Luck, skill, risk and persistence
Opinion: It's still too early to say whether the cost of KiwiSaver funds justifies the returns.
Opinion: It's still too early to say whether the cost of KiwiSaver funds justifies the returns.
The investment world is complicated, probably more than it should be. It seems nothing is certain – two people can interpret the same set of data and reach opposite conclusions.
In one inventive analysis, a local fund manager looked at KiwiSaver returns and concluded high fees produce high