Financial author and journalist Mary Holm looks at getting a WOF for your KiwiSaver.Financial author and journalist Mary Holm looks at getting a WOF for your KiwiSaver. Listen to the full conversation with Mary Holm.It's a good time, with many people having time on their hands, to find out what fund they are in and establish whether it's the right one - it may be too high risk or too conservative, Mary told Jesse Mulligan.But her main message is sit tight."The markets will come back again, they always do there's absolutely no reason why in the current situation that won't happen again."The vast majority of companies out there will keep producing goods and services and we'll keep buying them and a year or two from now everything will be drifting along as it always was."She says it's best not to look at your balance at this time."If you don't need to spend the money for a while, please just sit tight, don't look at your KiwiSaver balance."I haven't looked at my balance, I know that it's gone down but it will come back up again."Don't dwell on it, you haven't lost that money unless you step in and take the money out or move it to a low risk fund ... then you will have actually lost that money."Now is not the time to be moving funds, but it is the time to think about what fund is best for you once the markets recover, she says."Now's just a really good time to take a deep breath, let their KiwiSaver sit there and be, but trim it round the edges, get it right so that when the market comes back up again they're in there doing the best they can."You can listen to all of Mary Holm's chats with Jesse here.Go to this episode on rnz.co.nz for more details

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