It's No Secret
It’s No Secret is a podcast for Kiwis who want their money questions answered.
Are you wondering when the right time to get on the property ladder, whether you should invest with family or how to talk to your significant other about investing and budgeting?
If yes, you’re in the right place. Join the Kernel team, alongside some special guests, as they take you through the ins and outs of all things finance, money, property, investing and building wealth so you can move towards achieving financial freedom.
Each Wednesday, we’ll release one episode that answers a specific money question.
No long ramblings and no financial jargon. Investing hacks, budgeting tips, and financial freedom are included.
You’ll be left feeling inspired, relieved and ready to take the next step in your financial journey.
Happy listening!
Submit a money question or get in touch at our Instagram @itsnosecretnz
It's No Secret
66. When Should I Lock In My Losses?
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In today's podcast, we're chatting about when the "right time" is to sell your investments if they're in the red (hint: there is no "right time").
Do you hold on and hope that it recovers its value, or do you cut your losses now and recoup what's left? We dig into this and more.
Specifically, we discuss:
- Why does your investment portfolio balance move in the first place?
- Biases when investing; anchoring & the status quo bias
- Can you expect linear investment returns?
- Questions to ask yourself when weighing up the decision to sell or not - plus a worked example with Christine's shares
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Got questions? Get in touch: www.itsnosecret.co.nz
Disclaimer:
Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.
The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice.
Any information we provide is general only and current at the time of writing.
Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz
