Get Your Personal Finances Sorted in Five Stages

Get your personal finance sorted in 5 stages

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 …

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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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Creating an InvestNow Portfolio: Let’s get things Started

the ins and outs of creating an investnow porfolio

When it comes to DIY investing in New Zealand it’s hard to look past the InvestNow platform. And there’s a good reason for that. InvestNow has zero fees and you can start investing a minimum investment amount is $50, when part of a Regular Investment Plan, or $250 for one-off investments. InvestNow is a fund platform that offers you access to a variety of funds to invest in. They have 130 funds and offer …

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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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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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Financial Advisers: Do you need one and how can they help you?

Financial advisors- do we need them? or do they cost too much in fees

Do you need a financial adviser? Do you need a financial adviser? or to put it another way- can you get more value from a financial adviser than they charge? Every day the FIRE community is promoting the lowest cost index fund investment for a number of reasons. One of which is that you will avoid paying extra in fees- does this mean that they also advocate avoiding not using …

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What are you Actually Investing in? Vanguard, NZX50, and S&P500

what are you actually investing in NZX50 vanguard and us500

The talk around the personal finance water-cooler is that you should invest in low-cost index funds, such as the NZX50, S&P500, and the Vanguard fund offered by InvestNow. But how many people who are invested in these funds actually know what companies they are investing in? Either directly, or indirectly? In reality, when I invested in them really only knew a little about each. I knew that the NZX50 was …

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Active Investing with Passively Managed Funds

Active investing with passive index funds

Exchange-traded funds (ETF’s) have been around since the early 1990s. And ever since ETFs have been around, the idea of investing in ETF’s have been interchangeable with Passive investing, but in reality- passive investing still has an active component. Passive investing is where you buy a portfolio of assets that replicate a certain index, say the NZX50 or S&P500, or any other fund that is not actively managed by fund …

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Investing Won’t Make You Rich

Investing won't make you rich- saving over time will make you wealthy

Today, I’m going to share a truth about investing that some people might not like. One that might not be as obvious to people in recent years. Especially with the rapid rise value in Bitcoin, and weed stocks, and the bull market in tech stocks. There have been a lot of stories around of investment doing very well in recent years. The so call bitcoin millionaires are one example. There …

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Lessons Learned After One Year of Investing

Lessons Learned After One Year of Investing

Since early 2018 I’ve been drip-feeding money into InvestNow. I’ve scheduled an automatic payment the day after I get paid so I don’t get tempted to spend it. I thought it might be interesting for you to see how my investments are going, and to share with you some lessons I have learnt along the way. In the Begining with RaboDirect To be honest I started drip-feeding money into investment …

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