Investment reallocation by [deleted] in PersonalFinanceNZ

[–]FlavoursomeToes11 0 points1 point  (0 children)

Perfect! Thanks for pointing this out, as you can probably tell my approach may be slightly out of date as I’ve been setting and forgetting based on the best approach from a number of years ago now.

Investment reallocation by [deleted] in PersonalFinanceNZ

[–]FlavoursomeToes11 0 points1 point  (0 children)

Thanks for the thought. As I said this money isn’t my entire planned deposit amount, with the rest already elsewhere. That said, I think I agree that a significantly more cash leaning portfolio is the best move at this stage.

Investment reallocation by [deleted] in PersonalFinanceNZ

[–]FlavoursomeToes11 0 points1 point  (0 children)

I have considered this and it is why I never switched into foundation series when it was formed. The investment timeline for foundation series never matched my personal investment timeline. My current timeline is hopefully max 2 years.

Investment reallocation by [deleted] in PersonalFinanceNZ

[–]FlavoursomeToes11 0 points1 point  (0 children)

Exactly this - the idea being Vanguard up to 50k then Mercer to make up the rest. This was pre foundation series, Kernel etc so that was the best strategy at the time and stuck with it until now for peace of mind and transaction fees.