Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.


840 posts

Ultimate Geek
+1 received by user: 241


Topic # 223438 29-Sep-2017 12:56
Send private message

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?

 

 

 

Cheers!





.

Create new topic
588 posts

Ultimate Geek
+1 received by user: 176


  Reply # 1874695 29-Sep-2017 13:42
One person supports this post
Send private message

You could have a look at Sharesies. $30 annual fee, but if you sign up at the moment you get $15 free. 

This is probably a good read for you.


 

 


60 posts

Master Geek
+1 received by user: 4


  Reply # 1874788 29-Sep-2017 14:34
One person supports this post
Send private message

The best way to invest in SmartShare ETF currently is from SuperLife and InvestNow due to cost and ease of use.

 

Check out these 3 posts.

 

SmartShares, SuperLife, Simplicity & InvestNow. ETF & Index Fund Investing in New Zealand

 

Compare ETF Fund Cost between Superlife and Smartshares

 

InvestNow Added SmartShares ETFs into Their Offerings




840 posts

Ultimate Geek
+1 received by user: 241


  Reply # 1874806 29-Sep-2017 15:04
Send private message

Useful links - thanks guys, will take a peek...





.

1731 posts

Uber Geek
+1 received by user: 388

Trusted
Subscriber

  Reply # 1874850 29-Sep-2017 16:25
Send private message

They are ok and their investment returns relatively comparable to similar providers. It’s pretty easy.

They are heavily aimed at Australia and NZ though, with not so much in the USA or Europe, so consider that as part of your strategy.

A good addition to look at is also Investnow.co.nz, which has access to some other opportunities and is run by interested parties (bankers)




________

 

Antonios K

 

 

 

Click to see full size


453 posts

Ultimate Geek
+1 received by user: 82


  Reply # 1874853 29-Sep-2017 16:28
Send private message

Given this... http://www.investopedia.com/articles/investing/030916/buffetts-bet-hedge-funds-year-eight-brka-brkb.asp

 

I'd probably invest in an index linked fund rather than a managed one ;-)




840 posts

Ultimate Geek
+1 received by user: 241


  Reply # 1874901 29-Sep-2017 18:41
Send private message

nzkc:

 

Given this... http://www.investopedia.com/articles/investing/030916/buffetts-bet-hedge-funds-year-eight-brka-brkb.asp

 

I'd probably invest in an index linked fund rather than a managed one ;-)

 

 

 

 

Hence my initial investigation into the SmartShares Index-linked!

 

Not interested in contributing to some Hedge Fund managers bonus...





.

2024 posts

Uber Geek
+1 received by user: 338

Trusted

  Reply # 1874912 29-Sep-2017 19:11
One person supports this post
Send private message

Simplicity offer non-kiwisaver ETF funds - I think there's a growth option which would largely cover your US/Europe top 500 needs. Fees are pretty low but should compare them with superlife. I think they use the vanguard ETF which also sits behind the smart shares global options

Create new topic

Twitter »

Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.