A little help goes a long way, and while many of us seek guidance from family and friends, when it comes to money matters, it pays to talk to a specialist.
Our Chief Executive Blair highlights the benefits of helpful guidance, and where to go to for expert advice.
Get in touch with an adviser:
AMP Wealth Management New Zealand Limited is the issuer and manager of the AMP KiwiSaver Scheme (the ’Scheme’). The Supervisor of the Scheme is The New Zealand Guardian Trust Company Limited.
The content on this video is for information only. The information is of a general nature and does not constitute financial advice or other professional advice. Before taking any action, you should always seek financial advice or other professional advice relevant to your personal circumstances. While care has been taken to supply information on this video that is accurate, no entity or person gives any warranty of reliability or accuracy, or accepts any responsibility arising in any way including from any error or omission.
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Should You Invest While in Debt?
Many people, regardless of their situation, want to make their money work for them. A lot of people are always looking in the long-term and are trying to invest their money for the future in any way possible. Here are some aspects to consider when you are investing capital when you are in debt.
Finding Peace of Mind As an Investor
You seem to find yourself constantly checking the rates of your investments and being emotionally stressed trying to figure it all out, while also trying to make minor adjustments to your investments each day. This is the exact opposite of what you want you need to be doing. Investing is usually a long term goal you are trying to reach, so you need to learn how to relax and find peace of mind.
Investing in Bonds
When you buy a bond, you are loaning money to a government or corporation. You simply lend the company capital, and they repay you at the maturity date with added interest depending on the length of the loan. Bonds are fairly secure and aren’t a very risky investment, making it ideal for novice investors.