Hey I'm a total newbie when it comes to stocks, currently I'm at the "I have some money saved and I'd like to move beyond term deposits, what are my options stage"

In normal circumstances (i.e. when there's not a credit crunch on) What would the risk and return look like for:

a) Giving all your money to a fund manager i.e. AMP and going with an aggressive strategy

b) Investing in an index i.e. NZX

c) Investing in an index for a particular class i.e. utilities

d) Doing your homework, become an active investor and buy individual stocks


for b) and c) - i assume that you do this via a fund manager - though please do correct me if i'm wrong


Thanks in advance!