I am helping my church to gather information on the feasibility of investing into some interest bearing securities for a steady income stream. I am not familiar with the bonds market and would certainly appreciate if you guys can offer some advice.
We are looking to invest about 200K. Obviously from a church perspective, we would want to stay away from high risk investment. Currently this money is sitting in term deposit earning 6% interest. I am exploring other alternatives such as bonds, notes, debentures or any other suitable investments.
I understand that on this forum, you are not allowed to give financial advice. Thus I am not asking for how to invest but only for information with regards to the interest payable, fees involved and where about to purchase it etc.
Any information would be great.
Thanks in advance.