How the Reserve Bank of New Zealand’s Mistake Could Affect Your Investments Investing is not just about having the right tools, but also having a clear vision of what you want to achieve and why. To make a living, you need skills. To get your income working, you need to learn new skills. Throw in
I've been loyal to my bank, so they'll look after me! Yes, this used to be true...but...Loyalty is NOT rewarded these days my friend! Here’s why: 1 - It’s not the bank who cares about you - it’s the PEOPLE. And good people often move on and get promoted! 2 - Rules trump all in
A financial adviser will take away all my fun! A financial adviser won't take away from your quality of life - they should actually be adding to it. Instead of judgement here - I'm going to bring some revelation to the area of your personal finance: - It's not about 'stopping' something - It's not
Financial Advisers just want to sell you products so they can get paid! Well, here’s a myth that has truth in it - the answer is...YES!! Financial advisers want to get paid! Do you go to work for free? The real question that you want to ask here is this: Does the desire to get
I’m going to share an observation that I’ve learnt from my most successful clients for over 15 years. You don’t build property wealth by reducing debt. You do it by holding assets that grow in value. Why is it then that there’s an entire industry devoted to debt repayment? We consistently see people who've paid
Now before you freak out and turn off, I'm not talking about replacing your kitchen or bathroom or even painting and doing the floors. I'm talking about full-blown renovations with council approvals, with big, wordy contracts from your builder, and all sorts of reports for things you've never even heard of. In most cases, renovations
It’s not about the rate that you pay, it’s about the rate at which you repay that matters - get rid of that debt fast, and your interest bill is cheaper. This truth is often ignored as it's not as easy to quantify and compare as a low number - this, unfortunately, causes many to
Who wants to listen to a cheesy show about making money and showing off about how much they know? Well if it’s going to be that kind of party I’ll go stick my face in some mashed potatoes - it’s high time that someone starts getting real about how they talk about financial literacy. The
You could be smoking crack or selling babies on eBay, but no this is way, waaaaaaaay worse - you're a property investor! All your non-property investor friends think you’ve run off and joined a cult, your uncle thinks you’re insane for borrowing that amount of money, and the only one excited is your mortgage adviser!!
Imagine you're dying of cancer - would you be willing to do almost anything to win back good health? In a battle for life and death, what would you do to win? There are 3 traps that snare many home buyers - here they are, and you won't hear this anywhere else! 1 - The
