Want a clear way to choose between stock picking, index funds, and managed portfolios without getting lost in jargon? We bring Elizabeth back to map three investing paths to the outcomes real people care about: learning with small stakes, building long-term wealth at low cost, and hitting a specific dollar goal on a specific date.We start with direct shares and the allure of picking winners—why easy access via platforms like Sharesies or Hatch can be a great classroom, and how concentration risk means a single company can still go to zero. Then we unpack index funds in plain language: how broad baskets like the S&P 500 actually select companies, why fees are low, and why “set and forget” works best when your timeline is long and you can stomach the ride. Along the way, we puncture the Hollywood version of Wall Street and explain what really drives the constant price moves you see on your screen.From there, we shift to managed funds and goal-based planning. We talk through diversified mixes that include shares, bonds, cash, and property, and how risk levels change for conservative through to high growth profiles. Most importantly, we highlight the power of human advice: aligning risk to your time frame, making adjustments after big life events, and keeping you on track when headlines turn loud. Whether you want $50k for education in seven years or you’re building a long-term nest egg, we break down how to choose a path that suits your life, not someone else’s hot tip.If you found this helpful, follow the show, share it with a friend who’s stuck on where to start, and leave a quick review so more New Zealanders can invest with confidence.Send us a text Support the showBuy your first home in NZ Weekly Webinars You thought it's not possible or the dream is too far away? Come to my webinar and I will show you, you are much closer to your dream, than you think you are! Join Here - https://bit.ly/4m9SL72

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