Indra’s net Indra is a deity in several religions, including Hinduism and Buddhism. He’s sometimes known as “God of the Gods”. Befitting a God, he has a magnificent palace. Over Indra’s palace is a...
(Technically, this article should be titled “How WE money” because everything I do, I do it with my wife.) One of the things I pride myself on is providing financial advice that follows the...
Frugality is great. But only if you’re frugal out of choice, and you define frugality in terms of being mindful about how you spend your money and making sure you spend in a way...
We all want to be ethical people, right?!Well, at least most of us, right?! In which case, investing in an ethical way is likely to be in line with our values and priorities, right?! Maybe. The idea...
I love books that swing for the fences. They almost always include things I disagree with. And they’re not the sort of books that will average 5 stars on Amazon. That’s how I’d describe...
This week I gave a 30-minute presentation to a group of engineers. I talked about investing and insurance, while emphasising the importance of making financial and lifestyle decisions that are in line with YOUR...
How would you invest if you were 60 and had an investment portfolio of $5 million? And let’s say you enjoyed a lifestyle that costed, say, $100,000 per year, and didn’t have any desire...
One reason academically-inclined people give for investing in index-based funds is the “efficient-market hypothesis”. (Another is the empirical evidence that index-based funds tend to outperform actively managed funds, especially after fees, over the long-run....
There are a number of terrific, Kiwi-based, personal finance forums online. For some breadcrumbs, look for Facebook groups inspired by Mr Money Mustache or The Barefoot Investor; check out the Personal Finance NZ subreddit; or Sorted’s...
Compound interest is magical! But there’s a myopia that surrounds it, too. The magic of compound interest is something many financial gurus like to talk about. The Barefoot Investor is one of them. Below...