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Investment choices

Lowe, Jonquil (2010). Investment choices. In: Mazzucato, Mariana; Lowe, Jonquil; Shipman, Alan and Trigg, Andrew eds. Personal Investment: financial planning in an uncertain world. Basingstoke: Palgrave Macmillan, pp. 67–111.

URL: http://www.palgrave.com/page/detail/personal-inves...
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Abstract

Having identified a need to save or invest, private investors have a wide range of assets and products to choose from. There are many different types of savings and investment product, with a variety of different features. Some offer income, some capital gain, others both; some have guarantees, some do not; charges may be explicit or subsumed into the interest rate offered; and tax treatment may vary. But whatever the make-up of the product, the attributes come down to three basic features that can be characterised by the questions:

How much will the return be?
When will the return be paid?
What is the risk that the amount or timing of the return might not turn out as expected?

Item Type: Book Section
Copyright Holders: 2010 The Open University
ISBN: 0-230-24660-5, 978-0-230-24660-7
Keywords: investment risk; return; rationality; gilts; corporate bonds; shares; discount rate; present value; expected value; fundamental analysis; human capital; imputed rent
Academic Unit/School: Faculty of Arts and Social Sciences (FASS) > Social Sciences and Global Studies > Economics
Faculty of Arts and Social Sciences (FASS) > Social Sciences and Global Studies
Faculty of Arts and Social Sciences (FASS)
Research Group: Innovation, Knowledge & Development research centre (IKD)
Item ID: 40644
Depositing User: Jonquil Lowe
Date Deposited: 29 Jul 2014 10:00
Last Modified: 06 Aug 2019 08:46
URI: http://oro.open.ac.uk/id/eprint/40644
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