When recently trying to determine the level of trust Kiwis have with providers of financial service providers (see prior blog posts re the RaboPlus Financial Confidence Index – March 2010), we also looked for insight into what Kiwis were going to do in the way of investments over the next six months, plus who they had turned to for advice over the past six months.
Does this sound like you?
Of the 1,000 Kiwis we asked ...
- the number 1 place they were going to invest in the next six months was a deposit with a bank, cheque or savings account ... obviously music to my ears, and
- doing their own research was the #1 pick in terms of sources of information for making investment decisions
I’m really keen to explore these two aspects of the research and would really appreciate it if you could provide your feedback on wehre you're most likely going to deposit your money in the next 6 months, and where/how you do your research for these investment decisions. Post your answers below.
If you missed what the RaboPlus Financial Confidence Index aims to measure take a look at the media release, full results and what the media had to say about the findings (Sunday Star Times and NZ Herald).
One of the key, and none-too-surprising findings was that Kiwi’s are no more confident about investing in property than what they are for financial services (a complete turn around from the August ’09 findings). Let’s see what The Minister of Finance has to say May 20th when he reads the budget – many are expecting a more “level” tax playing field between property, cash deposits and managed funds etc.
Thanks in advance for your feedback.