Investing is personal
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...
Tagged: investing
My (in)efficient market hypothesis
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....
Stop complicating your financial affairs!
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...
The myopia of compound interest
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...
Invest in friendship
“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’s most important lesson
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, I like age tracker funds. In practice, I don’t.
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...
Property investors – a tongue-in-cheek typology
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...
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...
“Past performance is no guarantee of future performance” – especially when it comes to 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...
