Investors turning to more exotic options

Investors turning to more exotic options
News from The Australian:

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  • Beware the risks of exotic investments
  • Try to keep your hobbies and investments separate
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A RISING number of investors who no longer trust traditional investments in property and shares are turning to more exotic options, and risking huge losses in the process.

While putting your hard earned cash into property, the stock market or even a savings account seems dicey since the GFC, investors who put money into wine, art, antiques or even ostrich farms are running a greater risk.

“You can certainly understand the mindset; shares have gone down, property has gone down, if you put money into a bank, you get 4 per cent…” says David O’Callaghan, a senior adviser for Skinner Macarounas and a member of Fortnum Financial Advisers. “So a lot of people…………… continues on The Australian

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