Can You Tell Me, Should I be Investing?

Can you tell me- should I be investing?

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 …

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My Favourite Kiwi Money and Personal Finance Podcasts

My favourite NZ personal finance and money podcasts

Everyone might find themselves with a lot of time on their hands currently. So why not spend some time learning. I love learning. I ‘m a life-long learner. Ever since I can remember, I loved learning about things and ideas. I continued to learn as I grew. I went to university and then post-graduate degree, followed on with a 4-year registrar position That’s an extra 9 years of study after …

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Is Your Credit Score Important In New Zealand

Is you credit score important in New Zealand- and how do you get access to it?

The idea of the importance of your credit score has been growing in New Zealand. Credit scores are big in the US- and if you are in the US- your credit score seems to be important judging on the many posts about how to improve your credit score. But- is your credit score important in NZ? or is it just being pushed by the three big credit score agencies? Does …

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What does the Typical NZ Investor Look Like?

What does the typical NZ investor look like

Everyone knows I hang out on the InvestNow platform and website quite a bit. I log onto their website every month to look at how my investments are doing. And from time to time I’ll have a look around their website. They have quite a lot of good resources and even an articles page which makes for interesting reading every now and then. Recently I rediscovered their LikeMe tool, which …

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NZ Funds: More Funds Does Not Necessarily Mean More Diversification

More Funds does not mean more diversification

I’ve been having a hard look at my investment funds after realising I have too many. At the end of 2019 I had 11 funds, which is just getting out of hand (again). What are they all doing? How did I end up in this situation? So this year, along with continuing my automatic investing, I want to downsize my investment portfolio. I think one reason is that I ended …

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How To Save Money on Your Car Insurance in NZ

How to Save money on your car insurance

The team at Cove has offered to pay for the first month of your car insurance if you decide to switch to them using this link. They’ll cover the first month (Up to $100), and they’ll even offer to help cancel your current car insurance policy. Why switch to Cove? I’ll tell you below. I had to renew my car insurance recently and I’d wished I had shopped around more. Optimise …

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The Value of Education- Net Worth and Income Statistics

The value of education networth and income statistics

Whether or not you should go to university is a big question to ask of someone when they are 17 or 18 years of age. And I don’t think anyone can answer this question for you. It’s a personal decision. The problem in recent years is that the price of university or higher education has been increasing year on year- faster than inflation. It’s becoming more and more expensive. Check …

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The Downsides of Kiwisaver- What You Need to Know

The down side to KiwiSaver What you need to know

April has been about all about the proposed capital gains tax. Everyone was talking about it and what it would mean. While there was a lot of focus on capital gains tax on housing, there was also a capital gains tax that could have been imposed on KiwiSaver and shares. I’m glad that capital gains tax on KiwiSaver is off the table now. But there have been other changes to …

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What’s the Difference between Income and Wealth

What's the Difference between Income and Wealth

In personal finance Income and Wealth are two very different things that are weakly correlated with each other. Having a high income does not mean that you are wealthy, and having a low income doesn’t mean you are penniless. In personal finance, wealth is your net worth. That is the value of all our assets minus your liabilities. Assets being things you own, such as your house and shares in …

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My $1000+ Money Mistake

My one thousand dollar money mistake- when credit card companies have your back

Social media puts a strange filter on the world, especially Facebook and Instagram. People are always happy and looking amazing. Everyone on social media is winning at life. Going on amazing trips, partying with friends. Living their dreams. And no-one seems to be messing up. They all have their lives put together and sorted! Well, life isn’t perfect. We don’t all have it worked out. We all make mistakes- at …

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