NZ Wealth & Risk - money for thoughtful Kiwis
In early November 2021, Tesla hit a market capitalisation of $1.23 trillion (USD). As I type this, its market cap is just under $700 billion. In early November 2021, Bitcoin hit a market cap of $1.263 trillion. As I write, its market cap is just under $370 billion (USD). From ...
If you’re wondering why I’ve slowed down with publishing articles, this is my explanation.TL;DR: I’m absolutely fine! I’m just prioritising other things.BackgroundI’ve been publishing articles on the NZ Wealth & Risk blog regularly since 2014.To put it into personal perspective: I started publishing articles when my son was 2 and ...
A lot of people are interested in ethical investing. I’ve written about ethical investing in depth before. In short: I’m ambivalent about the idea. I like that the concept exists, and I like the type of people who find it attractive. But I’m not sure it makes a big difference. ...
“You waste years by not being able to waste hours” – Amos Tversky When I started working as a lawyer, I liked the idea of time recording. In fact, before I started practising law, I had been experimenting with recording how I spent my personal time. Way before Fitbits and ...
Unhappenings by Edward Aubry is a terrific novel. You should read it.Unhappenings by Edward Aubry is the best time travel story you’ve never heard of.It was published in 2015. In an alternative universe, it was the recipient of many awards. It was raved about by popular personalities who drive book ...
I’ve increased fees for Fairhaven Wealth’s services. Again. The price for Fairhaven Wealth’s full planning service has increased from $6,000 to $10,000. The cost of the basic INSIGHT service is staying the same for the time being: $500, although I have also added a $600 tier. (All figures include GST.) ...
Consumer NZ is paving a road to hell with good intentions with the way it talks about personal insurance, and especially personal insurance advice. I’m a big fan of Consumer NZ. I pay for membership to access its research and to support its mission.I’ve benefited from Consumer’s guidance when purchasing big ...
I am copying this idea off Luke Muehlhauser, who publishes “Media diet” and “Media I’m looking forward to” lists each quarter. I wish more people did this – so why not be the change I want to see in the world? Below is a list of movies and TV shows ...
Happy new year! As with 2020 and 2021, I'm starting the year with a list of books I enjoyed reading in the past year, and that I'd recommend to lots of people.These lists seem to be popular with the types of readers I love hearing from! If you read (or ...
(Article written on 12 December. Exact figures might change, based on posts and traffic in the last 3 weeks of December 2021.) This year, I've published 37 articles For the first half of the year, I maintained the cadence I've maintained for several years, of a new article every week, ...
Being a parent is a huge responsibility.We want the best for our children. When they leave the nest, most of us want to have some comfort knowing that they’re well-equipped to be happy, independent, productive people.Part of this picture is being able to make sound financial decisions.As a result there ...
Sometimes, for some people, the smart thing isn’t to maximise the probability of success.Sometimes, it pays to do things that are more likely to fail – where you’ll probably lose money or get nothing for you time. If there is the possibility of a big payout. And you’re in a ...
I love consuming media. I love reading, watching, and listening – for entertainment and education. We live in a golden age of media, thanks to the internet. At the touch of a few buttons we have access to an uncountable number of books, articles, podcast episodes, videos, courses, etc. At ...
TLDR: High-level thoughts. Less relevant to any specific decision, but more about the lenses through which we see the world, which can in turn inform our decisions.In the last year or so, something weird has happened. I’ve become an optimistic person.This is weird for many reasons, including:The fact I’ve spent most ...
In this article, I reflect on my personal situation. However, I hope my candid thoughts prompt you to reflect on your own situation.For the next couple of months at least, I’m reducing the amount of time I spend blogging.I’ll probably keep posting, but not at the weekly cadence of the ...