Enough of the stellar sharemarket returns and rapidly rising balances – KiwiSaver members are being told what they really need is a good downturn.
KiwiSaver members and other sharemarket investors have enjoyed a long run of good times in the equities markets.
But commentators say while that is likely to come to an end at some point, and some may see their balances drop if share prices wobble, that is not something to fear.
John Berry, of Pathfinder Asset Management, said a sharemarket drop would give most investors an opportunity to boost their accounts.
from
http://www.stuff.co.nz/business/94435905/Volatility-is-your-friend-KiwiSaver-members-told
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