Deleted
Deleted Member
Posts: 0
|
Kiwisaver
Jan 25, 2022 10:07:47 GMT 12
via mobile
Post by Deleted on Jan 25, 2022 10:07:47 GMT 12
Been trying to find out if the loss I made last month on my ANZ (passive management) conservative Kiwisaver is good or bad.
Lost 1.4% last month on a 12 month gain of 3%.
I know that inflation has screwed bonds and the stock market has crashed. But how does your compare?
Should I go to a Active management provider like Milford?
. . Luckily I have other investments... Cos I could see that Kiwisaver would be a dud for me cos it came to late.
|
|
|
|
Post by dutyfree on Jan 25, 2022 10:21:31 GMT 12
up 5.6% year (excluding contributions) down 2.8% in last month. Denominator matters if you are interested in total $$.
Very few successful stock pickers in the world. But I am probably too economically rational for my own good.
|
|
Deleted
Deleted Member
Posts: 0
|
Kiwisaver
Jan 25, 2022 12:01:29 GMT 12
via mobile
Post by Deleted on Jan 25, 2022 12:01:29 GMT 12
Nice one mate .. -2.8%, that made me feel better . Is yours conservative , balanced or a high risk "ninja" fund.
|
|
|
|
Post by dutyfree on Jan 25, 2022 14:35:21 GMT 12
"high risk"  |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jan 25, 2022 15:12:31 GMT 12
Thought so.i'm to old for anything to risky. You young bucks can take the odd hit.
|
|
|
|
Post by dutyfree on Jan 26, 2022 11:23:12 GMT 12
I actually dont think the Kiwisaver funds high risk are very high risk to be honest. They tend to be very globally balanced etc. Plus I am not that young |
|
|
|
Post by GO30 on Jan 26, 2022 18:54:47 GMT 12
I actually dont think the Kiwisaver funds high risk are very high risk to be honest. They tend to be very globally balanced etc. Plus I am not that young  I totally agree, you aren't that young  
Also agree with the rest of it, most Kiwisaver schemes I've seen are designed to be reasonably safe longer term.
Carbon and Green are where the big coin is....but in saying that the stand out gainer in my USD portfolio is ...... can you guess? The choices are new battery technology companies 2 off, a hydrogen cell company, a fuel cell development company, a fossil fuel company with a chequered history, Oracle, Rocket Labs and a bank.
My best returns, by a nautical mile, are in the green economy. Huge thanks to BP from that other forum for banging on and on 'Follow the money', in an attempt to show big oil was screwing the CC pooch, But little did he know at the same time we had a significant interest in a oil field so knew he was only flapping his jaws parroting some millennia aimed headline CC alarmist crap, he sure as shit wasn't making a call based on the facts. They have paid off even better than the NZ housing market.
Next best is carbon, NZ Govt Carbon credit auctions = yummy. Planting trees and getting paid lots to do so (but not that weeds called pine, they are for the greedy, the short sited and the retards like James Shaw and his teenie bopper trolls who don't know the big damage pines do). On going carbon credits.
Oh, the best performer and by a nautical mile in my USD portfolio is...drum roll.....or should that be a barrel roll please....... Exon Mobil, go figure.
|
|
Deleted
Deleted Member
Posts: 0
|
Kiwisaver
Jan 26, 2022 21:25:04 GMT 12
via mobile
Post by Deleted on Jan 26, 2022 21:25:04 GMT 12
I actually dont think the Kiwisaver funds high risk are very high risk to be honest. They tend to be very globally balanced etc. Plus I am not that young I totally agree, you aren't that young
Also agree with the rest of it, most Kiwisaver schemes I've seen are designed to be reasonably safe longer term.
Carbon and Green are where the big coin is....but in saying that the stand out gainer in my USD portfolio is ...... can you guess? The choices are new battery technology companies 2 off, a hydrogen cell company, a fuel cell development company, a fossil fuel company with a chequered history, Oracle, Rocket Labs and a bank.
My best returns, by a nautical mile, are in the green economy. Huge thanks to BP from that other forum for banging on and on 'Follow the money', in an attempt to show big oil was screwing the CC pooch, But little did he know at the same time we had a significant interest in a oil field so knew he was only flapping his jaws parroting some millennia aimed headline CC alarmist crap, he sure as shit wasn't making a call based on the facts. They have paid off even better than the NZ housing market.
Next best is carbon, NZ Govt Carbon credit auctions = yummy. Planting trees and getting paid lots to do so (but not that weeds called pine, they are for the greedy, the short sited and the retards like James Shaw and his teenie bopper trolls who don't know the big damage pines do). On going carbon credits.
Oh, the best performer and by a nautical mile in my USD portfolio is...drum roll.....or should that be a barrel roll please....... Exon Mobil, go figure.
what's a USD portfolio? |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jan 27, 2022 3:01:38 GMT 12
My Kiwisaver is in a conservative fund at ASB,proberly can do better by shifting it but still doing better than normal bank interest investment rates,besides would I of saved x amount in last 15yrs?? just looking at it thinking,any young person should take it up as soon as they can even if mum/dad chuck enough to get it up and running.Longer they are in the better.
|
|
Deleted
Deleted Member
Posts: 0
|
Kiwisaver
Jan 27, 2022 7:03:46 GMT 12
via mobile
Post by Deleted on Jan 27, 2022 7:03:46 GMT 12
The problem with all your arguments is the words *long term."
For all people aged over 57 Kiwisaver came to late and as we are now seeing you don't have enough runaway until retirement to offset the losses currently being experienced due to Donkey chops piss poor control over inflation, businesses losing money due to arderns over zealous covid restrictions. .
But wait there's more... Yip with the new isolation rules putting staff and close contacts into never ending isolation, you watch inflation sky rocket to 10-15 % by 2023 as business raise prices to recover loses.
If you think you have enough for retirement today.... Well you will need to think again... NZ will go into the start of its biggest depression by this time next year .. put that in your diary.!
Inflation increases, mortgage increases, new taxes, unemployment, new costs for green and Maori, ....
It's a perfect storm....
Then there is the social cost...
Rich v poor divide, Maori v euro, banks v everybody, councils v. Public, anti vax v vax, left v right, male v female, youth v wrinklies...
Finally, the way Horsinda is controlling Covid omicron ... Its spread will be slowed down until winter hits and boom you will see lock downs as the majority that didn't get it actually get it... Sooo... Her delaying the inevitable will just make it worse, for longer and cost billions more,.... Meanwhile another bunch of companies go bust, inflation goes galactic, and your Kiwisaver has halved.
Sorry for the gloom .. but reality is reality and your future hangs on a knives edge... A knives held by to fucking incompetent morons... Slashly Doomfield and Horsinda Burden... All advised by A Plank, Sucki wiles, and Mikey Faker.
|
|
|
|
Post by dutyfree on Jan 27, 2022 9:29:47 GMT 12
USD = united states dollars i.e. USA stockmarket shares, you can buy them on platforms like Hatch.
|
|
Deleted
Deleted Member
Posts: 0
|
Kiwisaver
Jan 27, 2022 10:01:30 GMT 12
via mobile
Post by Deleted on Jan 27, 2022 10:01:30 GMT 12
USD = united states dollars i.e. USA stockmarket shares, you can buy them on platforms like Hatch. yeah I knew that bit. But thought G030 has some kind of Kiwisaver investment that used The USD in some fashion to manipulate currency fluctuations and market increases thru a NZ KS fund. |
|
|
|
Post by dutyfree on Jan 27, 2022 12:46:04 GMT 12
he probably does using other mediums of exchange |
|
Deleted
Deleted Member
Posts: 0
|
Kiwisaver
Jan 27, 2022 12:52:23 GMT 12
via mobile
Post by Deleted on Jan 27, 2022 12:52:23 GMT 12
he probably does using other mediums of exchange probably flies there and does direct cash deals too 🤙 |
|
|
|
Kiwisaver
Jan 27, 2022 13:14:30 GMT 12
via mobile
Post by GO30 on Jan 27, 2022 13:14:30 GMT 12
Sorry lads but none of that stuff. Kiwisaver in aggressive. Shares via Hatch for my US dollar ones, Shearsies for NZ and Aussie ones. My share market playing is not with big numbers, more just dabbling as the experts are far better at it than me.
Recently we pulled a few investments to buy rural stuff. I think while returns have been good over the last few years thats about to end. So we've decided the 'returns' we'll get from the rural stuff out weighs the $$ returns.
I cant think of a worse senario than lieing on my death bed thinking I have a billion dollars in the bank, Id far rather be remembering pulling that lever on the new tractor trying to work it what it does and how it ended with me hanging onto the bugger as we barrel out of control into my new lake..sorry new 'water garden'.
I have told my kids thier only chance of any inheritance is if I go long before thier mother. If she goes first the best they can hope for is a couple of motorbikes and possibly a wet tractor.
|
|
