Trust deeds are not a conservative investment. They are private securities, they are illiquid, and the relative value depends upon the credit worthiness of the borrower and the value of the underlying collateral. This is not to say that you should avoid these investments altogether ~ there may generous returns available for certain deals. But understand: the higher return is to compensate you for the higher risk. Make sure that you understand the risk factors in each deal and limit your portfolio exposure. If you do not have experience investing in private securities, you should engage a professional advisor or avoid these products.