Uncertainty in financial markets is okay. Share markets are remarkably resilient over the long run. 

It’s important not to be influenced by all the short-term negative news headlines and world events. There will always be something to worry about – but to really grow savings and reach investment goals, stay the course and ignore the short-term noise.

Goal setting helps

Setting goals guides your focus and sustains momentum by giving you something to work towards. Goals give oxygen to dreams and are the first step in achieving something special. The sooner you begin, the sooner you’ll be on track to achieving your financial objectives. 

Make the most of KiwiSaver

KiwiSaver is a long-term investment. For many people, it will become one of their main sources of income in retirement. So make sure you’re making the most of it.

We all want peace of mind when it comes to our money. Getting in the right fund and choosing a KiwiSaver provider you trust, who offers investment expertise and easy access to specialist financial advice, is a great place to start.

Expert financial advice more accessible than ever

Historically, financial advice has been seen as out of reach for many people. But, through technology like digital financial advice, that’s starting to change.

A fresh set of eyes and ears can really help bring clarity and perspective. You can kick off the new year with a chat to the Milford Wanaka team over the phone or access our incredibly handy online planning and advice tools. Anyone investing with Milford or switching their KiwiSaver to us from another provider can harness the power of financial advice.

KiwiSaver is only the start

KiwiSaver is a great place to start your investing journey. If you are considering saving and investing more, then an investment fund is worth a look. 

As with a KiwiSaver fund, an investment fund will usually involve a mix of shares, bonds and cash across local and overseas markets, and will be managed by a professional fund manager. By placing some of your lump sum savings (or making regular contributions) into an investment fund, you can benefit from the fund’s diversification, the skill and track-record of the investment team and the power of compounding investment returns. But, unlike KiwiSaver, you can make withdrawals when you need to.

However, don’t forget that most investment funds have a minimum recommended investment time frame you should commit to – to give the best chance of achieving your goals.

If you would like to discuss your situation with one of Milford’s Wanaka-based Wealth Management team, please feel free to get in touch on 03 443 4695. 

Top Five Tips for Investing

First appeared in the NZ Herald on 23 January 2023.

Disclaimer: Past performance is not a reliable indicator of future performance. Milford Funds Limited is the issuer of the Milford KiwiSaver Plan and Milford Investment Funds. Please read the relevant Milford Product Disclosure Statement at milfordasset.com. Before investing you may wish to seek financial advice For more information on our financial advice services please visit milfordasset.com/getting-advice

Level 1/19 Sir Tim Wallis Drive, Wānaka 

Tel: 03 443 4695