Kiwis should embrace supermodels
(When I talk about embracing “supermodels”, I’m actually talking about embracing “super models”. As in, all Kiwis should care about the policy settings relating to NZ Superannuation. If...
Category: Managing risks
Eat, drink, and be merry – for tomorrow we die
(Warning: meandering thoughts. No immediate, actionable takeaways compared to most other articles on this blog. Perhaps a bunch of rationalisations as I try to live less for the...
Parents can help out their children by underwriting risks
Parents like to help out their children. More broadly, family members like to help out family members. It’s kind of a silly thing to say because it’s so...
Digital assets and succession planning [video]
I recently presented to a group of lawyers about estate/succession planning in relation to digital assets. I only had 10 minutes to speak so I had to make...
On Simplicity becoming cash flow positive
I like Simplicity’s range of investment and KiwiSaver products. It’s no secret that I’ve recommended Simplicity products to many of my clients and continue to do so. I’m...
Making better decisions, with the help of our friends
As someone who wants to make better decisions, I’m enjoying the book Thinking in Bets: Making smarter decisions when you don’t have all the facts. It’s written by Annie...
NZ Wealth & Risk isn’t an affiliate site. This is why.
The other day, I was wondering whether to buy a specific gadget. (I like gadgets and gizmos.) I did my standard thing – checking the internet for reviews,...
“The truth is usually better than the nightmare.” What do we do when the unthinkable happens?
How do people respond when the unthinkable happens? How should we respond?
In this article I discuss some of the lessons from Amanda Ripley’s terrific book The Unthinkable, which discusses extreme circumstances and events, and how people tend to act when the unthinkable happens. Ripley provides guidance for how we can improve our chances if the unthinkable occurs – and a number of tidbits that can make us more optimistic about our ability to respond to tough situations.
Kids and careers
This article springboards off a powerful (and forceful) article which states: “You. can. not. afford. to. be. a. stay-at-home mum.” My message isn’t quite as drastic as that, but when you have young children, there are career risks that need to be managed and opportunities that can be pursued.
A good mindset for embracing uncertainty: “strategic flexibility”
Some time ago I came across a “Deloitte Research Monograph” by Michael Raynor titled “Strategic Flexibility”. I can’t find a copy of the article online, but it was...
