While savings accounts, term deposits and bonds were all a bit miserable for a while, now they’re making more money.
While savings accounts, term deposits and bonds were all a bit miserable for a while, now they’re making more money.
Each week, BusinessDesk and the NZ Herald’s Cooking the Books podcast tackle a different money problem. Today, it’s why interest rates have changed the favoured investment types. Hosted by Frances Cook.
Interest rates have rocketed up both in New Zealand and around the world, and it’s safe to say it’schanged the maths for a lot of investors.
While savings accounts, term deposits and bonds were all a bit miserable for a while there, now they’re making more money.
You may well be watching this trend and thinking, ‘Hmm, I’d like to dabble’.
But what’s the best option for you, and how should you weigh it up against other money priorities?
For the latest podcast I talked to Stuart Williams, managing director of Nikko Asset Management New Zealand.
For the interview, listen to the podcast here.
• If you have a question about this podcast, or a question you'd like answered in the next one, come and talk to me about it. I'm on Facebook here, Instagram here, and Twitter here.
