Blog
This is the Future as according to Hamish Douglass - Magellan Lead Portfolio Manager
Posted in Savings on
Lisen to Hamish Douglass, the Lead Portfolio Manager from Magellan, speak about the future of investing. Hamish discusses a wide range of topics from his biggest influences to the most impactful trends that are driving his investment strategy today.
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KiwiSaver default funds told to lift game
Posted in Kiwisaver on
Thousands KiwiSavers may be missing out on potential earnings because providers are not doing enough to help them invest in the right fund, the FMA says. The Financial Markets Authority (FMA) annual report has ticked off providers of default conservative funds for not doing more to educate their members, and helping them to decide if they are in the best fund.
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Switching to self-employed? There's lots to consider
Posted in Savings on
Who knew that self-employment could lead to radical saving? There's typically more cash to handle than as an employee, but the flow is usually uneven, nothing like a fortnightly pay cheque. And there's no annual or sick leave, either. So running under our own steam calls for savvy money management, and it's a great opportunity to lift our money skills.
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Generate Focused Growth 1st for 3 year performance
Posted in Kiwisaver, Savings on
The recently released FundSource Performance Tables show the Generate Focused Growth Fund 1st out of 29 growth funds for 3 year performance!
View moreTheres almost no chance young investors will lose money over 40 years
Posted in Retirement, Savings on
Many people — especially young people — avoid the stock market because they fear risk. But that fear may be misplaced, according to a recent investment risk analysis performed by personal finance website NerdWallet.
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Alibaba Adds $42 Billion in Market Cap on Strong Sales Forecast
Posted in Savings on
Members in Generate’s growth funds have a small part of their accounts invested in Alibaba via the Polar Capital Technology Trust Plc. and T Rowe Price Global Equity Fund.
View moreJanine Starks: A million-dollar reason to change funds
Posted in Kiwisaver, Retirement, Savings on
I'd do anything for love. Would you? Then get your kids out of KiwiSaver default funds. You've guided them into signing up. Tick. You've got them putting in the maximum they can afford. Tick. But you've got no idea what sort of fund they should be in. Two out of three aint bad? Well it might be okay if you're Meatloaf, but it falls short when it comes to investment. A million dollars short for some.
View moreGet your free Government money
Posted in Kiwisaver, Savings on
Would you like free money? How about $500, and you barely have to do a thing? This time of year is all about tax. Just the word is enough to give some people the shudders, but resist the urge. Think instead of the free money going begging, and how easy it can be to get hold of your slice of the pie.
View moreGet Sorted: Why KiwiSaver balances go up... and down
Posted in Kiwisaver, Savings on
Quick question: what's the difference between a savings account and a KiwiSaver account? Short answer: when you put money in, the first always goes up, but the other goes up and down. That's no small thing. And while we personal finance folks like to go on about the magic of compounding for both saving and investment, sometimes we'd be better off pointing out how different the two are. The one caveat to saying that a savings account always goes up is inflation. Savings can actually roll backwards as well, when you bring inflation into the picture. You're adding money, but its real value and how much it can buy gradually becomes less and less. This is why we need investing.
View morePoor choices making KiwiSavers worse off
Posted in Kiwisaver on
The latest KiwiSaver fund updates show that scheme members are probably leaving hundreds of thousands of dollars on the table because of their conservative approach to investing. New Zealanders scour the web looking for the cheapest clothes, airline tickets, hotels and electricity deals but this low-cost approach may backfire when it comes to KiwiSaver because the lowest-fee funds have generally delivered the lowest returns in recent years. This low-fee strategy could be costing investors $100,000 or more on retirement.
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