Do You Have a Vision for Your Retirement?

Do you have a dream for early retirement

Do you dream about early retirement? The definition of retirement is the action of leaving one’s job and ceasing to work. That is why the term retirement and financial independence are often used interchangeably. Both, retirement and financial independence, are achieved when you have enough retirement savings and investment incomes or NZ super to cover your expenses. The History of Retirement Retirement hasn’t actually been …

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Kernel Wealth Review- What you need to Know

Review of Kernel Wealth NZ new global funds

As you all know, I am an avid index investor. I’m generally interested in low cost, well-diversified index funds. There is a good deal of evidence out there that low-cost well-diversified index funds give you the best chance of getting a great return from the share market with little effort. No researching companies, or timing entry and exits of positions- while interesting- I don’t have …

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Should You Pay Down the Mortgage Early or Invest Instead?

Pay-the-mortgage-or-invest

Whether you should pay down your mortgage faster, or invest instead, is one of the longest-running debates in personal finance. What should you do with any extra money that you might have- pay off your mortgage, or invest? There are certainly advantages and disadvantages to both sides. Sure, you can be completely analytical and run the numbers to get an estimate of which is better …

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Are Bonus Bonds Any Better than Lotto?

Are bonus bonds better than lotto tickets

Are Bonus bonds better than buying Lotto tickets? Probably… In a previous post, I tried to visualise the odds of winning the Lotto’s Powerball– and how it doesn’t really make sense to buy lotto tickets at all. The odds are so small that almost anything is more likely to happen than you winning Lotto. And yet- I still purchase the odd Lotto ticket now and …

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Lotto- The Odds Are Against You!

Odds of winning lotto powerball it's maths- why you shouldn't play lotto.

I buy lotto tickets- there, I said it. Not all the time, just occasionally. I usually buy them when the jackpot gets really high- like the recent $32 million Powerball- for some reason, I have convinced myself to only buy tickets once the Powerball jackpot goes beyond $20 million. Because you know- anything below 20 million just isn’t worth my time. But why? Only buying …

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Where Should You Invest Your Hard Earned Money?

Where Should You Invest Your Hard Earned Money? advice for New Zealanders, Kiwis, and people from NZ

One of the most asked questions, when it comes to investing, is generally along the vein of “I have X amount of dollars, where should I invest it”. And it’s a hard question to answer with just that much information. There are two other pieces of information that you need to know when deciding where to invest your money. One being, what is your investment …

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The Intimidating Aspects of Money- Budgeting and Raises

The intimidating aspects of money- budgeting and raises

Generally us humans don’t like intimidating things, and we don’t like things that give us a different answer than we are looking for. It’s typical for us to ignore these things completely. It’s kind of like that for money. If you really look at your finances for the first time it might be intimidating. You might find that you really can’t afford that new car …

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