People rarely take this approach with their finances. Often, financial matters are treated like an overstuffed, messy closet that needs to be dealt with but remains closed and put off for another time
For every dollar that you put into your KiwiSaver account, the government will put in 50 cents, up to a maximum of $521.43 per KiwiSaver year.
Are you good with money? If so, you’ll know how satisfying it can be to decide what you want to achieve, plan how to get there and then sit back to watch your money grow.
Early in February after a long period of relative calm, the world found out that markets do contain a level of volatility they move up and DOWN and sometimes they can move quite quickly. What does this all mean to your average KiwiSaver investor… not much.
The balanced fund joins its Asset Class growth and conservative siblings, which are ultimately managed by US factor-based investment house Dimensional Fund Advisors.