Strategies to get the most out of fixed interest

Tied up ... locking your money away for a while can boost returns. Photo-illustration: Greg Newington

KEY POINTS

  • Someone with $10,000 who doesn’t have an immediate need for the money might look at term deposits
  • Or there are several diversified bond funds that take investments of $5000
  • Be realistic about the returns you can expect from any asset, and the time needed to generate those returns
  • Direct involvement in bonds requires a substantial investment, so isn’t suited to people with smallish sums.

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Bina Brown Smart Investor

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