Quote Originally Posted by h2so4 View Post
Just like putting money aside for the rainy day. What happens if it doesn't rain? You may as well not have the money.
I'll still have my savings and this increases each month and hopefully the interest earned helps me keep up with inflation. It is the great returns provided by the share market that I missed.
I haven't got the motivation or intelligence to study and pick individual stocks so will probably look at smart shares but I am still holding off until we have had a decent correction.
I switched my Kiwisaver to the most conservative a couple of months ago from a growth fund and will switch back to a growth fund after a correction. Maybe I should just buy a section and build a house on it? I am hoping patience will help my long term net worth this time round but as each year goes past it is getting harder not to do something particularly as I am past the halfway mark of my expected lifespan.