasing interest rate environment.

[milt1968]

Have just begun looking into buying bonds. A little bit confusing but I will get my head around it.

[JBmurc]

SILVER BULLION pure silver miners giving it away for below costs to mine let alone costs to replace resources mined ... if you have a longer term outlook and are bullish on electronics going forward .do no harm to hold a few kilo's ,,,,can't get any lower risk than Bullion
Higher risk ---Quality U308 share

[Harvey Specter]

Hi BIRMANBOY thanks for the reply.

It is probably moving towards "gambling" I guess,

Bonus bonds

[milt1968]

Bonus bonds

Chances are very low of actually winning anything. Had a substantial amount in for 6 months and came out a whole $160 up.

[Harvey Specter]

Chances are very low of actually winning anything. Had a substantial amount in for 6 months and came out a whole $160 up.

But it could have been up $1m.

Was definately a joke though.

Whats your timeframe - you could split it across a few yeild stocks on the NZX reducing the risk that you will lose capital. RBD, TEL, Property, WHS, etc

[milt1968]

I have 2.5 years, then I will need the funds.