Open question to any fellow NZ investors out there. Why bother with the hassle of trying to obtain a diversified bond holding when the returns do not seem to be vastly better than TD rates?
I'm wondering about a portfolio along the lines of
40% Shares (incl Kiwisaver Acc) Hoping superlife gets some decent etf's or passive funds to market shortly for international shares
40% Property (probably a quality rental or two)
20% Bank TD's or savings accounts