Why you should prepare for your KiwiSaver to go down again

Each week the NZ Herald and Newstalk ZB's Cooking the Books podcast tackles a different money problem. Today, it's why your KiwiSaver will probably go down again, and what to do about it. Hosted by Frances Cook.<br /><br />Many of us got quite the fright in March, when markets nosedived around the world. <br /><br />It hit pretty much everyone. Some of us invest in shares directly, while almost everyone else has a KiwiSaver with shares in it. <br /><br />So balances tumbled, while we all watched nervously. <br /><br />Of course, since then, many people have jubilantly pointed out that we’re nearly back to where we’re started. <br /><br />It does look healthier out there, but at the risk of raining on your parade, it may not last. <br /><br />That’s not necessarily a bad thing. You just need to know what could be coming next, and prepare for it. <br /><br />For the latest Cooking the Books podcast I talked to David Boyle from Mint Asset Management.<br /><br />We discussed what could impact the market in the next few months, what that means for you, and how people in different situations could handle it. <br /><br />If you have a question you'd like answered in a future podcast, come and talk to me about it. I'm on Facebook here <a href="https://www.facebook.com/FrancesCookJournalist/" rel="noopener">https://www.facebook.com/FrancesCookJournalist/</a> Instagram here <a href="https://www.instagram.com/francescooknz/" rel="noopener">https://www.instagram.com/francescooknz/</a> and Twitter here <a href="https://twitter.com/FrancesCook" rel="noopener">https://twitter.com/FrancesCook</a>