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Aotearoa Daily Kōrero 20/11/2023 (lemmy.nz)

submitted 11 months ago* (last edited 11 months ago) by [email protected] to c/[email protected]

19 comments fedilink hide all child comments

Welcome to today’s daily kōrero!

Anyone can make the thread, first in first served. If you are here on a day and there’s no daily thread, feel free to create it!

Anyway, it’s just a chance to talk about your day, what you have planned, what you have done, etc.

So, how’s it going?

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[–] [email protected] 4 points 11 months ago (1 children)

I'm in my late 30s - I'm putting 8% into Kiwisaver (I know traditional advice is to not do extra here, but I like that it comes out of my pay before I even see it), and putting money into Investnow funds (mix of ETFs, some managed funds, and some term deposits) - though that has slowed down a bit while we concentrate on putting the usual savings money into overdue house maintenance.

I have a small amount of personal money in Sharesies, but I treat that more like gambling (luckily, cos it's way down at the moment). I wouldn't put any serious investing there.

[–] [email protected] 4 points 11 months ago (2 children)

Your second paragraph feels like a personal attack lol

[–] [email protected] 3 points 11 months ago

Ha, sorry about that - I meant more that I don't know enough to pick individual shares well, so I just chuck some play money in there from time to time, and if I lose it then it's no biggie. For proper investing, for me ETFs are safer because of the spread, and I don't need to go deep diving into the financials and risk of individual companies.

[–] [email protected] 2 points 11 months ago (1 children)

I think it is what you make of it.....lucky it doesn't allow leveraged investing....

[–] [email protected] 3 points 11 months ago* (last edited 11 months ago)

I remember signing up and putting a couple Hundy down at like 4 in the morning after a night on the beers, bit my finest moment.

Leveraging is definitely a whole other beast, glad there's no temptation there