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Why New Zealanders are scared of the sharemarket

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Each week the NZ Herald and Newstalk ZB's Cooking The Books podcast tackles a different money problem. Today, it's what puts people off the sharemarket, and why it's worth a rethink. Hosted by Frances Cook.

New Zealanders have a love affair with housing.

It's true, owning your own home gives you security, and if you pay it off before retirement your golden years should be a lot easier.

In comparison, many Kiwis are nervous of the share market. We were particularly badly burned by the 1987 crash, and that memory still haunts many........

© New Zealand Herald