The gift of fear
(To a large extent, this blog is oriented towards money. But when I talk about “wealth” and “risk” it’s important to think in much broader terms. Wealth is not just about money. And managing...
Category: Managing risks
It’s better to suffer pregret than regret
“Maybe all one can do is hope to end up with the right regrets”, wrote Arthur Miller, famed playwright (and husband of Marilyn Munroe for 16 years). There’s a lot of wisdom in that...
If you need to borrow to invest, you can’t afford to borrow to invest
I caught up with an old friend recently. He asked why more people don’t borrow money to invest. My first thought was that people borrow money to invest all the time. It’s called property...
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 you were expecting something more salacious,...
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 future and enjoy the present.) One...
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 obvious. But the fact that’s the...
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 the presentation as practical and succinct...
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 delighted to hear that Simplicity now...
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 Duke, who was a successful professional poker...
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, looking to see if there were...
