KiwiSaver is slowly and surely changing NZ, creating the most positive sustainable environment for investing in NZ I’ve ever seen. Here’s why I’m so optimistic.
Nor does this pool of money care so much whether the returns come from dividends or capital gains. What matters is long term returns.
And, the cream on the cake is it’s New Zealanders money. The collective savings of millions of KiwiSavers (who also vote) is politically very palatable. For the first time in our lifetimes, New Zealanders, via KiwiSaver, will be buying back NZ.
They’re up to the task, they just need to be up for it. But they need to feel empowered by shareholders, and confident that the capital will be there. They are, and it will.
This blog is written by Sam Stubbs, Managing Director of Simplicity, an online, non-profit KiwiSaver plan that charges members what it costs, nothing more.