Unit Trust
After pondering for a week, I have made a serious decision to try some new things financially. I put some of my $pare money into a Unit Trust which enables me to invest a range of sectors from cash/fixed interest, property and shares in NZ and also internationally. It's risky, but I think I am at the best position to take one step ahead in learning how to manage money efficiently and the possibility of losses. My goal is to grow capital, but even if I end up losing some money, I'll just take it as a fee for a precious lesson for the future.
I actually have learned a lot about share, bond, trust, retirement, risk management, cash management, inflation, diversification, and investment strategies, since I took the initiative of finding a better way to manage my finance. It's always exciting to learn something which is totally out of your field, such as working at transportation while I didn't do civil engineering :P
I actually have learned a lot about share, bond, trust, retirement, risk management, cash management, inflation, diversification, and investment strategies, since I took the initiative of finding a better way to manage my finance. It's always exciting to learn something which is totally out of your field, such as working at transportation while I didn't do civil engineering :P
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