Cooking the Books podcast: Why 'core satellite' shares investing gives you the best of both worlds

If you like to pick winners, there's an investing strategy for that. Photo / File

Each week the NZ Herald and Newstalk ZB's Cooking the Books podcast tackles a different money problem. Today, it's a shares investing strategy to give you the best of both worlds. Hosted by Frances Cook.

Here's a conflicting issue. History and research shows that the best way for most of us to invest in shares is to invest widely in index funds.

It's not only the easiest, it has the track record to show it's the best way for the average person to make the most money.

However, there are some who just can't help themselves.

Listen to the podcast episode here

Sometimes people are sure they're on to a winner, or they just find it more interesting to pick and choose what they're attracted to.

At the end of the day, the best way to invest is the way that works for you, which includes needing to keep you interested, and actually investing.

So, what do you do if you're one of those people who likes to pick and choose?

For the latest Cooking the Books podcast I talked to Dean Anderson from Kernel.

We discussed the core satellite method, how it works, and how you should vet both index funds and individual company investments.

For the episode, listen on the podcast player above.

If you have a question you'd like answered in a future podcast, come and talk to me about it. I'm on Facebook here, Instagram here and Twitter here.

You can subscribe to this podcast on iHeartRadio, Apple podcasts app, or Spotify, to make sure you never miss an episode.