A lesson Learnt: Emergency Funds and Risk Tolerance

A Lesson Learnt in Emergency Fund -And Risk Tolerance

There are some things in life that you can only truly learn through experience. Right now, what the world is teaching us (at least in terms of personal finance, there are many other lessons being taught too) is just how important it is to figure out our risk tolerance- and the need to have an emergency fund. It’s not that you can’t learn about risk tolerance and the need for …

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March 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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Past Viral Outbreaks and the Share Markets Reaction

Past Viral Outbreaks And The Share Markets Reaction

Surprise market crash It’s a tough time to be an aggressive investor- that’s for sure. Covid-19 has turned the volatility level in the share markets up to 11 with share prices dropping almost universally. Many investors are running for the exits as countries suspend air travel and go into lockdown. I didn’t want to write about Covid-19 and the market crash. There is already so much much information out there …

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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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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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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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January 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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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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