The Investing Trap That Even the Experts Fall Into (And How to Avoid It)

About this episode

Chris Walsh joins Frances Cook to discuss common investing traps and effective long-term strategies for New Zealanders.

Most investing mistakes don't look like mistakes when you're making them. Chris Walsh from MoneyHub joins us to break down the most common investing traps New Zealanders fall into, and the simple strategies that actually work long term. We get into why dollar cost averaging beats trying to time the market, what "invest in what you know" actually means (and how it gets misused), why borrowing to invest is riskier than most people realise, and what financial foundations you need in place before you start investing at all. Plus: why 86% of active fund managers underperform the index, and what that means for the rest of us trying to grow our money. If you've ever wondered whether you're investing smart or just getting lucky, this one's for you. In this episode: Why dollar cost averaging works, and how to do it The problem with picking single stocks What "invest in what you know" gets wrong Should you borrow to invest? The risks explained Time in the market vs timing the market What financial foundations to have before you start investing KiwiSaver: are you leaving free money on the table? How to course correct if you've made investing mistakes This episode of Making Cents is proudly…

People in this episode

Host: Frances Cook

Guest: Chris Walsh

Topics covered

• investing mistakes
• dollar cost averaging
• financial foundations
• active fund managers
• investing strategies

Keywords

• investing traps
• dollar cost averaging
• financial foundations
• active fund managers
• KiwiSaver

Sponsors

Odoo

Mentioned in this episode

Organizations: MoneyHub

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