The Post

Hatch set for stellar year as Kiwi investors welcome a new way to build their wealth

There’s never been a better time for Kiwis to grow their wealth by backing the companies they believe in.

-

At the start of every year many of us set goals to be better with our money. We might want to save more, earn more, or make smarter financial decisions. If you want 2021 to be the year your money works harder, there’s never been a better time to look at investing.

In the past, investing has been inaccessib­le to many; you needed large amounts of money to get started and many of us didn’t know where to begin. Now the face of investing has changed. There’s a new and easy way for Kiwis who want to do better and get their money working harder. Enter Hatch.

Powered by Kiwi Wealth, Hatch launched in 2018 and quickly saw success. They’ve now been chosen by over 75,000 people and more than half a billion dollars invested in the US share markets.

Kristen Lunman, co-founder and general manager of Hatch, is keen to see Kiwis grow their wealth by backing the brands, businesses and sectors they know and believe in.

She makes a good point. Given the current record low interest rates, money sitting in savings accounts is going nowhere fast. In fact, interest rates are now much lower than inflation so anyone going down that path would literally be saving themselves poorer.

And that’s a worry when you consider around 70 per cent of Kiwis are currently leaving money in savings accounts and only 20 per cent are investing, something that Lunman is keen to change.

The good news is that it’s never been easier for Kiwis to invest and already more and more Kiwis are getting off the sidelines and putting their money to work in the share markets.

“With a bit more time on our hands, the Covid-19 lockdown provided a great opportunit­y for many Kiwis to learn about and start investing,” says Lunman.

“Kiwis realised that it wasn’t that hard to get off the sidelines, and have been able to benefit from a rising share market since lockdown. With 2021 upon us, while we

“Investing is about backing companies (and funds) that you believe in and that you expect to grow in the future.”

Kristen Lunman

expect some bumps along the way, the share markets are an obvious place for many to put their money to work.”

The timing couldn’t be better. New Zealand’s obsession with property is making house prices soar to record highs year after year. This bubble shows no sign of bursting any time soon and means Kiwis who previously looked to investment properties to grow their wealth over time, are now having to look at other, more affordable options.

Happily, that’s where Hatch can step in by providing Kiwis with a fresh new way to help grow wealth. Lunman says the digital investing platform was designed to help Kiwis succeed and can leverage technology to keep its fees low.

Lunman believes in choosing to invest in companies that are close to your heart. Love iPhones or mad about a meat free world? Why not start there, she says.

“Investing is about backing companies (and funds) that you believe in and that you expect to grow in the future,” she says.

“Being able to invest in the companies we surround ourselves with is a game-changer - from Apple to Netflix and Beyond Meat to Lululemon, we can back the brands that we know so well and hopefully benefit from their success.”

Hatch believes that knowledge is power and the best way to shape your financial future is to learn how to do it for yourself. That’s why they offer a free, 10-minutes-a-day ‘Getting Started Course’ on their website, which more than 15,000 Kiwis have already completed.

There’s also its hugely popular, and free, monthly Wine & Wealth webinars that were born during lockdown to help inspire and teach audiences the fundamenta­ls of great money habits and investing.

Sign up to Hatch today, and be a shareholde­r tomorrow.

For more informatio­n visit www.hatchinves­t.nz

 ??  ??
 ??  ??
 ??  ??
 ??  ??

Newspapers in English

Newspapers from New Zealand