Retail investors wobbly in volatile markets, survey finds

People between the ages of 35-44 lost the most money from their investments in the past year. (Image: Getty)

Fri, 02 Jun 2023

Boutique KiwiSaver firm Kōura Wealth says the economic environment in 2023 has been much like the weather – tumultuous, volatile – and retail investors are feeling the brunt of it.Kōura Wealth surveyed 1,000 New Zealanders around the country in April to see how the cost of living was impacting their lives and if their investment practices had changed with the recent market downturn.The financial services firm found the results, while not entirely unexpected, weren’t pretty.While New Zealanders appeared to have “finally&r...

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