We are looking to invest to supplement our retirement fund.
We would look to hold for at least 20, more likely 25 years before looking to cash anything out and - at least to start with - pay in around NZ$1k a month
I have an initial investment of $50k and was looking to put it into the SmartShare Index-linked EFT. Probably split something like $20k in NZ Top 50, $20k in US500 or EUF large fund and then $10k into bonds for the slow-n-safe.
Anyone got direct experience of the SmartShare EFT? Anyone think this is a terrible idea and if so - why?