12-10-2004, 06:00 AM
The local consumer advice site is http://www.sorted.org.nz/ which gives good overviews of options, but will not be tailored to your situation.
I have done a Finance degree, and know enough that I know I shouldn't advise you :P
Things that someone giving you advice would need to know:
- What are your goals
- What are your cash requirements
- Do you have a budget?
- What is your risk tolerance
- What is your age (has a large effect on risk tolerance)
- The local taxation environment
Some of the things that you can invest in (ordered roughly from lowest risk&return to highest risk&return):
- Government bonds
- "State" (or whatever subdivision of country) bonds
- Bank term deposits
- Corporate bonds
- Property (There are tons of options in this category. Note that unless you intend to sell the property at a profit later, or to rent it out, then it technically is a purchase and not an investment. Also note that property risk is hard to classify when I'm lumping it all together)
- Stocks
- Partnership / Franchise etc.
- Your own business
Anyway, my recommendation would be the same as some of those above... seek professional advice. If you want, come back here afterwards for verification. It would be hard to get decent advice over the net unless you happen to know someone in the field that also has particular knowledge about your local tax situation.