Welcome to today’s daily kōrero!
Anyone can make the thread, first in first served. If you are here on a day and there’s no daily thread, feel free to create it!
Anyway, it’s just a chance to talk about your day, what you have planned, what you have done, etc.
So, how’s it going?
I’m in my late 30s - I’m putting 8% into Kiwisaver (I know traditional advice is to not do extra here, but I like that it comes out of my pay before I even see it), and putting money into Investnow funds (mix of ETFs, some managed funds, and some term deposits) - though that has slowed down a bit while we concentrate on putting the usual savings money into overdue house maintenance.
I have a small amount of personal money in Sharesies, but I treat that more like gambling (luckily, cos it’s way down at the moment). I wouldn’t put any serious investing there.
Your second paragraph feels like a personal attack lol
Ha, sorry about that - I meant more that I don’t know enough to pick individual shares well, so I just chuck some play money in there from time to time, and if I lose it then it’s no biggie. For proper investing, for me ETFs are safer because of the spread, and I don’t need to go deep diving into the financials and risk of individual companies.
I think it is what you make of it…lucky it doesn’t allow leveraged investing…
I remember signing up and putting a couple Hundy down at like 4 in the morning after a night on the beers, bit my finest moment.
Leveraging is definitely a whole other beast, glad there’s no temptation there