Options for investing a bucket of cash

Newshub, Priscilla Dickinson, 23 August 2019

For people who want to grow their savings, given the worldwide economic slowdown and low-interest rates, currently, there's not much of an incentive. Short of stowing cash under the mattress, should serious savers grin and bear current interest rates of around 2 to 3 percent, or chase higher returns in the hope for an economic rebound?

Short of stowing cash under the mattress, should serious savers grin and bear current interest rates of around 2 to 3 percent, or chase higher returns in the hope for an economic rebound?

The answer lies in risk and return: how much risk you're prepared to take for a potentially higher return in future.

Leighton Roberts, co-founder of online investment platform Sharesies said that around 72 percent of Kiwis use savings accounts and term deposits as their primary place to hold investments and will be concerned to see their rate of return drop.

"In a low-interest environment, investing your money is likely to give you the best bet at growing your wealth.

"But it's also important to remember that no matter what you do with your money, having a regular saving and investing habit will put you in good stead," Roberts said.

Read more.



Nikko Asset Management New Zealand Limited (Company No. 606057, FSP22562) is the licensed Investment Manager of Nikko AM NZ Investment Scheme, Nikko AM NZ Wholesale Investment Scheme and the Nikko AM KiwiSaver Scheme. This material has been prepared without taking into account a potential investor’s objectives, financial situation or needs and is not intended to constitute personal financial advice, and must not be relied on as such. The Product Disclosure Statements are available on our website: https://www.nikkoam.co.nz./invest/retail.

The GoalsGetter Guide to Managed Funds

The GoalsGetter Guide to Managed Funds

Get our free guide to help you understand the basics of investing in Managed Funds.

Get the guide now

From our Info Centre

GoalsGetter Monthly Commentary December 2024

Global equity markets and global bond markets finished off 2024 with a weak month to close out what...

Investment Light Still shining amid the Economic Gloom

Domestic outlook for late 2025 more positive, but things could get worse before they get better …...

Strategic Asset Allocation changes to the Nikko AM Diversified Funds

The Nikko AM diversified funds are designed to provide investors with a carefully constructed mix...