Welcome to Passive Income NZ, my Journey to Financial Independence. Every month I share how I am tracking towards financial freedom by providing you with an update of where my portfolio is at and how far I am from financial freedom, and how my spending is tracking. My definition of financial freedom is not really the same as everyone definition. It’s not to just stop working, it is much more …
So there’s one idea that I’ve recently brought into my life that has completely changed how I look at both long-term commitments as well as short-term failures. It’s reshaped how I think about success and how I make commitments going forward. It’s not being afraid to quit. Most people, like me, don’t follow through with their aspirations because we’re afraid. We’re afraid about what other people might think. So instead …
Read MoreThe Risk in Not Quitting: Opportunity and Sunk Costs
Investing is an excellent way to grow your wealth over time- and this is especially true with shares. But where do you begin- which investing service or platform should you use? How do you start “do it yourself investing”. I am going to introduce you to some of the best services and platforms to invest with as a DIY investor in New Zealand that you can use for DIY investing …
Read MoreDIY Investing in Funds and Shares in New Zealand: Popular Investment Platforms for Kiwis
It takes time to get your personal finances sorted. And often you don’t know where to start. And the thing is that no one can really show you how you should sort your personal finance, after all, personal finance is exactly that- Personal. However, there are several key stages in personal finance that you do need to get sorted. These are the stages that I have gone through to get …
A little over two years ago AMP Capital NZ introduced three new low-cost index fund for Kiwi investors. They were the; NZ Shares Index Fund with a management fee at 0.33% and Buy/Sell spread of 0.10% All Country Global Shares Index Fund with management fee at 0.38% and a Buy/Sell spread 0.15% Hedged Global Fixed Interest Index Fund with a managed fee at 0.39% and a Buy/Sell spread 0.10% The …
Read MoreAMP NZ Share index fund vs SmartShares NZ Top 50: Fee Update
Electric bikes are all the rage today- In fact, anything electric. Scooters, bikes, cars- There is a lot of hype around all of them. But should you buy one? Electric bikes make riding a bike effortless, at any speed, almost up any hill. You don’t even need to be an athlete to get all the glorious benefits of cycling. And think about what would traffic be like if everyone had …
The year by year returns of the NZX 50 Index, an index representing the 50 largest stocks listed on the New Zealand Exchange.Table of returns for the NZX50. As of April 2020- the NZX 50 has returned 476% since the year 2002. Historically, the New Zealand Stock Market (NZX 50) reached an all-time high of 12107.45 in February of 2020- just before COVID 19- which was a 545% return since 2002. Year Open Close Gain/Loss Percentage …
A common question among Kiwi investors, now more than ever, is “what is the NZX50”? It’s a good question. So here’s a post about what the NZX50 is. So if you already know what the NZX50 is from front to back, then you might want to skip this one. Intro to the NZX50 What Companies make up the NZX50 What Industries are the NZX50 companies in? How to Use the …
Welcome to Passive Income NZ, my Journey to Financial Independence. Every month I share how I am tracking towards financial freedom by providing you with an update of where my portfolio is at and how far I am from financial freedom, and how my spending is tracking. My definition of financial freedom is not really the same as everyone definition. It’s not to just stop working, it is much more …
So-how about it, can you tell me, should I be investing? Yes- absolutely you should be investing… Good simple question… …actually it’s a terrible question. It’s really an oversimplify question. And one that everyone seems to have, and that the internet seems to be able to answer with a resounding yes. The question, Can You Tell Me, Should I be Investing, creates a false dichotomy. There is much more nuanced …