10 Steps Needed to Achieve Financial independence in NZ

10 Steps Needed to Achieve Financial independence in NZ

If you’re like me then you have a dream to become financially independent- it’s an admirable goal. But why do so few people actually become financially independent in New Zealand? Financial independence doesn’t happen overnight- and that’s where the problem lies. It takes a detailed plan and years of willingness to commit to the plan before you will financially become financially independent in New Zealand and any other country around …

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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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Investing in Rental Properties: A Sure thing

Investing in real estate is sometimes thought of as a sure thing

It’s heartening to be able to talk about investing and money out in the real world. At least I got to talk shop with some old friends at a recent social gathering. Anecdotally, I think that the number of money conversations I’ve been having in the real world has increased over the years- Have we a society become more comfortable talking about money? Maybe. But, it could also be me …

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Dave Ramsey’s Investing Advice

Dave Ramsey's Investing Advice

I’ve always liked Dave Ramsey’s advice. The 7 baby steps have definitely helped many millions of people. They are simple, understandable, and achievable. If you haven’t come across Dave Ramsey’s 7 baby steps, here they are; Save $1,000 for you starter emergency fund Pay off all debt (except the house) using the debt snowball Save 3-6 months of expenses in a fully-funded emergency fund Invest 15% of your household income …

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Vanguard Through InvestNow or Hatch: Which is Cheaper?

Which is cheaper- investing in InvestNow or Hatch US500

A fee week ago I wrote a post outlining how you can get access to Vanguard’s Index fund from New Zealand. I don’t think I need to point out why you would want to invest in Vanguard- it’s widely known that they have a range of low fee, well-diversified index funds. And then last week- I had a look into whether or not fees are correlated to returns for all …

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End of Year wrap up and Personal Finance Checklist

End Of 2019 Wrap Up And Personal Finance Checklist

2019 is coming to an end. And what a year it has been. I managed to sort out my Kiwisaver by switching to a lower fee option- granted it’s not the lowest option out there, but I like the customisation that Superlife gives me. I did manage to take my time making this decision and ultimately I was overwhelmed by which choice is the best. Talk about information overload. In …

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Do Fees Really Matter When it comes to Investing?

Do Fees Really Matter When it comes to Investing?

Sometimes I keep beating the same drum. Do fees matter when it comes to your investments? I’ve previously talked about how funds with higher fees eat into your returns over time- but today- let’s look at whether or not higher fee funds produce better returns. Higher fee Higher Return It’s easy to think if your new to investing that higher fees will give you higher returns. I thought exactly that …

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How to Invest in Vanguard’s Index Funds while Living in New Zealand

how to invest in Vanguard from New Zealand

The passive index investing movement has taken off in a big way- in New Zealand, we’re just catching up with the rest of the world- especially the US. The big-name when it comes to Invex funds is Vanguard- founded by the late Jack Bogel- credited for creating the first index fund.  There is also iShares (ETF) managed by BlackRock. We all know what makes passive index funds appealing- they are low …

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Tracking Your Share Investments with Sharesight

Tracking Your Share Investments with Sharesight

I’ve recently discovered Sharesight– although it has been around for over ten years now. So what is Sharesight? It’s a New Zealand company which gives investors an insight into how their share investment portfolio is performing in real-time. I’ve always thought that there should be a better way of tracking my share performance every month. An alternative to googling “Genisis Energy Share price” every month. And now I’ve found it. …

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