The Importance of Long Term Assets

If you have a short period of time and you're investing the money, we call that gambling. Three years is not enough time for an average. We have no idea if the world's going to drop off a cliff in the next six months. You are just gambling. If you've got a Kiwi saver and you are wanting to buy a house in the next 6, three, six months, 12 months, three years, you should be in a cash fund or something very low risk. The other interesting part is, look at the Conservative fund, it'll be a return.