The Happy Saver Podcast - Personal Finance in New Zealand cover image

76. Part-time work. Full-time life.

The Happy Saver Podcast - Personal Finance in New Zealand

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Investing in the Share Market

If you invest a million dollars you can safely sell four percent or forty thousand dollars a year and use that as income. When naya learned about this she felt she had found the secret that just could not be true  that it was some type of ponzi scheme. This new knowledge prompted naya to move her kiwisaver to one with lower fees which is passively not actively managed while not an index fund but moving in that direction. It has many similarities you are buying whole markets not individual shares and the fund managers are not constantly meddling with the fund composition they still had term deposits which were making nothing, said bien.

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