I've always been weirdly obsessed with the Super Fund. I think it's one of NZ's greatest assets. Excited to see what it does next under new leadership. Hope you enjoy this ep.
I don't trust fund managers at all. I've moved all my super to Vanguard and have put it all into index funds. No middle men. Less fees. Money managers historically have failed to beat indexes, so why risk your money
Another great interview Madison. The NZ Super Fund is certainly a large beast these days and growing fairly rapidly although it doesn't get discussed very often...I'm off to read a bit more about it.
@@MarketsWithMadison Bear in mind that $10b in tax is a significant benefit to the government's (and therefore our society's) past and current income. It seems sensible to me that some benefit goes to all of us now rather than being withheld into the longer term future.
You tell em Maddy! Got to be a bloodhound at future investment. Govt clearly dosnt have the time to examine... Lets hire professionals that follow proven models of investment strategy
This is a fascinating insight into the cautious investment strategy for a large fund that's achieving 10% growth p/a. In comparison, well-informed individual investors who truly understand and can anticipate the historically massive and exponential clean tech disruptions playing out this decade are seeing vastly higher growth (eg 70+% p/a), although admittedly the key stocks can be very volatile over the short-medium term (eg Tesla $TSLA). Does this short-medium term volatility eliminate stocks like $TSLA from the Super Fund, or does the Fund not accept the predicted scale of the exponential disruptions?
Doubling in 10 years, is that not just a 10% increase each year which also includes yearly contributions, if adjusted for inflation is this not prity substandard returns?. Meaning the Superfund is going to go broke after the bulk of pensions start to be allocated to the vast number of qaulifying pensioners coming of age???
You tell em Maddy! Got to be a bloodhound at future investment. Govt clearly dosnt have the time to examine... Lets hire professionals that follow proven models of investment strategy
I've always been weirdly obsessed with the Super Fund. I think it's one of NZ's greatest assets. Excited to see what it does next under new leadership. Hope you enjoy this ep.
I don't trust fund managers at all.
I've moved all my super to Vanguard and have put it all into index funds.
No middle men. Less fees. Money managers historically have failed to beat indexes, so why risk your money
Nice one Madison, good interview
Another great interview Madison. The NZ Super Fund is certainly a large beast these days and growing fairly rapidly although it doesn't get discussed very often...I'm off to read a bit more about it.
Australia is a compulsory 11% from employers.
It's pretty cool to get some info here on the NZ Super Fund
Great report, thank you. Hope it continues its success under the new leadership.
I wonder how much it would be worth if John Key had not suspended payments?
A lot more that's for sure. It's received about $25b of Government contributions over its 21 year lifetime - and paid over $10b in tax.
@@MarketsWithMadison Bear in mind that $10b in tax is a significant benefit to the government's (and therefore our society's) past and current income. It seems sensible to me that some benefit goes to all of us now rather than being withheld into the longer term future.
You tell em Maddy! Got to be a bloodhound at future investment. Govt clearly dosnt have the time to examine... Lets hire professionals that follow proven models of investment strategy
This is a fascinating insight into the cautious investment strategy for a large fund that's achieving 10% growth p/a. In comparison, well-informed individual investors who truly understand and can anticipate the historically massive and exponential clean tech disruptions playing out this decade are seeing vastly higher growth (eg 70+% p/a), although admittedly the key stocks can be very volatile over the short-medium term (eg Tesla $TSLA). Does this short-medium term volatility eliminate stocks like $TSLA from the Super Fund, or does the Fund not accept the predicted scale of the exponential disruptions?
NZ retirement savings are such a joke
So we can keep the super at 65 then? 🤣
Time for a small Bitcoin investment?
Small?
5% - that’d be almost $4bn or about 10,000 BTC!!!
Looking good Maddy.
Government policy on taxing superannuation: Yes we contribute!!!! 🎺🎺🎺 but we'll take it back...🤑🤑🤑
“The question to that is, yes” 🤔
Doubling in 10 years, is that not just a 10% increase each year which also includes yearly contributions, if adjusted for inflation is this not prity substandard returns?. Meaning the Superfund is going to go broke after the bulk of pensions start to be allocated to the vast number of qaulifying pensioners coming of age???
10% every year is a low return better off just keeping the money in us500 and gold.
You tell em Maddy! Got to be a bloodhound at future investment. Govt clearly dosnt have the time to examine... Lets hire professionals that follow proven models of investment strategy