I'm Freaking Out What Do I Do With My Kiwisaver?


Market timing and why being a lemming is one of the worst things you can do with your Kiwisaver.




Transcript of Intro


00:00

So it's the same thing in terms of hysteria people when they see this

00:04

craziness of buying all this water or seeing the news and they start freaking

00:09

out. They start jumping on that bandwagon. The common thing in our

00:11

industry is you probably hear people trying to do market timing so I wonder

00:16

if you could talk a bit more about that? About some people may be talking

00:20

about changing their assets from growth to more of a conservative and why that's

00:24

a big mistake.

00:28

Beauty lies in the action of living your every day.

00:30

freedom is knowing it'll still be there tomorrow

00:46

Well I did get a phone call in respect of someone thinking about moving their

00:51

Kiwisaver from a growth arrangement to a more conservative arrangement and this

00:57

particular person was still in paid employment, they wouldn't be looking to

01:03

retire possibly for another 10 to 15 years and it would have been a huge

01:08

mistake. There's going to be and is volatility in the investment markets

01:13

because people can act irrationally it's the fear arrangement. The fear that

01:20

something terrible is going to happen so I better get in quick and cut my

01:24

losses.

More than happy to help in any way that I can

*A disclosure statement is available on request and free of charge.