The folly of predicting market downturns
I’ll start this article with a prediction. At some point in the future, the sharemarket will go down. It might go down in a big way. Phew! I...
Category: Planning
NZ Super and uncertainty in retirement planning
The future is uncertain. This fact shouldn’t stop us from planning for the future. But we need to plan with an appreciation for this uncertainty. In terms of...
Handwritten money lessons
Some handwritten scrawling about how to set yourself up for your financial future.
Private education: It’s not a $16,000 decision, it’s more like a $500,000 decision.
The decision send your eldest child to a private primary school isn’t just a $16,000 decision. In the scheme of things, it could be more like a $500,000 decision.
Are we on the road to ruin?
In this article, I use James Rickards’ book The Road to Ruin as a starting point for talking about predicting “The Future” (singular, rather than plural), “X risks” (or “existential” risks), and the challenges of trying to predict “worldwide financial meltdowns” (whatever that actually means).
Planning for a changing future
When we plan for the future, it’s easy to think that we’re planning for a future that’s similar to the present. But think about how much the world has changed in your own lifetime. Or in the past 50 or 100 years. What will happen in the next 20 or 50 years? This is the context in which we need to plan our long-term future.
Build your own financial plan – a challenge and an offer
In this article, I encourage you to build your own financial plan. I also introduce an innovative new service through my business, Fairhaven Wealth: financial Warrants of Fitness (WOFs). For more information about this service, visit www.fairhavenwealth.co.nz/financial-wof
You DON’T need $101k by age 30 to have a comfortable retirement!
A recent headline from the NZ Herald: “Want a comfortable retirement? You’ll need $101k by age 30” The first paragraph: “People who want to have choices in retirement...
Negotiating doesn’t look like you think it does
When many people think of what a drowning person looks like, they think of the Hollywood tropes of someone splashing around, clearly in distress. Except that’s not what...
