Each week BusinessDesk and the NZ Herald's Cooking the Books podcast tackles a different money problem. Today, it's how to figure out an investment strategy that works in uncertain times. Hosted by Frances Cook.
It's easy to feel like a good investor when the conditions are good.
And they've been incredibly good for a long time now.
Share markets have been going up, property prices have been rising, and debt was cheap and getting cheaper by the day as interest rates kept going down.
It depends a bit on whose definition you use, but we've arguably been in a bull market for 13 years now, which is the longest in history.
However, all good things must come to an end, and it looks like we've now got some choppy waters and a bit of a storm on the horizon.
The war in Ukraine, supply chain problems, ongoing covid disruptions, rising interest rates and the increased cost of living are all things that could cause problems this year, and that will probably show up in your KiwiSaver and other investments.
Now don't panic, because I'm certainly not.
There is always a way to handle a dip or even a crash. The important thing is to factor in what we know, and then figure out what we're going to do about it.
For the latest podcast I spoke to George Carter, managing director for Nikko Asset Management New Zealand.
For the interview, listen to the podcast here:
If you have a question about this podcast or a question you'd like answered in the next one, come and talk to me about it. I'm on Facebook, Instagram, and Twitter.
Listen to the full interview on the Cooking the Books podcast. You can subscribe on iHeartRadio, Apple Podcasts, or Spotify.
