Chapter 1: What is the main topic discussed in this episode?
Generate is supporting my vision to improve the financial literacy of 100,000 Kiwis by sponsoring Keep the Change. Cheers Generate! Head to generatekiwisaver.co.nz forward slash change to find out more.
We've kind of brainwashed people into this sort of risk-off approach for their entire life to a degree, where maybe we need a bit more of that encouragement to be taking a bit more risk. As people in external countries outside of New Zealand, creating content to New Zealanders about how cooked New Zealand is, we get ourselves into this doom loop.
And I think it's just important to be aware of what we are putting into our ears, because very quickly we can lose sight of our own opportunities. You've just got to take one micro action that leads to something else. You just take the power back and go, oh, I did that. Okay, I got a win here.
And then I think your brain starts looking for your next win, because things start becoming a lot more possible. Kia ora. Welcome to Shared Lunch. Welcome back. You are listening to another episode of keepthechange.co.nz's Money Mail. I went down to the nation's capital this week and went on the Shared Lunch podcast with Leighton Roberts from Sharesies.
And it's always interesting going on other podcasts and trying to articulate to potentially an audience that may not listen to the Keep the Change podcast some of the things that we talk about or even the listener and viewer stories so that people can potentially cross over
start their journey or find their start line or go on the momentum building race, whatever it is that we want to term it, but where people start to take some action. And I highlighted a number of things that we're often talking about together as part of Keep the Change on that podcast. But if you do want to check it out, search up the Sheezys podcast, Sheared Lunch, you'll find it on
any of the usual streaming platforms, including YouTube. It's called What Does Financial Freedom Mean in 2026.
We cover some serious ground around even like the fire movement, for instance, and just what micro actions people can be taking, what I'm seeing out there at a business level as well, what I'm seeing from some of you guys and just being mindful of the sort of content that you're putting in your ears. Now, let's get straight into Money Mail this week.
I've actually, well before we do that, I say that then I might actually, I've been to Wellington this week and I've been to Tauranga and I've done two speaking gigs this week which has been really cool.
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Chapter 2: What question did a grandparent ask about saving or investing for kids?
Compounding can dramatically outperform cash sitting in a bank account. Now, historically diversified share markets have generally outpaced inflation over the long term, which is why many investors use low-cost exchange-traded funds, so those are ETFs, exchange-traded funds, as a way to build wealth gradually over time. and investing is now more accessible than ever.
You no longer need to be wealthy or a professional investor to get started. Platforms like Sharesies or Generates Managed Funds, among others, have made it easy for everyday Kiwis to invest small amounts regularly into diversified funds. As an example, after a bit of sign-up admin, we could quickly access funds like.
So I've got four examples here, and this is not financial advice, nor am I telling you to do this, but we'll get back into a couple of disclaimers on the other side. I thought, okay, you know, I use Generate for instance. Okay, what funds? Right, there's a Generate focused growth fund, a diversified managed fund with exposure across global shares designed for long-term growth investors.
The Generate balance managed fund, it invests in an actively managed portfolio made up of slightly more growth assets than income assets. Now, you might be thinking, what's a growth asset? What's an income asset? We're not going to do a three-hour deep dive into all the different types of assets that these funds are buying, but you can go and research them and you can go and read about it.
But the point is that these funds are effectively built to take a longer-term view. So you're choosing them because you're going, well, look, I don't, need this money in the next two to three years, for instance. I want to be investing through the highs and the lows over a longer time period.
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Chapter 3: Why is investing for kids more beneficial than saving in a bank account?
And markets do go up and down and they go sideways and they react and they have tantrums and you have to understand that. That's very different to a savings account.
So the psychology and the feeling and the behavior can be a lot different at an individual level when that happens compared to a savings account because a war could start and your savings balance on screen may look like it hasn't been impacted. whereas when you're tracking share values, for instance, they can. Now, next one, the SmartShares US 500 ETF.
I think it's USF if you were to search for it. It tracks the S&P 500, so 500 massive companies out of America through a New Zealand-listed structure that many Kiwis use for simple US market exposure. Now, there's the SmartShares Total World ETF, TWF, provides diversified exposure across thousands of global companies through a New Zealand-listed exchange-traded fund structure.
So if you think about it at a high level, these funds are set up or these exchange traded funds are set up so that they are diversifying for you, but they are taking risk and there is risk involved with them and they're taking more risk than a savings account. Therefore, your reward should be more than a savings account as well. Now, this is not financial advice.
And yes, there are so many funds to choose from. So I get that people can feel like they'll get analysis paralysis. And these are just four examples that people...
may even use themselves who listen to this now also people may not even know that they exist so i'm just using those four to highlight the access that we now have at our fingertips you might not be comfortable with the level of risk taken by one of those funds you might not even like america you might think america's going to hell so you may not have the exposure to america and you may do exchange traded funds that exclude america there is so much choice now the access is there but
it then can become scary to pick which of these to pick. However, what have we gone from? We've gone from savings accounts, bonus saving account, bonus extra savings account if you put in another $20 a week or something, or each month and then like term deposit.
It was probably a little bit too simple, you know, and that's maybe what has kept us risk off from understanding some more of the complexity around this. Now you must understand the risk with each of these funds or any fund that you're investing in. But these days with a quick Google or AI search, you can find a stack of resources to help bring you up to speed. What do I have to do?
Okay, how much? There's other people investing in these. Okay, well, suddenly my $100 isn't that scary. Suddenly my $1,000 isn't either. I'm not the first to be doing it. It's not like you're the first person to be investing in an exchange-traded fund.
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