Share markets are having a rough October - which has been a tricky month for investors historically. Readers of our newsletters will know we have been expecting a volatile year and have been positioned more defensively than usual as a result.
We would like to remind our members that KiwiSaver is a long term investment and we would recommend staying the course through this volatility and not making any changes to their fund selection because of it. In the long term shares will outperform bonds - but at the end of the day the decision is yours.
Here is an article from the last market drop in February that is still just as true today. Now is not the time to move from a growth to a conservative fund.Click here to read.