Timing vs ‘Time In’ “I heard that the market is so uncertain right now, is it really a good time to buy?’ Here’s what I say to that… Being obsessed with timing and the market conditions is dumb – it’s just another manifestation of your fear, so get over it and stop being a pussy.
We Thought You Should Know… It helps to understand a little of what’s happening in your outside world, to run your inside world a little better. There’s so much ‘noise’ with traditional media outlets so it’s hard to know what’s actually real – Here are two changes happening soon that we think you should know about, as it could affect
Now I may get into trouble here but someone really should say something about the most common employer promoted health insurance scheme in NZ. I won’t mention their name, but I can almost guarantee the following: if you have an employer based health insurance scheme in NZ, there’s a reasonably good chance it’s these guys.
So nice to have a new website. Thanks to the team at Supply for putting it together.
Teaching ‘money smarts’ to your kids is critical – fail to do this and face a huge liability in your retirement. The most effective way to teach money smarts to your kids is to become more financially disciplined yourself: Earn money, save/invest/repay debt, give, and manage financial risk are the main areas that we’ve already covered. Do these things well and your
Teaching ‘money smarts’ to your kids is as important as teaching them good manners, like chewing with their mouths closed. I believe we’re failing as parents on both, but let’s talk about money smarts – financial literacy. Being literate in finances is the same as being financially disciplined. Broadly speaking it means you’re working on
If you’ve ever learned to fly, one of the first things you learn is the ‘go around’, a simulated aborted landing. When you’re in control of the plane it’s all good, but when you’re not, it’s a little concerning. I had that experience once in a 747 flying into Rome. The pilot pulled out of
What is and what should never be… 2016 contained a whole host of changes with banks and policy makers jostling for position. I believe 2017 will be slightly more 'interesting' however. Here’s a few things you should know of 2016 - Banks became stuck between a rock and a hard place. The 'rock' here is the regulators
Brexit and Donald Trump have schooled me good this year – The mainstream media isn’t a good gauge of what the majority actually thinks. Often ‘the people’ may choose something that the status quo doesn’t really like – it’s like offering your 5 yr old the choice of doing anything they want for the day. Good
It’s not about the cost of money; it’s about the availability of money! And right now, money has become less available. Here’s the bad news first: - Banks have been restricted recently by how much they lend by the regulators (like the Reserve Bank of New Zealand a la LVR restrictions) and the 'Responsible Lending Code'. - Banks have been
