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Staying the course during times of uncertainty
22 October 2020
It’s no secret that 2020 has been a challenging year for KiwiSaver and other investments. And when we’re bombarded with bad news about the economy and uncertainty about what will happen in the future, it can be unsettling. It’s also tempting at times like these to think about switching to ‘safer’ investment options. But if we look back for a minute, it’s clear that patience and diversification (i.e. not putting all your eggs in one basket) remain effective strategies in these unsettling times.
Here we visit some key themes that 2020 has taught us.
This article has been prepared by ANZ New Zealand Investments Limited for information purposes only and it should not be treated as financial advice. It is recommended that you seek advice from an authorised financial adviser which takes into account your individual circumstances before you acquire a financial product.