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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Kernel Wealth Review + New Index Funds on Offer

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 the time. And lower fees …

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Filing My Foreign Investment Fund Tax Return

Filing My Foreign Investment Fund Tax Return

31 March 2020 marked the end of the financial year for the year 2020 – which also means that in the next few months you will need to file taxes! Luckily, we have an easy tax system in New Zealand. For many people you who are on salaried wages, your tax is automatically done for you through PAYE (pay as you earn). Your employer would have already paid your taxes on …

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May 2020: Journey to Financial Freedom update

Journey To Financial  Freedom Update

Welcome to Passive Income NZ, my Journey to Financial Independence. Every month I share how I am tracking towards financial freedom by providing you with an update of where my portfolio is at and how far I am from financial freedom, and how my spending is tracking. My definition of financial freedom is not really the same as everyone definition. It’s not to just stop working, it is much more …

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DIY Investing in Funds and Shares in New Zealand: Popular Investment Platforms for Kiwis

Do it yourself investing with Smartshares, InvestNow, Sharesies, ASB securities, Direct Broking Stake, Simplicity, Kernel Wealth, and Superlife

Investing is an excellent way to grow your wealth over time- and this is especially true with shares. But where do you begin- which investing service or platform should you use? How do you start “do it yourself investing”. I am going to introduce you to some of the best services and platforms to invest with as a DIY investor in New Zealand that you can use for DIY investing …

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AMP NZ Share index fund vs SmartShares NZ Top 50: Fee Update

AMP NZ Share Index Fund Vs SmartShares NZ Top 50

A little over two years ago AMP Capital NZ introduced three new low-cost index fund for Kiwi investors. They were the; NZ Shares Index Fund with a management fee at 0.33% and Buy/Sell spread of 0.10% All Country Global Shares Index Fund with management fee at 0.38% and a Buy/Sell spread 0.15% Hedged Global Fixed Interest Index Fund with a managed fee at 0.39% and a Buy/Sell spread 0.10% The …

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NZX50 Past Percentage Returns table

Past returns and average returns of the NZX50

The year by year returns of the NZX 50 Index, an index representing the 50 largest stocks listed on the New Zealand Exchange.Table of returns for the NZX50. As of April 2020- the NZX 50 has returned 476% since the year 2002. Historically, the New Zealand Stock Market (NZX 50) reached an all-time high of 12107.45 in February of 2020- just before COVID 19- which was a 545% return since 2002. Year Open Close Gain/Loss Percentage …

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What is the NZX50?

what is the nzx 50, and how can you make money with the nzx50. list of companies

A common question among Kiwi investors, now more than ever, is “what is the NZX50”? It’s a good question. So here’s a post about what the NZX50 is. So if you already know what the NZX50 is from front to back, then you might want to skip this one. Intro to the NZX50 What Companies make up the NZX50 What Industries are the NZX50 companies in? How to Use the …

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April 2020: Journey to Financial Freedom update

Journey To Financial  Freedom Update

Welcome to Passive Income NZ, my Journey to Financial Independence. Every month I share how I am tracking towards financial freedom by providing you with an update of where my portfolio is at and how far I am from financial freedom, and how my spending is tracking. My definition of financial freedom is not really the same as everyone definition. It’s not to just stop working, it is much more …

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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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