Constantly checking your KiwiSaver balance could cost you $600,000: Mary Holm

Thu, 17 May 2018

By Nikki Mandow May 17 (BusinessDesk) - Banks’ tendency to put their customers’ KiwiSaver balance on their online statements could be bad news for investors in the long term, according to financial author and KiwiSaver expert Mary Holm. She warns that savers used to regularly watching their KiwiSaver accounts track gradually upwards during good times might panic and move to a worse-performing fund when the market turns down - as it inevitably will. For someone in their 20s or 30s who decided to move from a higher-risk fund to a lower-r...

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