IMPORTANT, PLEASE READ: This material is provided for information only. It is not personal financial advice. No account has been taken of the objectives, financial situation or needs of any particular person. Accordingly, to the extent this material constitutes general financial product advice, you should, before acting on the advice, consider the appropriateness of the advice, having regard to your investment objectives, financial situation and needs. If you need to speak with an adviser, please contact Miles on 021 645 000 or

I’ve fielded a number of calls in recent weeks from clients who are concerned about the current market turmoil. There’s no doubt that 2022 from an investment perspective has not gone well – with double-digit negative returns since the start of the year. With an almost incessant barrage of negative economic news and increasing geopolitical turmoil and unrest, its hard to see any positives on the horizon. The thing is – the markets have reacted accordingly and the downturn reflects the market’s assessment of the current outlook. Does that mean that it will get better from hear on in? No – but, neither does it mean it will get worse – the markets will do what the the markets do – respond to price signals.

What does that mean for your KiwiSaver or other investments? Should you make any changes?

Our advice is always to consider the goals you have for your KiwiSaver/Investment and ask yourself two questions –

  1. have the goals for your KiwiSaver or Investment changed since the beginning of the year? and,
  2. Have your time horizons changed?

If the answer to either of these questions is “Yes” (or “possibly) – please get in touch so we can help you determine whether any changes are appropriate. If you answered No to both questions – then sit tight – it could be a bit of a bumpy ride but by focussing on the long term (signal) as opposed to current market turmoil (noise), you will be able to take advantage of the recovery when it comes around.

Further Reading