In for a penny or in for a pound?
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Another 2 cents worth, this time for justakiwi.
You're at a stage where you have to weigh returns against risk. You don't have as much time as JamesW's newborn to recover from bad stuff happening, so you have to be more cautious than you would have had to be 20 years ago. So in your shoes I'd be looking at a tilt toward property and infrastructure, and thinking about bland "global" vehicles.
But that doesn't mean you have to be entirely serious all of the time. Each year I throw caution to the winds and splurge $500 on whatever's cheapest on the NZX on April Fools Day.
A couple have worked out really well, some have gone nowhere, and some have gone right down the toilet. But it's been interesting and instructive to watch. and by isolating the rabid speculation it helps prevent me from doing stupid, impulsive things with "real" money.
Good luck, and occasionally keep us posted on what you decide to do
If you're looking to invest over many decades (in the case of a newborn), here are some thoughts:
https://finance.yahoo.com/news/buffe...162715418.html
Takeaway: never bet against America
If there's one thing to learn from Buffett's latest investments, it's that investors should look at the long-term view of markets and remain bullish on the prospects for the U.S. economy, regardless of growing risks in the short term. The country has survived multiple recessions and still provided stellar returns to investors who did not panic. In an interview with CNBC in 2017, Buffet said:
"American businesses - and consequently a basket of stocks - is virtually certain to be worth far more in the years ahead. The years ahead will occasionally deliver major market declines, even panics, that will affect virtually all stocks. Widespread fear is your friend as an investor because it serves up bargain purchases. For 240 years, it's been a terrible mistake to bet against America and now is no time to start."
So when you rush to your Kiwi Saver and choose the various actively managed funds, which one should you pick?
Hi GMT
Thanks for the reply, sorry it been a while since starting this post.
Update
I have opened an account for my daughter with sharesies.
Glad I was busy with work and only just got around to signing up before the covid announcement.
My daughter had 1000 in her account so I transferred it across and invested in one fund and one company.
500 into smart shares NZX50 FNZ
500 into ryman healthcare
I bought both of these not quite at the bottom, on the way up but they are both ahead to date.
I have also set up an auto invest each week into FNZ & USF
$25 per week.
The one that has managed share investments the longest? If so, that hold true to a certain point. Long ago in the 90s I had investments in Templeton Funds because of John Templeton's approach to value investments. Fortunately I never stayed long and moved it over to Berkshire and since then, that was the most wise move as Buffet has proved the vast majority of these managed funds underperform the index.
Find me a Kiwi Saver fund that adopts the same ethics and approach to investing as Berkshire does? Here's one to offer: How about not charging ANY management fees if the fund does worse than what the person could of done, by simply buying the market index return?
Longest?
Mainly buying & hold,little selling .more buying over time
"Having a “long” position in a security means that you own the security. ... A "short" position is generally the sale of a stock you do not own. Investors who sell short believe the price of the stock will decrease in value. If the price drops, you can buy the stock at the lower price and make a profit."
Yeah same with Templeton. Moved on