It pays to go into a finance company investment with your eyes open
More on money at Consumer:
Know the risks
Reduce your risk
Term deposits and government bonds are generally considered low-risk term investment options, but it pays to go into a finance company investment with your eyes open. See Government guarantees for more information.
Here are 5 things you can to do to reduce your risk:
- Look for a good credit rating
Make sure the rating used is internationally recognised. - Read the investment statement and prospectus
Know where to look for the information you need. - Know what key questions to ask your financial adviser
Make sure they're up to the task of looking after your money. - Do your homework
Use our investor toolkit - Find out where to look for financial information. - Watch for distress signals
There are 12 key finance company "distress signals" to watch out for.
Important
Like you, we can't predict the future - which means we can't guarantee the performance of any company or investment. Consumer NZ does not endorse any specific company, scheme or investment. ConsumerSaver is a good starting point - but, before you commit, we strongly suggest you seek independent financial advice. See our full disclaimer.
