The next downturn — in shares, KiwiSaver and other managed funds — might be longer

But first — comments on what to do about the demise of Bonus Bonds.

  • FMA survey on investor confidence.
  • Race between NZ and world share markets to recover from Covid downturn.
  • Recovery not just shares rebounding, but also bonds.
  • Next time we could easily have shares down for longer, and bonds also falling.

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Mary Holm, ONZM, is a freelance journalist, a seminar presenter and a bestselling author on personal finance. She is a director of Financial Services Complaints Ltd (FSCL) and a former director of the Financial Markets Authority. Her opinions are personal, and do not reflect the position of any organisation in which she holds office. Mary’s advice is of a general nature, and she is not responsible for any loss that any reader may suffer from following it. Send questions to [email protected] or click here. Letters should not exceed 200 words. We won’t publish your name. Please provide a (preferably daytime) phone number. Unfortunately, Mary cannot answer all questions, correspond directly with readers, or give financial advice.