Like a big fat trout

With interest rates stuck at record low levels it’s not difficult to be sucked into investments offering higher rates.

“You rose like a big fat trout”. That’s what Glyn’s father used to say when he teased me into reacting to one of his practical jokes. And it’s like that if you’re trying to get money from gullible investors. Offer them a higher rate of return than they’re getting from their bank deposits. Not too high – that would be suspicious. Just high enough to be tempting. Buyer beware: an interest rate higher than the norm means an investment risk higher than the norm.

Castle Trust Financial Planning team photo

Your better financial future starts here

Your better financial future starts with a conversation with one of our financial experts. We offer 30 minutes free consultations to help give you peace of mind that we can help you where you need it most.
Book now

Contact

Richmond office: 278 Queen Street, Next to the library
Phone: 03 544 1428
Motueka office: 217 High Street, Opposite Elevations
Phone: 03 528 4184
admin@castletrust.co.nz
Castle Trust Financial Planning logo white
© 2023 Castle Trust Financial planning. All Rights Reserved. Disclosure information. Privacy Statement.
chevron-down linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram