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 around for that long- it …

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Longheld Myths about the Share Market

Long Held beliefs about the sharemarket that are not true. Investing in New Zealand

Certain myths seem to persist over time. For instance- there’s the myth that there is a dark side to the moon. I blame Pink Floyd for this one! There is no dark side to the moon- it’s just the far side. Which has the same light and dark as the side we can see. The share market is like the dark side of the moon for many Kiwis. Mysterious and …

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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 time frame- how long are …

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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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