php wrote:Jennifer wrote:Posting the following here instead of at Money as would like to hear from friends.
After I stopped working in 2000, I rely on hubby for pocket money. I did not n have not stashed a private fund.
He will be giving me a lump sum (I asked for $10,000) after I told him an aunt strongly advised me to hv a private fund.
Now, I am thinking I shld invest the money wisely.
What sort of risk adverse investment would you recommend?
can consider preference shares
for e.g. Genting, dividend is 5.125% pa.... they distribute twice per year...
unlike other bonds, don't need to have large sum of $$$ to invest......one lot only about $1k+ now.....so affordable to invest, risk is low and return definitely better than the 1% from bank....
don't need to monitor price at all, just leave the money there and collect your dividend.....
Preference shares, ah I forgot exactly what these r.
Other than Gentings, any other sure bets as in the company would close down ones?