We all invest for the same reason – to grow our money. The way we approach investing can be quite different based on our investment goals and attitude to risk.
In this section we help you work out what kind of investor you are and give you some tips on how to manage your investments confidently.
Top tips to keep in mind when you're starting out with investing or looking into a new type of investment.
Whether you are investing by yourself on an online investment platform or using a financial advisor - make sure that you're dealing with a licensed provider. Being licensed means they are authorised by the FMA and are adhering to a specific code like treating clients fairly and with integrity. See more about getting financial advice.
Research a product well before investing (aka. do your homework). There are many types of investments available. Here are some key things to remember when doing your research:
Plan and invest based on your future needs and goals. If your goal is shorter-term, you might want to think about lower-risk investments with lower volatility.
For help setting your investment goals and more information on the basics, please visit the Sorted website.
If markets go down, stay calm. Share markets rise and fall, which is a normal part of investing. History shows us that markets can and do come back – but it might take time.
If you’ve planned well and you’re keeping an eye on your individual investments you should still be on track to meet your goals in the longer term.
It is normal to be nervous if a market downturn affects your investment balance – in fact, human brains are hard-wired to fear losses. Talking to a financial adviser or your product provider might help you avoid making a decision that will crystallise (lock-in) a loss.
A quick guide for anyone who’s thinking about or already dabbling in investing – and wants to know more, written by Mary Holm, an award-winning financial columnist and author. Mary sets the record straight on eight common myths about investing.
This video is for anyone who’s interested in dipping their toes into investing, we run through some of the basics including what you can invest in, risk and how to invest wisely, and who can help you.