sharetrader
Page 1 of 3 123 LastLast
Results 1 to 10 of 29
  1. #1
    Advanced Member
    Join Date
    Oct 2001
    Location
    chch, , New Zealand.
    Posts
    2,494

    Default How is everyones Kiwi saver holding up?

    Nearly everyone I speak too has put their kiwi saver onto conservative or cash in the last few weeks, except for one brave young soul who will not retire for Thirty Five years anyway.

    Someone mentioned on another thread that forced selling by funds, due to people leaving aggressive funds was driving down prices, but do many kiwi saver schemes have many holdings in NZ shares? My aggressive fund was nearly all overseas shares from memory

  2. #2
    Member
    Join Date
    Jun 2016
    Posts
    87

    Default

    I'm in a growth fund and too scared to look. Can't do anything about it now.

  3. #3
    Junior Member
    Join Date
    Jun 2013
    Posts
    21

    Default

    I'm in a conservative fund and is down about 10% from the top.

  4. #4
    Member
    Join Date
    May 2014
    Posts
    302

    Default

    Seeing as I'm a few decades from cashing it in...

  5. #5
    Guru
    Join Date
    Apr 2003
    Location
    Wellington, New Zealand
    Posts
    4,876

    Default

    Not too well, but not too concerned. I am in FNZ, and from the graph it is about where it was 1 year and 1 month ago. So no worries. Long term outlook for me on this one.

  6. #6
    Senior Member ananda77's Avatar
    Join Date
    Jun 2004
    Location
    New Zealand.
    Posts
    1,465

    Default

    No worries here. After all, it's a retirement fund and had been Cash since December 2018. After all this goes well, sure it will be growth...just not yet until the full extent of the recession becomes clearer.

  7. #7
    Advanced Member
    Join Date
    May 2000
    Location
    , , .
    Posts
    1,866

    Default

    Growth fund doing badly at the mo but luckily used everything 2 years ago to buy my house. Still 20 years away from retiring tho so it should bounce back nicely (one hopes).

  8. #8
    Member
    Join Date
    Jan 2020
    Posts
    239

    Default

    Growth fund. Haven’t even looked at it as its nothing in relation to my main self managed holdings.

  9. #9
    Membaa
    Join Date
    Nov 2004
    Location
    Paradise
    Posts
    5,295

    Default

    Staying in growth, long term horizon, don’t want to miss out on all these cheap shares my fund is buying. They have to keep buying, buy buy buy. KiwiSaver isn’t a trading tool

  10. #10
    Advanced Member
    Join Date
    Oct 2001
    Location
    chch, , New Zealand.
    Posts
    2,494

    Default

    Mine only updates at the end of each month, February it was flat, but bracing for March to be a shocker even if it is only in a conservative fund. Wishing now had gone all the way down to cash fund

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •