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...
“Every so often you meet someone from your tribe. And the trick is, when you do, to know that person all your life.” This scene, staring Carrie Fisher as a guest star in Ellen (the sitcom,...
Warren Buffett is an interesting cat. He has long been one of the richest men in the world, and people love to quote him about investing. I’ve done it myself. I think there’s a lot...
In theory, there’s no difference between theory and practice. In practice, there is. In theory, I like the idea of funds that adjust your investment approach (asset allocation) based on your age. The idea...
I’ve met a number of people who’ve made a decent amount of money from property investment. I tip my hat to each and every one of them. Below is a consciously arbitrary, tongue-in-cheek, categorisation...
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...
“Past performance is no guarantee of future performance” Read the small print of any decent investment offering, and you’ll see something to the effect of “past performance is no guarantee of future performance”. This...
The most important thing to get right when investing in financial assets is asset allocation.”Asset allocation” refers to how your funds are invested across different classes of financial assets, such as shares and bonds....
If you’re looking for a financial adviser, one of the best places to start is Mary Holm’s list of financial advisers. She doesn’t endorse these advisers, but they meet minimum criteria that mean their...
