I would be really interested to learn about the Kiwi Saver, since we are not there yet, but our current plan is to opt out. The company matching somehow makes me think of someone walking into a casino, and being given a $1000 voucher if he/she buys $1000 worth of chips - doesn't mean you will walk out having more than $1000.Originally Posted by Super_BQ
The next question, is then, how safe is your money in the stock market? And how many people actually made out eventually from the market? But that will be way too much for this topic...
I read that year after year, consistently only 5% of the Wall Street fund managers outperform the S&P 500. Can't find any reason why I am able to do better than the professionals. However, if that is true, I guess they make a living by charging their clients lots of fees.
It will be great if someone who has experiences with Kiwi Saver share with us how it works...maybe there is a good reason to participate.
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