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Member
Options other than Term Deposit/Savings Account
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
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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?
Originally Posted by 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
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Member
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
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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.
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Member
Have just begun looking into buying bonds. A little bit confusing but I will get my head around it.
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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
Last edited by JBmurc; 16-04-2014 at 12:07 AM.
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Originally Posted by milt1968
Hi BIRMANBOY thanks for the reply.
It is probably moving towards "gambling" I guess,
Bonus bonds
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Member
Originally Posted by Harvey Specter
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.
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Originally Posted by milt1968
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
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Member
I have 2.5 years, then I will need the funds.
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