So what’s in Kiwisaver actually?
Cash (low risk, low return, quite boring)
Fixed interest (slightly more spicy but still pretty low risk and boring)
Property (more risk, more return)
Equities (Shares – higher risk/uncertainty, but greatest chance of a good return over the long term)
Just like a diet, your investment portfolio should ideally be diversified – with contributions going towards all four of these asset classes. Depending your ‘investment profile’ the % allocated to each of the four categories will change.
Rather than be satisfied with the ‘default’ option that you may be in, take the time to get into this just a little – if you can be that much more informed about your Kiwisaver, then you’re more likely to feel good about those contributions/
Derek and Darcy discuss the details of what’s in this box of goodness we call Kiwisaver
Listen to the Podcast here: